Tower Air posted a net profit of $3.6 million for the second quarter
Tower Air posted a net profit of $3.6 million for the second quarter, up from $2.9 million a year earlier. Operating profit jumped 85% to $9.5 million from $5.1 million. Revenues declined 1.2% to $112.6 million while expenses dropped 5.2% to $103.1 million. Scheduled passenger traffic was down 10.6%...
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