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Home > Company Index > Transportation > Airlines > Tower Air, Inc.
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Tower Air, Inc. |
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PROFILE |
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Though it is weighed down by debt, Tower Air aspires to tower above its rivals in the charter airline market. The company, which has filed for bankruptcy protection, provides long-haul charter passenger air service to a range of international and domestic markets at discounted prices. Tower Air provides chartered flights for tour operators, and it is a major charter-service provider to the US military, the United Nations, and the International Organization for Migration. It has ended its scheduled flights, which included service between New York and Los Angeles; Miami; Paris; San Juan, Puerto Rico; and Tel Aviv, Israel. The family of CEO and co-founder Morris Nachtomi owns about 75% of the company.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1998 Sales (mil.): 483.80
1-Yr. Sales Growth: 4.8%
Employees: 1,932
Revenue per employee: $250,414.08
KEY PEOPLE |
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Morris K. Nachtomi
CEO
Badar Mir
CFO
CONTACT INFO |
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John F. Kennedy International Airport, Hangar 17
Jamaica, NY 11430
US
Phone: 718-553-4300
Fax: 718-553-4312
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
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