TOWER AIR, INC. (Nasdaq: National Market: TOWR)

Tower Air, Inc., headquartered at John F. Kennedy International Airport, began service in 1983 as a scheduled U.S. carrier.

The airline provides low-cost scheduled and charter, passenger and cargo air service in diverse domestic and international markets. Tower's principal business strategy is to provide airline service in markets where a low operating cost structure permits profitable operation, while providing quality passenger service.

Tower Air operates an all Boeing-747 fleet, consisting of 14 passenger and three cargo aircraft. By operating 747s exclusively, the company reduces training and maintenance costs while adding flexibility. This structure has allowed Tower to remain profitable, despite the uncertainties of the industry throughout most of the 1990's.

Tower offers international and U.S. scheduled service to Athens, Los Angeles, Miami, New York, Paris, San Francisco, San Juan and Tel Aviv.

The airline also provides charter service to several United States and foreign tour operators, principally serving Greece, Italy and is a major supplier of charter passenger and cargo services to the United States military and the United Nations.

Tower's fleet is continuously maintained to a high standard, including new interiors and advanced technical equipment which provide passengers with state-of-the-art comfort.

Passengers traveling in Economy Class enjoy seats with more leg room and extra-large overhead bins for carry-on luggage. Business Class features wide seats located in the front cabin (where most carriers offer first-class seating) and in a dedicated, non-smoking cabin in the exclusive upper deck.

The newly renovated Tower Air Terminal at John F. Kennedy International Airport offers travelers a comfortable, convenient and uncongested environment. Once inside they can enjoy the European-modular design, spacious waiting rooms and renowned works of art. There is even a meditation area or "quiet room."

Tower Air employs more than 1,750 motivated employees who are committed to passenger service and comfort.

Tower Air, Inc. is a member of the International Air Transportation Association (I.A.T.A.).


   
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