Mercury Air Group keeps its winged feet firmly on the ground so it can help passenger and cargo airlines, and government-owned planes take to the air. The company provides a range of services to the aviation industry through four business units: Mercury Air Cargo (ground handling and logistics), MercFuel (management and distribution of aviation fuels), Maytag Aircraft (aircraft refueling, ground handling, and weather data services at military installations), and Mercury Aviation (fixed base operation, or FBO, management). Mercury Air operates primarily in the US and elsewhere in the Americas; in addition, the company's subsidiaries maintain facilities in Europe, the Middle East, and the Asia/Pacific region.
Joint ventures and strategic investments have fueled Mercury Air's growth. In 2011 subsidiary Maytag Aircraft and JV partner TK&K landed a string of government owned/contractor operated contracts. The contracts call for bulk fuel storage services at US Army bases in Germany and Italy. Mercury Air teamed up with Dubai-based Red Orange in late 2009. The alliance provides freight logistics services in and out of such hostile sectors as Iraq, Afghanistan, and Pakistan.
Mercury Air is also capitalizing on Mercury Air Cargo's warehouse services, located at several major facilities in the US and Canada. Besides loading and unloading freight, the company buys cargo capacity from airlines and resells it to freight forwarders. Bolstering the cargo business, Mercury Air launched a refrigerated warehouse at the Los Angeles International Airport (LAX). The facility -- the only one on airport property -- developed from a lease with airport operator Los Angeles World Airports and an agreement with Lan Cargo, a Lan Airlines' subsidiary, to deliver and warehouse perishable products from South America. Mercury Air Cargo began handling Air New Zealand's cargo at LAX in fall 2010. Earlier in the year at LAX, Mercury Air became the first independent air cargo screener certified by the federal government.
Company chairman and CEO Joseph A Czyzyk leads Mercury Air's operations as well holds considerable influence as one of its major owners. The company withdrew its common stock from the American Stock Exchange in 2005; at that time Czyzyk owned almost 40% of the company.
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