Mercury Air acquires 50% of Trans Asia Charters

Mercury Air Group, Inc., a global aviation services company specialising in jet fuel, air cargo and US government contracting, announced that it has purchased 50 per cent of the stock of Hong Kong-based Trans Asia Charters (TAC), which specialises in medium and long term wet leases for cargo aircraft and long term dry leases for passenger aircraft.


Inc. Mercury Air Group


Mercury Air acquires 50% of Trans Asia Charters

Mercury Air Group, Inc., a global aviation services company specialising in jet fuel, air cargo and US government contracting, announced that it has purchased 50 per cent of the stock of Hong Kong-based Trans Asia Charters (TAC), which specialises in medium and long term wet leases for cargo aircraft and long term dry leases for passenger aircraft. TAC also operate ad hoc full charters with a special focus on cargo operations and military personnel flights using Western and Russian built aircraft. TAC is well known for concentrating on niche markets and special/outsize loads. Other TAC services include aircraft and engine inspections as well as sourcing of new and used aircraft for specific clients. “Mercury operates at 63 locations around the world and has one of the most extensive cargo networks in the industry. Through our partnership, we will grow TAC much faster than I had originally planned. I am especially pleased to be working directly with Mercury’s chairman & CEO Joe Czyzyk. “Joe has over 35 years of experience in the air cargo industry. He is a wellrespected cargo veteran having done business in nearly 100 countries,” said Bill Pellew-Harvey, Chairman of Trans Asia Charters. Pellew-Harvey started in the logistics and aviation business in 1976 and has become an authority on aircraft procurement and leasing. He formed TAC in 2010. Los Angeles based Mercury Air Group was founded in 1956 by three members of the legendary AVG Flying Tigers. As the largest cargo handler at Los Angeles International Airport (LAX) and with its own international network of cargo sales agents, marketed under the name Hermes Aviation, Mercury has an extensive background in air cargo. Mercury said that together with TAC the two will bring their respective expertise to growing the cargo charter market, especially between Asia and South America. “Over the last two years, Mercury has expanded its cargo services into perishables and forwarding for the US military. Our new relationship with TAC will help us enhance the services we offer our existing customers as we look together to exploring new markets and opportunities,” said Czyzyk.