MERCURY AIR PROFITS DOWN SLIGHTLY IN QUARTER, UP SHARPLY FOR SIX MONTHS

Mercury Air Group reported net income of $1.8 million for the quarter ended Dec. 31 compared with $2 million for the same quarter a year earlier. Revenues were off 17.4 percent to $56.6 million, due primarily "to lower fuel prices and lower volume of fuel sales." For the six-month period ended Dec...

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