Skip to comments.Mooney Aircraft Co. Shrinks To Skeleton Crew, Seeks Investor Support
Posted on 11/19/2010 6:09:41 PM PST by The Magical Mischief Tour
Mooney Aviation Company began a company-wide "draw down" Friday that will see its staff cut from 53 positions to "less than 10" by Jan. 1; the company says it is not shutting down and its aircraft will be supported. AVweb spoke with Mooney's Susan Harrison Friday, who confirmed the details. The layoffs will be staggered through December. Beginning in 2011, Mooney will be staffed by a skeleton crew that will maintain the company's facilities, its type and production certificates, and parts inventory, and provide technical support to owners. The bottom line appears to be this: Come January, the phone at Mooney may sometimes go unanswered, but, for now, that does not mean the company has closed shop. Mooney has been involved in negotiations with potential investors for 18 months and says those efforts will continue.
(Excerpt) Read more at avweb.com ...
Can we buy stocks-?!
They would rather you buy an airplane!
BS, just think of all those ear marks by congressman for all of those good for nothing hobby airports around this country. So you average joe tax payer can get hung with the cost of a good for nothings hobby.
Average Joe Taxpayer does not pay for hobby airports. When federal tax dollars are used for public airports they come from taxes on airline ticket sales and taxes on aviation fuel and aviation tires.
But it is noted you approve of redistribution, from the many to the few..
Please tell me what a hobby airport is?
There is a big Hobby Airport in Houston.
I set myself up for that one. And considering I fly a Citation in there twice a month, I deserve the zing.
I’ve heard that Mooney makes (made?) excellent airplanes. Can anyone confirm?
Well I’m naturally skeptical of anything that has its tail on backwards...
Non commercial, tax payer supported!!!
Could you please give an example of a specific airport that has no commercial activity and is supported by taxpayers?
As you know, everything in aviation is a trade-off. The Mooney is a fast, fuel efficient aircraft. It is not the widest cabin and it doesn’t carry the best payload.
But for a businessman or a small family, it is a dandy airplane.
The best Mooney repair shop on the planet, Don Maxwell Aircraft, is on my home field, KGGG.
I don’t have a lot of Mooney time, but I have flown the Mooney Mite, the 201 and 231. The worst thing I can say about them is the tight cowling sometimes makes mechanics say bad words when working on them.
Not your teacher are guiding light. Hear the same crap from the clown that thinks the black hole of Amtrak is a great way to spend tax payers money.
The Mooney Plant here in Kerrville, TX in better times ...
Fast, fun and beautiful aircraft. A lot of good local jobs were lost when production halted but thats been at least 3 years ago.
“Not your teacher are guiding light. Hear the same crap from the clown that thinks the black hole of Amtrak is a great way to spend tax payers money.”
I’m not quite sure what you mean by your post. I was hoping you could give me an example of a hobby airport that receives federal tax money.
Airports that sell aviation fuel pay federal taxes. Businesses that give flying lessons, sell airplanes, fix airplanes, sell pilot supplies, provide charter, etc. all pay federal taxes. Is it not fair that federal money then be used to help provide the infrastructure to do their business? Is this no different than truck drivers and federal money for highways?
Otherwise known a the V-Tailed Dr Killer...
Mooney’s ‘Wee Scotsman’ from 1953 ...
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