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Mooney Aircraft Co. Shrinks To Skeleton Crew, Seeks Investor Support
AvWeb ^ | 11/19/2010 | AvWeb

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 ...


TOPICS: Business/Economy; Miscellaneous; News/Current Events
KEYWORDS:

1 posted on 11/19/2010 6:09:43 PM PST by The Magical Mischief Tour
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To: The Magical Mischief Tour

Can we buy stocks-?!


2 posted on 11/19/2010 6:11:34 PM PST by imjimbo (The constitution SHOULD be our "gun permit")
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To: imjimbo
Can we buy stocks-?!

They would rather you buy an airplane!

3 posted on 11/19/2010 6:26:50 PM PST by sjmjax
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To: sjmjax

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.


4 posted on 11/19/2010 6:43:01 PM PST by org.whodat
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To: org.whodat

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.


5 posted on 11/19/2010 7:23:13 PM PST by CFIIIMEIATP737
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To: CFIIIMEIATP737
Congressional ear marks, such as the one spend on the hobby airports for the now former congressman Boucher district in Va 9th, were just that congressional ear marks. And the operating funds stolen from the traveling public to support the hobby airports are just that.

But it is noted you approve of redistribution, from the many to the few..

6 posted on 11/19/2010 7:31:44 PM PST by org.whodat
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To: org.whodat

Please tell me what a hobby airport is?


7 posted on 11/19/2010 7:37:34 PM PST by CFIIIMEIATP737
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To: CFIIIMEIATP737

There is a big Hobby Airport in Houston.


8 posted on 11/19/2010 7:47:55 PM PST by ThirdMate
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To: CFIIIMEIATP737
Southwest of I-45 between 610 and Sam Houston Parkway, (KHOU) around Houston TX. Go to .
Click on the map.
9 posted on 11/19/2010 7:49:47 PM PST by Yosemitest (It's simple, fight or die.)
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To: ThirdMate

I set myself up for that one. And considering I fly a Citation in there twice a month, I deserve the zing.


10 posted on 11/19/2010 7:52:23 PM PST by CFIIIMEIATP737
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To: The Magical Mischief Tour

I’ve heard that Mooney makes (made?) excellent airplanes. Can anyone confirm?


11 posted on 11/19/2010 9:03:34 PM PST by advance_copy (Stand for life or nothing at all)
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To: advance_copy

Well I’m naturally skeptical of anything that has its tail on backwards...


12 posted on 11/19/2010 9:17:04 PM PST by The Magical Mischief Tour
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To: CFIIIMEIATP737

Non commercial, tax payer supported!!!


13 posted on 11/20/2010 6:02:55 AM PST by org.whodat
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To: org.whodat

Could you please give an example of a specific airport that has no commercial activity and is supported by taxpayers?


14 posted on 11/20/2010 10:06:48 AM PST by CFIIIMEIATP737
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To: advance_copy

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.


15 posted on 11/20/2010 10:11:12 AM PST by CFIIIMEIATP737
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To: CFIIIMEIATP737

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.


16 posted on 11/20/2010 1:29:40 PM PST by org.whodat
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To: The Magical Mischief Tour

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.

17 posted on 11/20/2010 2:20:35 PM PST by Liberty Valance (Keep a simple manner for a happy life :o)
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To: org.whodat

“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?


18 posted on 11/20/2010 2:27:13 PM PST by CFIIIMEIATP737
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To: CFIIIMEIATP737

Otherwise known a the V-Tailed Dr Killer...


19 posted on 11/20/2010 2:27:20 PM PST by patton
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To: Liberty Valance

Mooney’s ‘Wee Scotsman’ from 1953 ...
http://www.mooneymite.com/articles-history/flightmag1953article.htm


20 posted on 11/20/2010 2:29:38 PM PST by Liberty Valance (Keep a simple manner for a happy life :o)
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To: patton

I believe the V tailed Dr. Killer is the Beech Bonanza V-35.
I share a hangar with one. And yes, it is owned by a doctor.


21 posted on 11/20/2010 2:30:30 PM PST by CFIIIMEIATP737
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To: CFIIIMEIATP737
ROFLOL, how many trucking companies are in the united states and how many drivers???

And they have paid enough taxes to more than build every damn inch of the interstate highway system.

A system that serves the entire nation and all of it's people not just a few thousand elitist.

Hobby air ports are a black hole to pour tax payers money down. Make them make a profit are sell them to some pig farmers, those runway would make a good foundation for many pig barns.

22 posted on 11/20/2010 2:32:56 PM PST by org.whodat
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To: CFIIIMEIATP737

"Honey" Mooney over Dents du Midi in the Swiss alps September 2001.

23 posted on 11/20/2010 2:36:34 PM PST by Liberty Valance (Keep a simple manner for a happy life :o)
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To: org.whodat

I ask you again, what is a hobby airport? Can you name one specific airport that you call a hobby airport? (Besides William Hobby Airport in Houston)


24 posted on 11/20/2010 2:38:41 PM PST by CFIIIMEIATP737
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To: CFIIIMEIATP737

You are correct - my bad.


25 posted on 11/20/2010 6:03:50 PM PST by patton
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To: CFIIIMEIATP737

whodat is just another loser that failed to get his pilot’s license becaue it scared the snot out of him and now he is anti general aviation. He thinks all pilots are “cocky arrogant bastards” and desires to see them suffer. He’s just a cowardly loser.


26 posted on 11/21/2010 9:08:40 AM PST by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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To: org.whodat

“And they have paid enough taxes to more than build every damn inch of the interstate highway system.”

No, they haven’t. You’re just a lying sack of sh*t and throw out emotional garbage because you hate pilots. Coward.


27 posted on 11/21/2010 9:10:29 AM PST by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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To: CodeToad
Ignorance is a terrible thing, back in the 80’s average tax per truck was about $7,000 per year. Haven't check in a long time. What I hate is welfare people thinking I should pay for their hobby.
28 posted on 11/21/2010 3:35:24 PM PST by org.whodat
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To: CodeToad

I was beginning to arrive at the conclusion. Thanks for the info.


29 posted on 11/21/2010 6:03:15 PM PST by CFIIIMEIATP737
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To: org.whodat

What I hate is a liar like you that says such things out of spite, hatred, and jealousy. Go learn to fly instead of being a pussy and wishing you had.


30 posted on 11/21/2010 7:14:45 PM PST by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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To: CodeToad
You sure display a lot of ignorance, go shake your tin cup somewhere else. I aways pay for my own hobbies.
31 posted on 11/21/2010 7:38:40 PM PST by org.whodat
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