MOONEY, ONE OF THE MOST TRADITIONAL US COMPANIES, SHUTS DOWN

The US press reports that Mooney Aircraft, based in Kerrville, Texas, founded 1929, has shut down after having dismissed all of its employees. This is not a surprise if we take into account the number of aeroplanes sold in recent years, with 7 planes sold in 2016 and 2017, and 14 in 2018 and just 4 aircraft sold in the first half of 2019 compared to 203 by rival Cirrus.

Among Mooney’s achievements were the first pressurized single-engined, piston-powered aircraft, the M22 Mustang; production of the fastest civilian single-engine piston-powered aircraft in the world, the M20TN Acclaim Type S; the first production aircraft to achieve 201 mph (323 km/h) on 200 hp (150 kW), the M20J 201; and the fastest transcontinental flight in a single-engine piston-powered production aircraft, the M20K 231.

To be updated: No one can reach Mooney Aircraft by phone now, we will follow up this story.

NO PUBLIC COMMENT FROM COMPANY SO FAR

Photo credit: Mooney International Corporation

Source: US Press/various, Wikipedia

Company products:

Mooney M20, over 11,000 built. First flight 1953. Production began in 1955.

Former products:

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