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

Kateřina Urbanová 13.11.2019 1 minute read

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.