No more mooney?

It’s a sad day for anyone who loves GA. Mooney has been having trouble for sometime now, but as of a few days ago has shutdown and furloughed all of its employees.

According to the article the Texas based Mooney aircraft company had scaled back its workforce to just 50 before the shutdown and in the first half of 2019 had only sold 4 of their flagship aircraft, the Acclaim Ultra (valued at $850,000 each) way short of their projected sales.