Mooney

Aircraft manufacturer Mooney has announced that it is now under new management made up of “pilots and Mooney owners” led by CEO Jonny Pollack. The announcement follows a period of unrest for the company, which culminated in the unexpected shutdown of its Kerrville, Texas, factory for two weeks beginning in November 2019. Kerrville employees were […]

If Mooney was struggling to sell airplanes before its abrupt shutdown last week, it may need more luck and faith than exists in the known universe to find any buyers going forward. It baffles me why companies that get into money trouble decide the smartest thing to do is turn out the lights and stop […]