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Old 13th Nov 2009, 12:53
  #122 (permalink)  
execExpress
 
Join Date: Oct 2007
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"when some Arab oil man wakes up and say's he had enough of it, it's over at Cirrus"

The Mooney Airplane Company (MAC) is a U.S. manufacturer of single-engined general aviation aircraft. Mooney has been a leader in civil aviation even though the company has gone bankrupt and changed ownership several times.

So, even if worst comes to the worst and Cirrus pays the ultimate price for not delivering the product that the mooniac values above all others, I doubt its "all over" - not with a delivered fleet of 5000 aircraft in the last ten years.

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2008 Production Halt

On Monday 16 June 2008 Mooney announced that it would lay off 60 employees and cut production from eight aircraft per month to five. Mooney CEO Dennis Ferguson said:[2]
“ These decisions will not have an adverse effect on the quality or safety of our products, nor will they delay scheduled aircraft deliveries. They were made to create corporate resiliency in the present economic conditions. Our plans include positioning Mooney as a strong contender in the international market...We are strengthening our business in Europe, South America and Australia, where Mooney's high performance, efficiency and pricing are especially appealing. Our focus is to ensure the long-term viability of the company through prudent management and expansion of our market reach.[2] ” The reasons for the cutbacks and layoffs cited by the company include the weak US economy and the high price of fuel inhibiting sales.[2]
On 5 November 2008 the company announced that it was halting all production and had laid off 229 of its 320 employees, due to an excess unsold inventory of aircraft as a result of the economic crisis. Virtually all the laid-off employees were on the production line. The company said all other operations would continue and that all customer support and existing customer orders would be filled.[3]
In carrying out the lay-offs the company did not comply with the notification requirements of Texas law. In a statement Mooney said:
“ These unexpected and unforeseeable conditions are beyond Mooney Airplane Company's control. It was impossible for Mooney Airplane Company to predict this sudden collapse in demand at the time when notice would have been required. [3] ” In a third round of lay-offs in December 2008 the company let go an additional 40 workers leaving only about 50 employees at work. The company had 25 unsold aircraft at its factory in December 2008.[4]



Yep, if I loved all things Mooney I would be real sore.

And we hear you loud and clear; you don't like Cirrus build quality, and and and, and now Alan K, and now Cirrus Jet, and ...

Why not give yourself a break? Time to moo-ve on. Enjoy your choice, let other people enjoys theirs - they are all flyers and flying ,sharing the sky, be happy for them whatever they are flying.

If seeing a Cirrus on the ramp spoils your day, well sorry about that. Let go of the banana, or maybe just sit back and wait for your 'told you so' opportunities.
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