With New Funding, Mooney Sets Itself to Re-enter the Single Engine Market
It's true... at least that's what the presser says -- After a five-year hiatus from manufacturing single-engine airplanes Mooney has announced that it will restart manufacturing at the beginning of January 2014 at its headquarters in Kerrville, TX. New funding from Soaring America Corporation, a California based Company will provide necessary capital to re-launch and sustain the legendary brand. Details of the financial arrangements will remain confidential. The company will continue to manufacture the Acclaim Type S, and the Ovation series.