"These are temporary adjustments and they only affect
our manufacturing operations. So our (other operations) will
continue to operate normally and be staffed at the normal level.
There will not be any change to existing or potential customers and
we will deliver airplanes as scheduled."
Source: Dave Franson, spokesman for Mooney
Aircraft Company. The Kerrville, TX-based planemaker announced
Wednesday it has halted production in order to clear out existing
inventory, and will lay off 229 workers immediately... the latest
victim of the slumping economy.