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October 20, 2021

Mooney On The Block... Again: Classic Aircraft Factory Up for Grabs

After a Year of Ownership, Last September’s Buyers Appear To Tap Out

An interesting rumor has made its way through the inboxes of aviation enthusiasts this week. A business for sale, labeled “Legendary Aircraft Manufacturer”, with an asking price of $15 million, accompanied by a short video of the Mooney factory. The unusual listing includes the owners’ 2020 overview and strategy document, now nearly a year out of date. The price may seem somewhat small in an industry that regularly headlines hundreds of millions of dollars in transactions, but some fans of the troubled marque worry that there isn’t much meat left on the bones. In the investor document, presented now as a “for sale” brochure, presents a so

FAA/NTSB Begins Investigation Into Loss of N820ND

The University of North Dakota has released the identity of the student lost in October 19th’s fatal accident, a 19-year-old commercial aviation major from Chicago. John Hauser was found dead at the scene by the North Dakota Highway Patrol at 20:30, with no other casualties found. Details are sparse at the moment, but given the time frame, many have assumed he was logging necessary night flight time for an upcoming pilot certification. The 2018 Piper Archer, N820ND, is assumed to be the only aircraft involved. The aircraft came to rest in a field southeast of Buxton, 28 miles south of Grand Forks, ND.