Upgraded: Gretchen Jahn | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 08.03.15

Airborne 07.21.15

Airborne 07.22.15

Airborne 07.23.15

Airborne 07.24.15

Airborne Hi-Def On YouTube

Airborne 08.03.15

Airborne 07.21.15

Airborne 07.22.15

Airborne 07.23.15

Airborne 07.24.15

EAA/ANN AirVenture Innovation Preview

AIP-#1 Vimeo

AIP-#2 Vimeo

AIP-Part 1 YouTube

AIP-Part 2 YouTube

Wed, Aug 03, 2005

Upgraded: Gretchen Jahn

Mooney Aerospace Group Names Her President

Mooney Aerospace Group said Tuesday that Gretchen C. Jahn, CEO of Mooney Airplane Company, a wholly-owned subsidiary, was elected President of the parent company July 21st. She will now perform CEO duties for both companies. She has joined both companies' boards of directors. Barry Hodkin, Mooney Airplane Company's CFO, has assumed the CFO and secretary titles and duties at the parent company as well. These appointments follow the resignation of J. Nelson Happy, who had been serving as vice chairman, president, CFO, and secretary of Mooney Aerospace during the firm's reorganization.

"We congratulate Gretchen on taking over the chief executive role at the parent company in addition to the operating company. We know she will bring to the parent company the same leadership, expertise and enthusiasm that have helped Mooney Airplane Company return to a position of prominence among general aviation manufacturers," said Sol Mayer, a director of the Mooney Aerospace Group. "We also appreciate Nelson Happy's contribution to Mooney's reorganization and wish him well in his future endeavors."

"2005 is turning out to be an excellent year for Mooney under Gretchen's leadership," said Mayer. "We expect to deliver more than twice as many airplanes as last year, and surpassed the 2004 total already in June. Orders are more than 10 percent ahead of last year's pace."

Mooney defines an order taken when a contract is signed between the company and the customer, and the company receives a deposit. A delivery is recorded as a sale on the company's income statement when the balance of the purchase price is paid in full and the airplane is delivered to the customer.

"With a backlog of more than 40 orders, Gretchen's team is ramping up production to keep pace," Mayer added. "As a result, our year over year margins are improving and we expect to become profitable on a quarterly basis sometime during 2006."

"In addition to Gretchen's experience in business management, which gives her the expertise to continue to turn around our company, she understands the needs of our customers," said Mayer. "She herself owns a Mooney Ovation2 GX and has been an avid pilot for more than 20 years."

FMI: www.mooney.com

Advertisement

More News

Airborne 08.03.15: MH370 Evidence Mounts, NIMBYs Must Pay, R66 Police Helicopter

Also: 'New' Wright 'B' Flyer, HD Footage From Space, AMA Museum, NAAA UAV Safety, Waukegan Cancels, Sun Country Pilots, NASA Mars Orbiter The aircraft debris found on the coast of >[...]

Airborne 08.03.15: MH370 Evidence Mounts, NIMBYs Must Pay, R66 Police Helicopter

Also: 'New' Wright 'B' Flyer, HD Footage From Space, AMA Museum, NAAA UAV Safety, Waukegan Cancels, Sun Country Pilots, NASA Mars Orbiter The aircraft debris found on the coast of >[...]

A Whole Lot of OSH15 Awesome! 2015 EAA/ANN AirVenture Innovation Preview!

Get The Inside Details On THE Most Exciting NEW OSH15 Innovations And Product Announcements... in High-Def Aero-TV Video The staff of the Experimental Aircraft Association and the >[...]

Annual Oshkosh 2015 'Best/Worst Of' Award Selection Invites YOUR Participation!

YOU Can Contribute To The Annual List Compiled By The Staff and Readership of the ANN and Aero-TV! E-I-C Note: We're going to start naming names and dropping details in just a few >[...]

ANN's Daily Aero-Linx (08.04.15)

SATOP - Space Alliance Technology Outreach Program The Space Alliance Technology Outreach Program (SATOP) is a cooperative program between the states of Florida, New Mexico, New Yo>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC