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

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 09.14.17

Airborne 09.18.17

Airborne 09.19.17

Airborne 09.13.17

Airborne 09.14.17

Airborne 09.15.17

Airborne-Unmanned 09.19.17

Airborne-YouTube

AMA 09.14.17

Airborne 09.18.17

Airborne 09.19.17

Airborne 09.13.17

Airborne 09.14.17

Airborne 09.15.17

Airborne-Unmanned 09.19.17

NEW!!! 2017 AirVenture Innovation Preview -- YouTube Presentation / Vimeo Presentation

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

RFP: ANN Seeking New Site/Facility For Major Studio Upgrade

It's Official: Aggressive Upgrades For New Airborne Programs WILL Require New Digs It's been in development for years, but we're getting to a point where we think we can pull off s>[...]

Airborne 09.15.17: More ATC Privatization Oppo, ICAO Drone Registry?, KSMO

Also: Pipistrel Charging, GA/Drones To The Rescue, Gordon Bennett, SpiceJet, United, USAF v Irma, CL-415 Six former team commanders of the USAF Thunderbirds and US Navy Blue Angels>[...]

AMA Drone Report 09.14.17: MultiGP Nat’l Championship, GDU O2, ICAO Registration

Also: AMA Monitoring Volunteer Drones, Aerix DaVinci, FAA ReAuthorization, TobyRich, ADR Test Pilots The 2017 MultiGP National Drone Racing Championship are being held now through >[...]

Aero-News: Quote of the Day (09.18.17)

“Following the award of the contract to purchase two commercial 747-8 aircraft, this contract award is the next major step forward toward ensuring an overall affordable progr>[...]

Airborne-Unmanned 09.12.17: AUVSI Initiatives, UAS v Hurricanes, Collapsible GDU

Also: Hydrogen-Powered Jupiter-H2 UAS, Red Cross, PrecisionHawk, Drone Privacy, Inview Drone Inspection AUVSI announced at a meeting of its Remote Pilots Council several initiative>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC