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Despite recent turmoil that has accompanied the loss of their CEO, Mooney International is touting the first flight of a production M20V Acclaim Ultra. The first production M20V lifted off to begin its pre-delivery flight test program late last week, allowing Mooney's flight test team to put the new airplane through its initial paces for just over an hour and a half. Both the new Acclaim and Ovation Ultras received FAA certification last month - and the factory is now beginning to ramp-up to first deliveries of the new aircraft scheduled to begin in June. Acclaim Ultras will be first of the series to be delivered, followed later by new M20U Ovation Ultras. The need for precisi