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About chinoguym20

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  1. It would be good if there is such a group with deep enough pockets to make Mooney great again. I hope they are from within the USA. Foreign ownership will not work in this economy Sooner the better. Whoever is paying the bills right now is getting a negative return on their “investment” and the longer the factory sits almost idle, the harder it will be to recover anything. In particular, the human assets. it would be great to see a newly manufactured J (which is my personal favorite), but any new M20 under new ownership would be slim to none (and slim is out of town!). Maybe the M10T with fixed gear? If they hired @blueontop to lead the engineering effort I think they would be wise.
  2. I hear (from my contact at KERV airport) it’s still open and there are a dozen or so employees there but only a handful who are capable of turning a wrench (the rest are overhead). They think there could be 2 new ultras delivered this year but after those, unlikely to be any more due to lack of sales and know how to build them.
  3. I’ve heard a few old timers talk about the races we used to have here at the airport. Looks like fun. I wonder if the MG’s mentioned in this article I found are still around and sitting in someone’s barn? Would be great to get hold of one.
  4. No, just putting 2+2 together based on “its busted.. Im guessing another bill hasnt been paid, unfortunately.”
  5. I hope the rumor isn’t confirmed (does anyone here know?), but has the factory finally closed for good? If so, what a shame for all the good people and such great aircraft. Maybe someone will buy the brand out of the remnants and stick it on a Light Sport or something.
  6. Back to the main subject. The factory did close down, but thankfully has reopened somewhat with just a handful of people. My understanding is they are under new ownership (Chinese are gone) and are trying to complete the last three Ultra’s that were left in production that have a chance of being completed without the skills of those that were let go. The big question is, what next? They can’t survive on maintenance and spare parts. Is there a plan? I think it’s out of the question to spend $ on design improvements as there is no market out there for a Mooney. Should they put a fork in it, or are there any ideas out there?
  7. All good ideas, but don’t you think the talented people at Mooney would have considered all these potential weight saving ideas to increase useful load by now? I’m sure they have and decided that there’s just no returns on investment. How about thinking about achieving the same goal by increasing landing gear strength and testing that? Surely doable and relatively easy to test and have the FAA certify?
  8. I think $50/hr fully burdened is probably close when you add up all the overhead Involved with Chino and Kerrville. To @blueontop 2nd point, Jerry was the most engaged CEO and letting him go was a big mistake. He was followed by the other guy who lasted only months before being booted and they never replaced him. They temporarily installed an investor guy who had no experience. I’m not sure who is CEO now. Nor who is paying to keep it open. Anyone know?
  9. All good points regarding the poor attitude of the Mooney marketing. However, what’s the point of marketing an old design, manufactured using old processes that costs more to manufacture than you can sell it for and still make a profit to keep the lights on? The factory closed due to that, not marketing.
  10. @pinkiedog64 you hit the nail on the head and I agree with you. @MooneyMitch I also agree with you to a certain extent regarding the younger talent at the companies you mention. However, those companies (like Cirrus I guess) manufacture using more modern and well tooled processes. At Mooney, alot is dependent on the hourly worker who needs to have the more traditional and old school skills where you measure twice and cut/drill once. Lastly, I don’t think Marketing is to blame for the repeated failures of Mooney, it’s simply that the M20 can not be manufactured for a cost low enough to allow for dealer commissions and a reasonable profit margin. You would have to sell it for $900K + to cover costs.
  11. I’m not sure the inability to manufacture at a reasonable labor cost, coupled with materials cost and overhead allows it to be sold (through a dealer who probably takes 10-20%) for a reasonable profit Is age related. In fact, I think they could do more with the right senior people, than some of the younger people in this day and age. It’s more to do with the fact it is an old design, manufactured using traditional methods (maybe with the exception of some CNC machining where manual used to be used) and reliant on the skills and experience of reliable hourly workers. I’m told the workforce remaining is just a few hourly and over a dozen overhead. Like everyone, I’m hoping to see a survival plan for Mooney, but don’t see it involving the M20 as we know and love it. Maybe the M10 could make it (@blueontop?) or some other aircraft by acquisition?
  12. Ref the guy who went to OSH to buy a new Mooney. What if the Chinese plan was NOT to sell many Mooneys in the USA but only keep the name alive while they made plans to manufacture in China (where labor is cheap)? I suspect Mooney has not made money for years (evident by each failure and change of ownership). Anyone know how much labor materials and overhead costs were in a new Mooney? I bet they took a 6 figure loss on each sale so the more sold = the more in the hole they were.
  13. All good information. I had heard that the manufacturing process at Kerrville was highly dependent on people skills and knowledge v tooling and low skilled workers. Is/was that the case @blueontop? Are any of those skills still there since the cuts?
  14. This is great news and sounds like Mooney is coming back to life. I wonder if they will bring the M10 (Chino) back to life? That was carbon. I hear it is now based in Kerrville, but not sure if it’s still flying.
  15. Good news! A friend of mine at the KERV airport called tonight to report Mooney had launched 33-0019 (an acclaim?). He said this was one of the aircraft which was almost complete when the factory closed. He said there are about a dozen people in the facility, but not sure what the plan is. Let’s hope there is a buyer in town and Mooney can make it.