Paul Thomas

The scary part of these projects is what else you may find when you open things up but I'd imagine it would be very hard to sell as is. I am sorry you are going through this. So sad; I could understand wanting to charge for their services but not even wanting to get involved... I'm surprised Mooney doesn't have a relationship with DER for cases like these.

The white part that looks like it's crumbling. The FAA publishes a document that shows what form of corrosion there are and how to treat them. https://www.faa.gov/documentLibrary/media/Advisory_Circular/AC_43-4B.pdf

Most experimental have "normal' tail numbers. NX is allowed once the design is over a certain age (30 years?); when an airplane uses NX, the word experimental can be removed IIRC.

Laser has not been great to cut metal for aviation use; see Van's Aircraft fiasco.

At that price, I may have to start making them! Wow. I've cut similar aluminum pieces with my fly-cutter but one could get a router/jig set up and crank them out.

I've used baking soda in the past to blast surface rust off.

Five rivets tails look funny in the first photo. The 3 in the middle of the bracket and the first outboard on each side of the bracket. It appears that they are -4 but the tail looks to have a lower perimeter than center.

How is the tear down going? Any updates?

The M20U/V has two doors and aren't those in your budget? The sweet spot for me in the SR22 line is a 2006 with a new chute and AC. Updating that generation avionics is easier than others. I'd add a Bonanza to the shopping list if I were you. Edited as I had the wrong Mooney model (M20M instead of U/V)

Even with that, you a clear plan is needed. What is the new ownership structure going to look like, how is the board going to be structured, what are the intentions for the new company, how is the day to day going to be run, etc.

Some C have changed hands over 100k; in another thread about E valuation, someone mentioned they bought their C at 155k but it has all the goodies. I don't see full glass, GCF 500, GTN, etc, changing hands at less than 100k.

The Cirrus nose gear is similar to the RV nose gear and many have flipped over; those nose gears have been known to dig in. I'd avoid operations on rough terrain... the Cirrus nose gear has a lot of weight on it. The SR22 is typically landed fairly flat, and when I was learning power off 180 in it, they really didn't want me to flare which made me super uncomfortable. In the real world, I'd still give it a good flare to get a slower landing and protect the nose wheel but I could see it either shearing off or worse.

The ad says he got full price from the first person that came.

Part division... so the joint entity will not own the type certificate? If I understand things correctly, you will own the part division, not Mooney as a whole, and manage the plant in Kerrville. What is left of Mooney except for ownership of the TC and potentially engineering support? I'd imagine to get a kickback from part manufacturing even though you own that division since you need their intellectual property to manufacture the parts. Will Mooney have any employees on a day to day basis?

Here is an E that sold for 115k https://www.trade-a-plane.com/search?category_level1=Single+Engine+Piston&make=MOONEY&model=M20E+SUPER+21&listing_id=2447658&s-type=aircraft

Mine looks like some type of putty. It should be a dry area so any seal should do, the lighter the better. I'd think there as to be a cleaner solution than what I have.

What do you seal that with?

Own all of Mooney or part of Mooney? It's hard to understand how the membership program will work. It seems if you're AOG, you could just pay the membership to jump ahead of the line of the non-members and cancel. You may as well call it a rush fee.

The cost of saving the company likely outweighs the decrease in value of the fleet. Let's say we can waive a magic wand and everyone in the fleet invest the appropriate amount of money in LASAR to "save the fleet", I'd still think it's a bad investment. We'd be better off waiting like sharks for the bankruptcy and taking the company then. I haven't seen anything from LASAR to lead me to believe they can competently accomplish what I'll call a merger. The current LASAR is not the old LASAR that many depended on and loved. A better plan would have been for Mooney to start factory annuals, paint jobs, etc. Get the business going and providing for itself; the facilities are there and sit unused. How hard would it have been to partner with a painter and make it a win/win? There were plenty of low cost solution to enhance and help the business instead of continuing to dig a financial hole.

I saw a video that mentioned subscription from the September Tampa event. This is last minute thought for MooneyMax.

I guess I'll do the right thing and become a gold member; I'll just give up my hangar to make up the cost difference I wonder how many people will sign up... this will make me less likely to purchase anything from LASAR when I don't have to, not that they've replied to my emails when I've tried to order. Sigh. Maybe they could have done basic professionalism for $100 a month.

I took mine to a local upholstery shop. I left the foam alone because I had no issue with comfort. $3,000 for all seats in leather with burn certificates; he's used to doing airplane stuff because the local shops send work to him.

My CFI has a fancy monitor and used it a couple times in my airplane. It's always read zero and being in FL, even with door open.

Were the tanks resealed or patched? If its a full reseal, who did the job? A fuel reseal should not have any particulate left over and the sealant should not be coming loose. On a patch job, risk increases depending on how it was done. Either way, I wouldn't think it would result in an immediate shut down but a gradual loss of power as some fuel should still be pushing through the system.

I saw a video from Tampa's money event where Lasar mentioned subscriptions but didn't offer any details. What do we know about their subscription model?