Hard times for Mooney

[Parker_Woodruff]

It ain't just liability.

It's the fact that whoever you work for matches your 7.34% FICA contribution.  They also pay state unemployment, workman's comp, and have crazy compliance laws.

Guess what?  If you're self employed, you pay FICA TWICE.

I'm convinced that politicians feel they can create a nation immune to bad things happening if they can write enough laws.

[scottfromiowa]

Yes, understand/agree...and why my comments on government and "maker's of laws=politicians/lawyers" was in the equation.

[Parker_Woodruff]

Quote: scottfromiowa

Yes, understand/agree...and why my comments on government and "maker's of laws=politicians/lawyers" was in the equation.

[jezzie]

[jax88]

Politics have become too lucrative to be honest.

[Piloto]

Unlike other markets GA is a very limited one. Take the market of baby diapers as an example of a non limited market. There is a new customer born every day and it is a sure thing the customer will buy more than one for several years. Or the market of funeral caskets. There is a new customer every day. No need for liability or new product development. If a customer complains it is a true miracle. But things may not be going that well for funeral homes. I got a call today from RIP funeral home offering free cremation for this week only, but you have to rent their casket ($1500). Now why a casket rental for two days has to be more than a 2/2 apartment. That's why I declined the offer.

José 

[Mooney_Allegro]

I visited Mooney today Nov 23, since my Mooney is there for an annual inspection till December 10th.  Apparently December 18th is the shutdown date for the service center, and they can't finish some of the planes that are there now, so they will have to be sent someplace else.  They can't even complete some of the items on my descrepancy list due to the timing of the shutdown.  Bill Wheat has already already been laid off.  Brian Kendrick will be gone on the 10th, as well is Paul Kehner and others.  I was told that Stacy Ellis will stay.   They won't be making parts, so once their inventory is gone, that's it, no more parts from Mooney.   So sad. 

[DaV8or]

Time for Mooney enthusiasts and owners to pool their money and buy Mooney. Otherwise it's going to be all about parts planes.

[flight2000]

IF (and that's a big IF), Mooney does cease to exist, I believe other manufacturers will jump at the chance to get the certification required to produce PMA parts.  Piper/Commander/Grumman/et all owners haven't had an issue for the most part getting what they need for their no longer produced aircraft. 

I don't think my pennies will stretch that far.

Brian

[fantom]

Thanks for the on-site, first hand report, David.

Not good news at all, and while very disappointing it's not surprising.

[Lood]

Now, mark my words and see used Mooneys pop up for sale all over the place. I'm sure there's a few bargains coming up so be ready. If Comaches are still flying along very happily today, we've still got way to go on the Mooneys.

[74657]

There already are a ton of Mooneys for sale all over the place.......  I don't think people are going to sell their planes because the manufacturer went out of business.  If that is the reason an owner sells his/her plane they probably shouldn't be flying in the first place and DEFINATELY not flying a Mooney.