Mooney Co ownership

[manu damaschin]

 

Sorry if discussed lately? What is the actual Mooney Co ownership structure? Still for sale (also partially)?

BR

[Schllc]

Not exactly sure what you are referencing, but it it about the co ownership plan that Mooney was trying to stimulate I don’t think that ever went anywhere. 

[manu damaschin]

I know about this plan. But who are the actual owners of the Mooney company now? I am based in Europe and I am not very updated with the news...

[ZuluZulu]

22 hours ago, manu damaschin said:

I know about this plan. But who are the actual owners of the Mooney company now? I am based in Europe and I am not very updated with the news...

As far as anyone knows, the ownership is the same as in this article, but since then updates have been few and far between. 

https://www.aopa.org/news-and-media/all-news/2020/september/03/pilots-aircraft-owners-buy-mooney-international

[WilliamR]

@manu damaschinif you are a serious investor/purchaser, I would recommend calling Johnny Pollack through the company's phone number in the US at 800-456-3033. There may be a business broker who has a 1st stage deck to share. Johnny can get you in touch with who that is. 

To answer your question, the structure is very likely a C Corp. 

Hope that helps. I'm sure the company would appreciate any capital infusion it can get.

William

[manu damaschin]

Thanks you for answers!