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Rwsavory

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Rwsavory
Posted Today, 12:28 PM at Mooneyspace.com:


Hello Mooney Followers,
It is time for all of you to take a deep breath and listen to what I have to say about Mooney International, now that I am allowed to speak.
We have been working for months with Dr. Jerry Chen, President of Soaring America on a deal to provide funding to restart production of Mooney aircraft in Kerrville, TX. This last Friday, all of the necessary hurdles being jumped, Mooney Aviation Company became Mooney International Corporation, with a funding injection by Soaring America. Soaring America is a U.S owned company, with its home office located in the Los Angeles, Ca area.
If you were to meet Jerry, you would find a very intelligent, likable guy. I mean this guy is a full Professor of Aeronautics at UCLA, and he saw the potential in resurrecting one of the most advanced aircraft designs in the world, and growing on that for future Aerospace products. When Jerry first approached us, one of the first visions he presented to us was to maintain a high quality aircraft brand, made in the USA by American workers, sold worldwide including up and coming Emerging markets worldwide. Restarting Production of the Ovation and the Acclaim Type S is an expensive proposition, and Soaring America has the kind if financial backing to get this place up and running again. You, as Mooney owners can expect a serious improvement*in parts flow and customer care in the coming months. An example would be the Elevator skins, which have not been available for years, are now shipping from the factory in Kerrville to needy customers everywhere. Why? Because Jerry spent $16,000 to replace the rubber press plate on our Large Hydro Press that had deteriorated beyond use several years ago. We are currently receiving bids to refurbish the factory, and are looking to hire upwards of 100 people in the coming year. This will allow us to start Production of new aircraft in early 2014, delivering later in the year.
Last week, an unfortunate, and inaccurate Press Release found its way onto some of the internet aviation websites. That subsequently lit up the chatlines with all manner of speculation and comment, including one commenter that was ready to sell his F Model because “he wasn’t going to put any Chinese Junk” on his airplane. Really??
Allow me to present some FACTS to you, that you may not be aware of:
*
- Mooney International Corporation is a U.S. Corporation. Want proof? Friday I transferred the Type Certificate 2A3 to Mooney International Corp. under the authority of FAA Order 8110.4C Paragraph 3-2(f)(2) which states: “Certificate*Transfer to a Domestic Holder. When a TC holder transfers a TC within the U.S., the FAA must reissue the TC immediately. The TC holder submits the original TC to the ACO after completing the transfer endorsement on the reverse side of the TC. This changes the TC holder, and the effective date is the date of the TC holder’s signature…
*
*- I personally do not care if another country makes “junk”, or not. I am Chief Engineer for Mooney International, and Mooney International makes aircraft and its parts, in Kerrville, Texas that conform to our Type Design. The people that are, and will be employed here are Americans that live in the Kerrville area. Always has been, always will be.
- Is the source of this financing originating in other countries? Probably. Let me remind you of another fact: Mooney, for more than the last decade, has been financed by (GASP!) European investors. So if the source of the financing that funds a U.S Company, building a U.S. product in the U.S built by U.S. workers bothers you, then maybe you should check out one of our competitors. Oh, wait! Most of them are owned by foreign companies! But not Mooney International. Oh, and by the way, Dr. Chen’s lineage is not Chinese, rather Taiwanese.
*
In closing, I hope I have been able to put these rumors to rest. If I were you, I would look for news releases that come from here. What is happening here in Kerrville is GREAT NEWS, and should be greeted as such.
*
Bill Eldred
Director of Engineering
Mooney International Corp.
 
I'll give you a big Hell Yes!
 
Can't find much on Soaring America Corp, except that is was founded in Alhambra CA in 2012 and is a privately held corporation.

Looks good for Mooney and for US!
Now can they produce at a competitive price?
 
So the rumors of Spanish and Chinese production aren't true?
 
So the rumors of Spanish and Chinese production aren't true?

Who knows? Mooney Aircraft Co... um I mean Mooney International has not been very transparent historically. Communication is not their strong point. I am not expecting much to change here, but hopefully they can enter a new era of communication with their customers and fan base. All we have is the above letter, basically addressed to some of us on MooneySpace.com that were suspicious of Chinese involvement from earlier reports.

Still nothing is known about Soaring America, it's backers, the structure of Mooney International, it's plans for the future, or the validity of the Mooney Worldwide Aviation website. Hopefully they will keep us up to date, but I'm not holding my breath.
 
Can't find much on Soaring America Corp, except that is was founded in Alhambra CA in 2012 and is a privately held corporation.

Looks good for Mooney and for US!
Now can they produce at a competitive price?

Competitive? What's the competition these days, $600k+ for either an SR22 or G-36? If you can't build a Mooney and be competitive at that price it's time to just give it up.
 
This is good news for Mooney owners and GA in the USA. Wish someone would buy the Comanche design and resurrect the Comanches. I still love them....but can't find one where I would be comfortable owning it knowing parts may (?) become difficult to find in the future.
 
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