BNET Industries
Last Fiscal Year Sales:$17.5M
- Private
- US
Dow Jones Description
Mooney Airplane Co. is a wholly-owned subsidiary of Mooney Aerospace Group Ltd., a general aviation holding company. It currently sells three models of the M20 airplane: the Acclaim Type S, the Ovation3 and the Ovation2 GX. Since its inception in 1946, the Kerrville-based company has manufactured and delivered more than 11,700 aircraft worldwide.
Chief Executive Officer
Robert GowensNumber of Employees 374
Peer Companies
NAICS Code Aircraft Manufacturing: 336411
News & Analysis
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mooney airplane company inc. - All News and Analysis
Rolls-Royce Explores Future RR500 Turboprop Applications with Mooney Airplane Company
OSHKOSH, Wis. -- Rolls-Royce announced today that it has signed a Memorandum of Understanding with Mooney Airplane Company to discuss future RR500 TP-powered aircraft applications. The announcement came two days after the company officially launched the RR500 TP at EAA AirVenture 2008. The RR500 TP engine is the fifth...
Ovation3: Reaching For 200
MOONEY'S NEW OVATION3 PUSHES THE CRUISE-SPEED BATTLE CLOSER TO 200 KNOTS-WITHOUT A TURBOCHARGER On the face of it, retractable gear seems almost an ideal solution to the problem of making an airplane fly faster. The whole idea is to reduce drag and increase cruise; cleaning up the underwing...
Mooney Airplane Company Announces Management Change
KERRVILLE, Texas -- Mooney Aerospace Group, Ltd. (OTCBB:MNYG) today announced that Gretchen L. Jahn has resigned as CEO of Mooney Airplane Company, Inc. and president of the parent company, Mooney Aerospace Group, Ltd., to pursue other opportunities. Ms. Jahn's resignation, which will be effective October 1st, 2006, was accepted by...
Company Profile for Mooney Airplane Company, Inc
Mooney Airplane Company, located in Kerrville, Texas, is a wholly owned subsidiary of Mooney Aerospace Group, Ltd., a general aviation holding company that is publicly traded under symbol (OTCBB:MNYG). Mooney Airplane Company currently sells five models of the M20, the highest performing, four-place single-engine piston-powered aircraft, now available with the...
Mooney Aerospace Group, Ltd. Plan of Reorganization Approved by Bankruptcy Court; New Trading Symbol Assigned; Mooney Airplane Company Stock to Be Reacquired
KERRVILLE, Texas -- Mooney Aerospace Group, Ltd.'s (OTCBB:MASGQ.OB) Plan of Reorganization was approved by the U.S. Bankruptcy Court for the District of Delaware today. A court order has been submitted to the judge for signature. As of tomorrow, December 15, 2004 the company will have a new trading symbol, MNYG.OB....
Mooney Aerospace Group Ltd. Sells All Stock of Mooney Airplane Company to Allen Holding Finance Ltd
Business Editors KERRVILLE, Texas--BUSINESS WIRE--June 1, 2004 Mooney Aerospace Group Ltd. (OTCBB:MASG), announced today that it has sold all of the stock of Mooney Airplane Company, formerly its wholly owned subsidiary, to Allen Holding Finance Ltd. ("Allen") a private investment company. As part of the transaction in consideration...
Mooney Airplane Company Stock Sale Strengthens Airplane Manufacturer, Provides $4 Million Working Capital
Business Editors KERRVILLE, Texas--BUSINESS WIRE--June 1, 2004 The sale of Mooney Airplane Company's stock to Allen Holding Finance Ltd., which was announced today by its former parent, Mooney Aerospace Group Ltd. (OCTBB:MASG), will greatly strengthen the 51-year-old airplane manufacturing business, according to Barry Hodkin, Mooney Airplane Company's Chief...
David J. Copeland Named Vice President for Mooney Airplane Company
Business Editors KERRVILLE, Texas--BUSINESS WIRE--May 25, 2004 Mooney Airplane Company, wholly-owned subsidiary of Mooney Aerospace Group Ltd. (OTCBB:MASG) announced today that David J. Copeland has been named the Vice President of Sales and Marketing for Mooney Airplane Company. According to J. Nelson Happy, Mooney's President, "We are pleased...
Mooney Board of Directors Approves New Three-Year Business Plan
Business Editors/Transportation Writers KERRVILLE, Texas--BUSINESS WIRE--May 13, 2004 The board of directors of Mooney Airplane Company, a wholly owned subsidiary of Mooney Aerospace Group Ltd. (OTCBB:MASG) recently announced its approval of a new three-year business plan. The plan outlines the steps necessary to not only increase sales, but...
Mooney Airplane Company Sells First New Production Airplane; First New Owner Announced at EAA's AirVenture 2002
Business Editors LONG BEACH, Calif.--BUSINESS WIRE--July 25, 2002 Mooney Aerospace Group, Ltd. (OTCBB: MASG) announced today that the first new production airplane from its wholly owned subsidiary, Mooney Airplane Company, has been sold. "All of the employees and managers of the Mooney organization are particularly pleased with...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Robert Gowens | Chief Executive Officer |
| J. Nelson Happy | President |
| Barry Hodkin | Chief Financial Officer |
| Al Nitchman | Vice President of Customer Support |
| Floyd Washburn | Vice President of Programs and New Business |
| Kevin Herlehy | Vice President, Engineering |
| Thomas H. Gray | Managing Director |
| Bill Eldred | Director, Engineering |
| Hank Engel | Senior Director, HR |
| Mark Mack | Senior Director, Matl Management |
| Robert Collier | Director, Operations |
| Roger Munt | Director, Marketing |
| William Wenzel | Director of Technical, Parts Support |
| Cyndi Roth | Manager, Marketing & Communications |
| Larry Hunter | Senior Manager, MIS |
| Michael Jenschi | Senior Manager, Maint Facilities |
| Richard Lueckenotte | Controller |
| Elva Garza | HR |
| Organization | Position | Status |
|---|---|---|
| Mooney Airplane Company, Inc. | Chief Executive Officer | Current |
| Mooney Aerospace Group, Ltd. | Chief Executive Officer, Mooney Airplane | Current |
| Organization | Position | Status |
|---|---|---|
| Mooney Airplane Company, Inc. | President | Current |
| Mooney Aerospace Group, Ltd. | Board of Directors | Current |
| Mooney Aerospace Group, Ltd. | Vice Chairman, President, CFO & Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Mooney Aerospace Group, Ltd. | CFO | Current |
| Mooney Airplane Company, Inc. | Chief Financial Officer | Current |
| Mooney Aerospace Group, Ltd. | Treasurer & Secretary | Former |
| Case, LLC | Former |
More than 20 years' experience in managing service and support operations provides the foundation for Alan Nitchman's expertise in fostering and maintaining strong customer loyalty. He most recently spent the past seven years as executive vice president and chief operating officer at Elliott Aviation in Moline, Ill. Nitchman served as a naval aviator in the United States Marine Corps, attaining the rank of captain. This veteran aviation enthusiast is a commercial and instrument-rated pilot with airplane single-engine land (ASEL) and helicopter ratings. A graduate of Slippery Rock (Penn.) University, Nitchman also earned an executive MBA from the University of Colorado in Denver. Today at Mooney, all delivery support, product, parts and service support areas report to Nitchman. The goal: move Mooney into the industry's number one position for customer support. And Nitchman has the expertise and leadership skills to do it.
| Organization | Position | Status |
|---|---|---|
| Mooney Airplane Company, Inc. | Vice President of Customer Support | Current |
| Martin Aviation Group | Vice President of Customer Support | Current |
| Elliott Aviation, Inc. | Chief Operating Officer | Former |
| Elliott Aviation, Inc. | Executive Vice President | Former |
| University of Colorado | Mba | Former |
Floyd Washburn joined Mooney Airplane Company as Vice President of Programs and New Business in March of 2007. He is a 1969 graduate of what was then known as Southwest Missouri State University (now Missouri State) with a Bachelor of Science degree in Applied Mathematics and a minor in Industrial Engineering. He received a dual master's degree from the University of Texas at Dallas in 1979 one in mathematics with an emphasis in statistics and another in Management and Administrative Science with an emphasis in finance. After beginning his career as a planning and control manager at Texas Instruments in 1972, Mr. Washburn moved into the aerospace industry as a product line manager for Tracor Aerospace in 1983. In 1988 he joined Gulfstream Aerospace as Manager of Program Management Services and subsequently progressed into program management roles for Cargo Door Modifications, Medevac Aircraft development, and Maritime Search and Rescue programs. He was instrumental in the development, direction and negotiation of numerous US government, domestic and foreign contracts while at Gulfstream. A licensed, instrument-rated pilot, he is also a Mooney owner.
| Organization | Position | Status |
|---|---|---|
| Mooney Airplane Company, Inc. | Vice President of Programs and New Business | Current |
| Gulfstream Aerospace Corporation | Former |
| Organization | Position | Status |
|---|---|---|
| Mooney Airplane Company, Inc. | Vice President, Engineering | Current |
| Midcoast Aviation, Inc. | Director | Current |
| Mooney Aerospace Group, Ltd. | Vice President, Production & Engineering | Former |
| RTS Capital Services Inc. | Former | |
| Midcoast Aviation, Inc. | Director | Former |
| University of California, Los Angeles | bachelor of science in chemistry and material science | Former |
Tom Gray is the founder and leader of the Telecom Expert Group. Formerly a Vice President with Ameritech, Belgacom, and FLAG Telecom, he has 36 years experience in US and international telecom general management, strategy, organization, due diligence, mergers and acquisitions, marketing, product development, customer service and operations. His international experience was gained in China, Dubai, Bulgaria, Belgium, Austria, England, and Canada. His experience with small business operations was earned as Chairman and CEO of iTravelPartners, a Florida-based golf travel firm, and Managing Directory of Mooney Airplane Company. He was selected by Ameritech to be the team leader for its international acquisitions, including operations-focused due diligence, leadership of the deal team, and responsibility for the financial success of selected acquisitions.
| Organization | Position | Status |
|---|---|---|
| Telecom Expert Group | President | Current |
| Mooney Airplane Company, Inc. | Managing Director | Current |
| Warwick Valley Telephone Co. | Board of Directors | Current |
| Warwick Valley Telephone Co. | Interim CEO | Former |
| Ameri Tech | Vice President | Former |
| FLAG Telecom Limited | Vice President | Former |
| Telecom Expert Group | Founder | Current |
| Telecom Expert Group | Leader | Current |
| Organization | Position | Status |
|---|---|---|
| Mooney Airplane Company, Inc. | Director, Engineering | Current |
| Organization | Position | Status |
|---|---|---|
| Mooney Airplane Company, Inc. | Senior Director, HR | Current |
| Organization | Position | Status |
|---|---|---|
| Mooney Airplane Company, Inc. | Senior Director, Matl Management | Current |
| Organization | Position | Status |
|---|---|---|
| Mooney Airplane Company, Inc. | Director, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Mooney Airplane Company, Inc. | Director, Marketing | Current |
| Mooney Aerospace Group, Ltd. | Director, Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| Mooney Airplane Company, Inc. | Director of Technical, Parts Support | Current |
| Organization | Position | Status |
|---|---|---|
| Mooney Airplane Company, Inc. | Manager, Marketing & Communications | Current |
| Mooney Aerospace Group, Ltd. | Manager, Marketing & Communications | Former |
| Organization | Position | Status |
|---|---|---|
| Mooney Airplane Company, Inc. | Senior Manager, MIS | Current |
| Organization | Position | Status |
|---|---|---|
| Mooney Airplane Company, Inc. | Senior Manager, Maint Facilities | Current |
| Organization | Position | Status |
|---|---|---|
| Mooney Airplane Company, Inc. | Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Mooney Airplane Company, Inc. | HR | Current |
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