On November 12, 2019, the Mooney Aircraft factory in Kerrville, Texas, was reportedly closed. The company’s general voicemail states that all company employees have been furloughed at this time, but no additional information is provided. At publication time, the Mooney website was still active and did not include a notice of the facilities closing or the furlough.
The company’s closure is likely the result of declining sales as reports from GAMA indicate only four aircraft were delivered in the first half of 2019 down from 14 in 2018. It’s unclear whether Mooney has filed for bankruptcy or whether the company will reopen in the future.