Kind of sounds like this might be the end:
Two weeks before Thanksgiving, Kerrville, Texas-based Mooney Aircraft has reportedly shut down and released its entire staff.
Source: Mooney Shuts Down, Employees Furloughed – AVweb
Heh – a comment to the story pretty much says what needed to be said
I suggest that the unshaven, three day old bearded, sport coat, jeans, loafer, no socks, Rayban Aviator wearing stereotypical portrayal of the squint eyed, slightly graying modern 40/50 something entrepreneur pilot ready to launch his uber-IFR equipped single from the country club style FBO, into the flight levels…is proving to be a very small market. GA has got to do better to survive.
