Backed with cash from Asian investors, the relaunched Mooney International has spent the last eight months hiring staff at both its Kerrville, Texas production plant and its new Chino, Calif. headquarters and R&D center. The company now employs 150 and recently completed its first aircraft–an M20TN Acclaim Type S–since the new investors took control. That aircraft was the first new Mooney off the production line in Kerrville in five years. It was sold via auction and delivered to the customer’s representative on Tuesday at EAA AirVenture 2014.
Mooney International Corp. of Kerrville, Texas, which bought the assets of moribund Mooney Aircraft in October 2013, announced on Friday at the Sun ’n’ Fun in Lakeland, Fla., resumption of production of the piston single Acclaim Type S and Ovation 3. An Acclaim, Mooney’s 240 knot-plus flagship model, is scheduled for completion in July–the first new Mooney built since 2009–and will be auctioned online, the proceeds seeding a Mooney Museum, company CEO Dr. Jerry Chen told guests at the company’s relaunch ceremony.
Less than a month after Carl Chen, former chairman, president and CEO of AASI, suddenly replaced Jack Braly as president and CEO of Sino Swearingen, the company hired Gene Comfort as v-p of sales and marketing. Comfort worked for Chen as executive v-p and general manager at AASI. Sino Swearingen’s SJ30-2 business jet development program has suffered many delays since its inception more than a decade ago.
Sino Swearingen, which is preparing to start deliveries this year of the SJ30-2 light jet, last week fired its president, Carl Chen, who immediately sued the company for breach of contract and damages from alleged slander “with malice” by current chairman and CEO Ching-Chiang Kuo.
A lawsuit in which former Sino Swearingen president Carl Chen is suing the company for breach of contract and other alleged wrongdoings has been rescheduled to start on June 18, following motions by the aircraft company for continuance from the original January 7 trial date. Chen was fired early last year after serving as president since 2002.
Former Sino Swearingen president and CEO Carl Chen and former senior v-p of sales and marketing Gene Comfort are, in separate lawsuits, suing the company for wrongful termination and other alleged offenses.