Advanced Aerodynamics & Structures, which completed its acquisition of the assets of bankrupt Mooney Aircraft on April 29 and changed its name to Mooney Aerospace Group, has indefinitely suspended development of the Jetcruzer 500.
Mooney Airplane Company
While this year’s NBAA Convention commemorates the association’s 60th anniversary, show planners are taking advantage of its Atlanta location to celebrate another milestone–the centennial of powered flight in Georgia.
Like the mythical phoenix, the AASI Jetcruzer 450/500 may arise from its ashes to fly again, this time as a single-turbofan, experimental airplane rather than a certified single-turboprop pusher. It was in April 2002 that Advanced Aerodynamics & Structures Inc. (AASI), after completing its acquisition of the bankrupt Mooney Aircraft Co., changed its name, as expected, to Mooney Aerospace Group (MASG).
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