at Chino Airport, California, and relocate to their headquarters in Kerrville, Texas. The company sold only 14 aircraft in 2018 and only 4 in the first half of 2019. The company shut down and furloughed all employees on 12 November 2019. The company was reportedly seeking new American investors to reopen, but in the meantime did not respond to inquiries from the media or from existing aircraft owners seeking support or parts. The company reopened on 2 December 2019, after being closed for 20 days. It was unclear if new financing had been secured at that time or not and the company provided no additional details. It was also unclear how many workers had returned and the company continued to not return aviation media inquiries. 2020s On 6 January 2020 the company again laid-off all employees and did not provide them with the previously committed holiday pay owed. A company human resources employee indicated at that time that Mooney was still seeking investment, but that the company's future was unknown. On 1 September 2020 the company was taken over by a new ownership group under US Financial, LLC. The existing company management was replaced by a new CEO, Jonny Pollack, and a team consisting of "pilots and Mooney owners". The company will prioritize providing support for the existing fleet of more than 7,000 Mooney aircraft. Future priorities are anticipated to include increasing the aircraft useful loads by providing lighter parts, such as carbon fiber reinforced polymer engine cowlings. The company will then assess future design changes, including fitting ballistic parachutes, adding auto-landing capabilities and designing larger cabins. Products References Notes Bibliography External links Mooney Airplane Company website History of Mooney models The Al Mooney Story: They All Fly Through the Same Air Vehicle manufacturing companies established in 1929 Aircraft manufacturers of the United States Manufacturing companies based in Texas Companies based in Kerrville, Texas 1929 establishments in Texas