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Mooney Books Big Airplane Orders

Mooney Acclaim
Gemini Sparkle

Key Takeaways:

  • Mooney has successfully restarted production of its Acclaim Type S and Ovation 3 aircraft, generating significant customer interest.
  • The company recently secured 53 new orders, valued at approximately $30 million, for its high-performance piston airplanes.
  • A large portion of these orders (35 aircraft) came from two China-based companies, with the remaining eight from U.S. customers.
  • Mooney plans to ramp up production to 2-3 airplanes per month by mid-2015, expecting to deliver all current orders within the next two years.
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After restarting production in Kerrville, Texas, following a hiatus, Mooney has seen strong interest in the turbo-normalized Acclaim Type S — the fastest single-engine piston airplane on the market — along with its normally-aspirated sibling, the Ovation 3. Mooney announced this week that since the first Acclaim was delivered at AirVenture this summer, where 10 orders were booked, the company has logged another 43 orders — a mixture of Acclaims and Ovations worth approximately $30 million, a Mooney representative said.

Most of those recent orders came from two China-based companies: the Reignwood Aviation Group and Xinzhichen Trading Company, which signed letters of intent for 35 airplanes at the 2014 Reignwood Aviation Carnival Show, held September 12 through 14 in Zhengzhou, China. The remaining eight airplanes were ordered by U.S. customers.

Pia Bergqvist

Pia Bergqvist joined FLYING in December 2010. A passionate aviator, Pia started flying in 1999 and quickly obtained her single- and multi-engine commercial, instrument and instructor ratings. After a decade of working in general aviation, Pia has accumulated almost 3,000 hours of flight time in nearly 40 different types of aircraft.

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