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Tue, Apr 13, 2004

Mooney Delivers Eight Aircraft in 1Q/04

"Building Backlog for Future Delivery"

Mooney Airplane Company, has disclosed that during the first quarter of 2004 is delivered eight new aircraft: six Ovation 2 DX and two Bravo DX models. In addition, the company now claims a backlog of 10 aircraft for future delivery.

J. Nelson Happy, Mooney's president, remarked: "Our sales team is doing a great job of selling new Ovation 2 DX, Bravo DX and our new GX models which are equipped with the Garmin-G 1000 glass panel avionics. We are also pleased with the quality of the aircraft that we are manufacturing and look forward to increasing sales and deliveries throughout the remainder of the year."

Nicolas Chabbert, Mooney's executive vice president of marketing and sales, commented: "Our customers are showing a great deal of interest in both the GX and DX models. I am pleased that we are able to offer both the conventional instruments and the glass panel, as there are two kinds of pilots and we can provide each type with what they want."

FMI: www.mooney.com

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