Tue, May 10, 2005
Let The Good Times Roll
Mooney Airplane Company says it's
seeing record orders and deliveries for the first quarter 2005. The
high-performance, single-engine airplane manufacturer recorded new
orders for 13 aircraft during the first three months of 2005,
exceeding its initial expectations. Based on strong first quarter
2005 results, and anticipated accelerated growth in orders
throughout 2005, management anticipates total orders in 2005 could
exceed last year's orders that totaled 80. During the same period,
the company also delivered 20 aircraft, matching its output for the
final quarter of 2004 and more than doubling the output of the
first quarter 2004.
"The delivery of 16 Ovation2 GX models, three Bravo GX airplanes
and an Ovation DX, coupled with the outstanding response to our
nationwide Freedom Tour, have positioned Mooney to more than double
our deliveries from last year in 2005," said Mooney Vice President
of Sales and Marketing David Copeland in a statement to ANN. "The
'buzz' over the performance of the Bravo and Ovation2 GX airplanes
has helped stimulate sales during the first quarter and we have
already significantly increased the number of serious prospects and
orders over the same period last year. Customers and prospects in
six cities have had a chance to see the new Garmin G1000-equipped
aircraft up close. They have experienced first hand the exceptional
performance and versatility of these aircraft. We will be traveling
around the country to more than 30 cities before the Freedom Tour
ends at the annual EAA AirVenture in Oshkosh at the end of
July.
"In addition, we have added new Mooney Team Representatives
(MTRs) to our sales team. Rick Neely has joined us as domestic
sales manager and Ronnie Smith now covers the Northeast from his
base in upstate New York. USAero LLC of Long Beach, California and
Aviation Unlimited of Markham, Ontario, Canada have also begun
serving as Mooney sales representatives since the first of the
year. These additions have already, and should continue to generate
sales," Copeland added. "The Freedom Tour will also continue
through the end of July and is an integral part of our aggressive
sales effort that position us to maintain our backlog throughout
2005. The tour will extend into the middle of the year on the
Ovations and into the fourth quarter on the Bravos."
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