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.