Buying a new airplane is both an act of passion and an act of faith. The very idea of sinking so much wealth into an asset used but 100 hours a year has to be driven by blind love for flight. The faith part has to do with the company remaining solvent to support such an investment.
Anyone looking at the sales graph below might understandably have second thoughts. And not just about Mooney, but the industry in general. But readers and would-be buyers do ask us from time to time if these companies are on solid financial footing. Without the luxury of reviewing the company’s P&L, we can only guess. But we do ask around.