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Sunday, 11/23/2003 12:27:00 PM

Sunday, November 23, 2003 12:27:00 PM

Post# of 182
Article concerning MASG:

10. 9. 2003

Mooney Aerospace Group, now restructured is moving ahead to take up a leading position in the General Aviation market.
With new investment in hand, Mooney Aerospace Group has announced a partnership with BAE Systems (UK), Kaskol Group (Russia), Venture Industries (USA) and Foxtron Overseas Investments, to add more aircraft to its current line.
Having already committed to the 2 seat Mooney Toxo, Mooney is to add at least 3 aircraft to its product line over the next 3 months.
We believe that the General Aviation industry, at the smaller end is ripe for a major shake-up. The 'old' boys, Piper, Cessna, Raytheon continue producing 40 year old aircraft, while new dynamic companies like Cirrus, with its SR20/22 shot up into 2nd place last year with over 350 deliveries.
Look for major changes/disappearances in this market over the next 12 months, especially at New Piper Aircraft.
http://www.czechaerospace.cz/newsarchive.php


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