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San Antonio, Texas-Area Aircraft Maker Looks for Buyer.
By Sanford Nowlin, San Antonio Express-News Knight Ridder/Tribune Business News
Sep. 6--Kerrville's Mooney Aircraft Corp., currently under Chapter 11 bankruptcy protection, is counting on a sale as its salvation.
The U.S. Bankruptcy Court in San Antonio last week cleared the manufacturer of single-engine piston aircraft to find a new owner, and company officials have talked with some 80 potential buyers, said J. Scott Rose, its bankruptcy attorney.
"We've held discussions with all of them at some level, even if it's just a phone conversation," Rose said. "This is a unique company with a long and distinguished history. The Mooney nameplate ...
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