| Mooney and Rolls-Royce Sign Agreement for Joint Engineering Project |
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FOR IMMEDIATE RELEASE July 31, 2008 CONTACT: Dave Franson Mooney and Rolls-Royce Sign
Agreement for Joint Engineering Project New Rolls-Royce
Turbine Offers Fuel Alternative for GA KERRVILLE, TX -- Mooney Airplane Company announced today at AirVenture that the company has entered into a joint engineering project with Rolls-Royce. The scope of the project will include exploration of using the RR500 as an alternative fuel (Jet A) power plant to complement the current Mooney product line. Mooney’s participation in the General Aviation Manufacturers Association’s Future Avgas Strategy and Transition (FAST) Plan and Mooney’s experience in building high-performance airframes make the two companies logical partners for the new project. The benefits of developing the RR500 to power a four place aircraft include improved global fuel availability in emerging markets where 100LL is scarce to non-existent. “The RR500 turbine introduced this week by Rolls-Royce represents the next step in our exploration of alternative fuel power for personal aircraft,” explained Dennis Ferguson, CEO/president of Mooney Airplane Company. “The rugged Mooney airframe is uniquely suited to accept the power of the Rolls-Royce engine and we’re very excited about working with Rolls-Royce to examine to the possibility of bringing a Jet-A powered Mooney turboprop to the market in the future.” Mooney believes that an affordable turbine-powered four-place aircraft is an important segment of the market that is being overlooked. Such an aircraft configuration fills two growing voids in the market. First, a four-place turboprop represents a logical step for the tens of thousands of pilots now flying high-performance piston aircraft because the transition to flying a small turboprop will require no special type rating or unusual insurance requirements. Second, a Jet-A powered turbine provides the basis of a product that has global appeal. More details will follow in the coming months as Mooney and Rolls-Royce work together to expand the scope of the engineering project and refine what the configuration of such an aircraft will be. About Mooney Airplane Company Mooney Airplane Company, located in Kerrville, Texas, is a wholly-owned subsidiary of Mooney Aerospace Group, Ltd., a general aviation holding company. Mooney Airplane Company currently produces the world’s fastest, most efficient single engine piston-powered aircraft – the
Acclaim Type S, Ovation3 and Ovation2 GX. All come with standard equipment that includes the Garmin G1000 integrated avionics suite and the Garmin GFC 700 Automatic Flight Control. Since its inception in 1946, the company has manufactured and delivered more than 11,000 aircraft worldwide. Today, 7,000 customers in the United States and 1,000 more overseas fly these proven, high-performance airplanes. # 07210930 # To download logos, images and this press release, please visit |
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