Mooney Aviation Company

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In the year 1929 Albert and Arthur Mooney came together and they started an Aircraft Company known as Mooney Aviation Company in Texas. This research paper will examine this Aircraft Company from its initial operation in the global air industry and how it has been operating with all the ups and downs posed by technological and economic changes across the globe. Typically, Mooney Aviation Company is a privately owned company that aims at making profits, offering the best or high quality airplane services to its clients. In addition to this, Mooney Aviation Company encourages its employees to be creative and innovative thus enhancing their personal growth. Apart from being friendly, Mooney Company treats its employees with a lot of care, respect, and warmth thus enabling them to offer quality services to their clients (Ganson, 2014). Although this company went bankrupt in 1930 following the great depression it got back in track during and after the Second World War, however, in 1960s the company fell down again due to lack of adequate funds. Then came the period of 1980s when Mooney Aviation Company started enjoying overwhelming profits till 2008 when it started laying off part of its employees. On 8th October 2013 Soaring America Corporation a California based Company acquired all assets of the Mooney Aviation Company. although , Mooney Aviation Company have been facing a lot of challenges year in year out, it has been able to make a lot of remarkable profits and according to Chen, CEO of the company, they are expecting to rise back and by the end of 2014 they expect to increase its employees to 120. In addition to this, Mooney Aviation Company hopes have reduced its travel charges remarkably in such a way that potential clients ... ... middle of paper ... ...ats facing Mooney Aviation Company Among the threats that this company is facing include air pollution, terrorism, Islamic revolution. Increase of oil and furl, reduction of the number of travelers moving from one part of the globe to the other and voices of labor unions who fight for the rights of workers. References Fitz-enz, J., & Davison, B. (2002). How to Measure Human Resources Management (3rd ed.). New York: McGraw-Hill. Ganson, B. A. (2014). Texas takes wing: A century of flight in the Lone Star State. Gomez-Mejia, L. R., Balkin, D. B., & Cardy, R. L. (2007). Managing Human Resources (5th ed.). Upper Saddle River, NJ: Pearson. Grant, R. (2010). Contemporary Strategy Analysis: Text Only, New York, John Wiley and Sons. Stowell, R. (2007). The Light Airplane Pilot's Guide to Stall/Spin Awareness. Ventura Park, California: Rich Stowell Consulsting.

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