The first Mooney Aircraft Company In 1929, with the financial backing of the Bridgeport Machine Co., Mooney left the Alexander Aircraft Corporation. He and Arthur moved to
Wichita, Kansas, where they started the
Mooney Aircraft Corporation. Their early years were spent designing the Mooney A-1, which was similar to the
Bullet, and the M-5. The M-5 prototype flew seven months after the company started up. With the aircraft industry sales declining due to the onset of the
great depression, Mooney decided to fly the M-5 nonstop from
Glendale, California, to
Long Island, New York, as a promotional feat. However, the nonstop flight failed near
Fort Wayne, Indiana, when his engine quit due to faulty welding on the fuel pump. In 1931, with the economy failing, the Mooney Corporation closed its doors. Mooney continued pursuing aircraft design after his company failed. His next design, the M-6, was a two-place low-wing design. However, development came to a halt with financial difficulty that prevented the purchasing of an engine. After several years of searching for financing and continuing design, the M-6 fell through the cracks and never made production.
Bellanca and Culver While most of the aircraft industry was in shambles in the middle of the great depression, the
Bellanca aircraft company had some continued success due to contracts with the Navy and the company's popularity among
Alaskan bush pilots. In 1934 Mooney was named chief engineer at Bellanca. During this period, Mooney worked closely with its owner, the well-respected Italian-born
Giuseppe Bellanca. In his time at Bellanca, Mooney was responsible for the designs of the
Bellanca Airbus cargo plane and the racer
Irish Swoop. After his time with Bellanca, Mooney went briefly to
Monocoupe Corporation. Working with the small startup company, he designed the
Model G Dart and the Monocoach. In his time with Monocoupe, several features of future Mooney aircraft were designed, including rubber shock biscuits in the landing gear legs, and spring-assisted manual gear retract. After Monocoupe went under due to financial distress, Mooney's designs were purchased by
Culver Aircraft, and in 1937, Mooney joined Culver as chief engineer. In his days at Culver before
World War II, he designed the
Culver Cadet acrobatic plane, over 350 of which were built. As war enveloped the country, Culver's main focus shifted towards military drones, in which Mooney had little interest. During this time, Mooney started a business relationship with C. G. "Al" Yankey, which eventually led to the founding of a second Mooney Aircraft Company. As Culver's commercial sales began to slow down with the end of the war and tough competition from the
Cessna 120, Mooney left the Culver company.
The second Mooney Aircraft Company In July 1946, with the partnership of C.G. Yankey and W.L. McMahon, Al and Art Mooney resurrected the Mooney Aircraft Corporation, with Al as general manager and chief engineer. The first aircraft produced was the M-18, a single-place retractable-gear aircraft, and the first of its kind available on the market after World War II; it was later named the
Mite. After some problems with engine selection and the decision to replace them, Mooney began his next design, the M20, a four-place design of metal construction (the M-18 was made largely of wood). In 1953, the corporation's main financial backer, Al Yankey, died of a stroke before proper funding had been finalized for the M20. With the company again in financial distress, it was taken over by Hal Rachal and Norm Hoffman. Only two years after the first flight of the M20, Al left the Mooney Aircraft Company and started working at
Lockheed. ==The later years==