Mooney Airplane Co. announced it turned a profit in July.

Mooney Airplane Co. announced it turned a profit in July. The wholly owned subsidiary of Mooney Aerospace Group, Ltd. had a net income of $85,909 in July. The company reported net sales of $2.6 million and an 18-percent gross margin of $475,000. Company President J. Nelson Happy remarked, ``This is...

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