Press Release:

Contact:          Trey Hughes

Phone:            210-495-8696

February 1, 2005

 FOR IMMEDIATE RELEASE  

FLIGHT TRAINING INC MOVES INTO NEW TRAINING FACILITIES

San Antonio, Texas– Flight Training Inc.– the exclusive Mooney Airplane Company training provider announced today that they have taken occupancy of their new training facility in San Antonio, Texas.  “Designed to provide the best possible environment for learning, this new facility takes us to the next level in the professional flight training market,” said FTI President Trey Hughes.  We made this commitment to better position ourselves to meet the needs of the Mooney and TBM 700 pilot community,” said Hughes.  “Our classrooms are intimate and specifically designed for the one-on-one type of academic training that our clients demand.  We have developed a computer-based curriculum that will enhance knowledge transfer and facilitate the learning process.”

This new training facility has classrooms dedicated to both Mooney and TBM 700 aircraft, and includes a special room complete with a Garmin G1000 simulator.  This will allow the “Glass Mooney” customer to practice operations of this advanced new technology cockpit before stepping foot in their aircraft.  “We also have facilities where our clients can relax between classroom periods and read or study,” said Lela Hughes, VP and CFO.  “In addition, we have a computer specifically dedicated for our customer’s use to keep track of their home or business while they are with us,” said Lela.

Located at 140 Heimer Rd. Suite 560 Rear, San Antonio Texas, 78232 visitors can come by or call 210-495-8696 to arrange a tour.
 

Press Release:

 FOR IMMEDIATE RELEASE  

ANNOUNCEMENT OF CONTRACT WITH MOONEY

On October 7, 2002, in the city of Long Beach, California, Mooney Aerospace Group published a press release with the heading,"Mooney Aerospace Group Selects Flight Training, Inc. as Training Partner".  
The release goes on to say that Flight Training, Inc. "...has been selected as the exclusive factory-authorized training organization for owners of new Mooneys". Mooney Aerospace Group's confidence that we can provide training of such a caliber they are willing to hang their reputation on us should mean a lot to you.....it certainly does to us.
Read the entire release, browse our Website, and then contact us with your training requirements--it maybe the best thing you'll ever do for yourself as a Mooney owner.
Flight Training, Inc. is for serious pilots who want serious training.
Signed, The owners of Flight Training, Inc.
 

Press Release:

Contact:          Trey Hughes

Phone:            210-495-8696

January 1, 2005

 FOR IMMEDIATE RELEASE  

FLIGHT TRAINING INC SELECTS CHUCK WOODS AS DIRECTOR OF TRAINING

San Antonio, Texas – Chuck Woods has been selected to be the first Director of Training for San Antonio based Flight Training Inc. (FTI).  Mr. Woods has been involved in the transition and proficiency training of Mooney pilots since the formation of Flight Training Inc. in 2001.  “We are glad that Chuck has agreed to accept the responsibility of this very important position in our company” said FTI President Trey Hughes

“I have worked with Chuck since 2000 when he was an instructor in the Mooney program at FlightSafety International (FSI).  He brings a wealth of experience and knowledge to this demanding job.”

Chuck Woods began his aviation career as a part-time flight instructor in 1974 while still on active duty in the U.S. Navy.  He was assistant operations officer and check pilot while stationed in

Washington, D.C. as a member with the Quantico MCAS Military Flying Club.  Upon retirement from the Navy in 1977, he was an instructor and check pilot while employed by a contractor for the USAF T-41 Flight Screening Program located at

Hondo, TX.  After his work at Hondo finished, he was also the Chief Pilot at the Kelly AFB Military Flying Club and for the Stinson Air Center in San Antonio, Texas

In 2000 Chuck joined staff at FlightSafety International in

San Antonio, Texas.  At FSI, Chuck was an instructor in the Mooney factory Initial Transition Pilot Training Course until the program was terminated in 2002.  At this time he rejoined Trey as the first instructor at Flight Training Inc.

With over 3300 hours, more than 2700 as a flight instructor and hundreds of hours in Mooneys, Chuck has developed an insight into what it takes to be an effective professional flight instructor.
 

 

 Press Release:    

Draft 1: 2-8-05

FOR IMMEDIATE RELEASE

  

MOONEY FLIGHT TRAINING COURSE RECEIVES FAA RECOGNITION

 

Flight Training Inc. training syllabus among first cited for compliance with FITS requirements

KERRVILLE, TX—The training syllabus developed by Flight Training, Inc. of San Antonio for the Garmin G1000 equipped Mooney Ovation2 and Bravo models has received recognition from the Federal Aviation Administration (FAA) for meeting the agency’s innovative new FAA/Industry Training Standards (FITS) for technically advanced aircraft.  The five-day flight training package is included with the purchase of each new Mooney airplane.  Flight Training, Inc. is the exclusive, factory-authorized flight training provider for the Mooney Airplane Company, a wholly owned subsidiary of Mooney Aerospace Group (MNYG.ob).

“This designation of the Mooney flight training curriculum is significant because it underscores our emphasis on providing our customers with practical, safe and up-to-date instruction that equips them to make the most efficient use of their aircraft and systems,” said David Copeland, Mooney vice president of sales and marketing.  “It is one of the first aircraft-specific courses in the nation to receive this FITS designation and the staff at Flight Training Inc. can be deservedly proud of this accomplishment.

The course entitled Mooney FITS Scenario Based Transition Training Syllabus includes two days of academic instruction and three days of practical flight experience.  The first day is devoted to aircraft systems management.  The second day focuses exclusively on the Garmin G1000 avionics suite and incorporates instruction on a desktop simulator.  The final three days feature scenario-based flight training where students receive instruction in aircraft handling and maneuvers, situational awareness and decision making as part of actual, real world flights. 

“Our curriculum is dynamic and evolving,” noted Trey Hughes, president of Flight Training, Inc.  “It’s designed to demonstrate and integrate the use of new advanced technology like the G1000 system into a typical flight scenario rather than simply offering classroom exposure to its capabilities and then flying off to a practice area where students conduct a standard list of training maneuvers.  Scenario-based instruction helps build pilot confidence and allows us to train better in less time and at less cost.”

The FAA/Industry Training Standards program is a partnership between the FAA, industry and academia designed to enhance general aviation safety.  Key academic contributors include Embry-Riddle University in Daytona Beach, FL and the University of North Dakota in Fargo.  The program has established specific requirements which emphasize convenience, accessibility, and relevance to emerging technologies and the National Airspace System. 

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 that is publicly traded under symbol MNYG.ob.  Mooney Airplane Company currently sells five models of the M20, the highest performing, four-place single-engine piston-powered aircraft, now available with the Garmin G1000 glass panel display.  Since its inception in 1946, the company has manufactured and delivered more than 10,000 aircraft worldwide.  Today, 7,000 customers in the United States and 1,000 more overseas fly these proven, high-performance airplanes.    For more information, visit www.mooney.com.

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the “Act”).  In particular, when used in the preceding discussion, the words “plan,” “confident that,” “believe,” “scheduled,” “expect,” or “intend to,” and similar conditional expressions are intended to identify forward looking statements within the meaning of the Act and are subject to the safe harbor created by the Act.  Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements.  Such risks and uncertainties include, but are not limited to, market conditions, the availability of components and successful production of the Company’s products, general acceptance of the Company’s products and technologies, competitive factors, timing, and other risks described in the Company’s SEC reports and filings

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