In 1929, Albert and Arthur Mooney joined together and founded an aircraft company known as the Mooney Aviation Company in Texas. This research paper will examine this aviation company from its initial operations in the global aviation industry and how it has operated with all the ups and downs posed by technological and economic changes across the world. Generally, Mooney Aviation Company is a privately held company that aims to make a profit by providing the best or high quality airline services to its customers. In addition to this, Mooney Aviation Company encourages its employees to be creative and innovative, thereby enhancing their personal growth. In addition to being friendly, Mooney Company treats its employees with great care, respect and warmth allowing them to provide quality services to their customers (Ganson, 2014). Although this company went bankrupt in 1930 following the Great Depression it experienced during and after World War II, however, in the 1960s the company collapsed again due to lack of adequate funds. Then came the period of the 1980s, when Mooney Aviation Company began to make huge profits until 2008, when it began to lay off some of its employees. On October 8, 2013, Soaring America Corporation, a California-based company, acquired all of the assets of Mooney Aviation Company. Although Mooney Aviation Company has faced many challenges year after year, it has managed to achieve many remarkable profits and according to Chen, CEO of the company, it hopes to get back on its feet and by the end of 2014. they expect to increase the number of employees to 120. In addition to this, Mooney Aviation Company hopes to have significantly reduced its travel costs such that potential customers...... middle of paper ...... face At Mooney Aviation Company, some of the threats this company faces include air pollution, terrorism, and the Islamic revolution. Increasing oil and furl, fewer travelers moving from one part of the globe to another, and the voices of unions fighting for workers' rights. References Fitz-enz, J., & Davison, B. (2002 ) . How to measure human resource management (3rd ed.). New York: McGraw-Hill. Ganson, B.A. (2014). Texas Takes Flight: A Century of Flight in the Lone Star State. Gomez-Mejia, LR, Balkin, DB, & Cardy, RL (2007). Human Resource Management (5th ed.). Upper Saddle River, NJ: Pearson. Grant, R. (2010). Analysis of Contemporary Strategy: Text Only, New York, John Wiley and Sons. Stowell, R. (2007). The light aircraft pilot's guide to stall and spin awareness. Ventura Park, California: Rich Stowell Consulting.