Exhibit 31.1

                                 CERTIFICATIONS

I, Gretchen L. Jahn, certify that:

1.    I have reviewed this Annual Report on Form 10-KSB of Mooney Aerospace
      Group, Ltd.;

2.    Based on my knowledge, this annual report does not contain any untrue
      statement of a material fact or omit to state a material fact necessary to
      make the statements made, in light of the circumstances under which such
      statements were made, not misleading with respect to the period covered by
      this annual report;

3.    Based on my knowledge, the financial statements, and other financial
      information included in this annual report, fairly present in all material
      respects the financial condition, results of operations and cash flows of
      the registrant as of, and for, the periods presented in this annual
      report;

4.    I am responsible for establishing and maintaining disclosure controls and
      procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the
      registrant and have:

            a) designed such disclosure controls and procedures, or caused such
            disclosure controls and procedures to be designed under my
            supervision, to ensure that material information relating to the
            registrant, including its consolidated subsidiaries, is made known
            to us by others within those entities, particularly during the
            period in which this annual report is being prepared;

            b) evaluated the effectiveness of the registrant's disclosure
            controls and procedures and presented in this report our conclusion
            about the effectiveness of the disclosure controls and procedures,
            as of the end of the period covered by this report; and

            c) disclosed in this report any changes in the registrant's internal
            control over financial reporting that occurred during the
            registrant's most recent quarter that has materially affected, or is
            reasonably likely to materially affect, the registrant's internal
            control over financial reporting; and

5.    I have disclosed, based on our most recent evaluation, to the registrant's
      auditors and the audit committee of registrant's board of directors (or
      persons performing the equivalent functions):

            a) all significant deficiencies in the design or operation of
            internal controls which could adversely affect the registrant's
            ability to record, process, summarize and report financial data and
            have identified for the registrant's auditors any material
            weaknesses in internal controls; and

            b) any fraud, whether or not material, that involves management or
            other employees who have a significant role in the registrant's
            internal controls over financial reporting.


Date: August 31, 2006               By: /s/ Gretchen L. Jahn
                                        -------------------------------------
                                        Gretchen L. Jahn
                                        President and Chief Executive Officer