Sometimes, it is not obvious why the FAA cancelled an aircraft registration. But in this case, the picture speaks for itself (Mooney M20E N1282X (155) cancelled by FAA on 30 May 2018).
The aircraft was sold to the renowned salvage dealer, Wentworth Aircraft Inc. during June 2016 after a gear up landing at Boeing Field, WA in September 2015. It has now ended up in Crystal Minnesota for a well deserved winter break.
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