Kerry Lynch stepped into the role of editor of the&nbsp;Aviation International News&nbsp;monthly magazine in May 2022 after serving with&nbsp;AIN&nbsp;for eight years. She joined&nbsp;AIN&nbsp;in December 2014 as a senior editor covering Washington and business aviation news. She has also served on Convention News teams, including as editor of&nbsp;HAI Convention News. Lynch previously spent 25 years with Aviation Week. During her time there, she reported for and later steered&nbsp;The Weekly of Business Aviation, oversaw business aviation content on the&nbsp;Aviation Week Intelligence Network, served on the&nbsp;Show News&nbsp;staff, and held roles as the Washington columnist for&nbsp;Business &amp; Commercial Aviation&nbsp;and&nbsp;Overhaul &amp; Maintenance&nbsp;monthly magazines. In 2021 she was honored with the National Business Aviation Association Platinum Wing Award for lifetime achievement in journalism and was the 2004 recipient of the National Air Transportation Association’s Aviation Journalism Excellence Award. She also has been a recipient of an Aerospace Media Award for business aviation (2022) and NBAA Gold Wing Award (2003). Lynch graduated from The Ohio State University with a bachelor of arts in journalism.

Editor, AIN monthly magazine

Kerry Lynch

The National Air Transportation Association is urging tax negotiators on Capitol Hill to retain certain measures regarding expensing and aircraft management fee taxation as they hash out differences in the House and Senate versions of the tax bill. NATA called the measures—a House provision related to full and immediate expensing and the Senate measure clarifying that aircraft management fees are not subject to the air transportation tax—important to the goals of investment in the U.S. and overall tax simplification.

 


In letters to Senate Finance Committee chairman Orrin Hatch (R-Utah) and House Ways and Means Committee chairman Kevin Brady (R-Texas), the association called the full and immediate expensing measure in the House bill “a cornerstone of tax reform” and said, “It is important to the future manufacture and sale of aircraft in this nation.” The House measure would enable immediate expensing on both new and used equipment, which the association said is important because the number of used-aircraft transactions far outpaces new-aircraft transactions.&nbsp;

 


The Senate version, NATA added, “would make the purchase of a used, albeit newer and potentially safer aircraft, a much more expensive proposition.” Noting a struggling preowned aircraft market, the association stressed the bill should not discourage operators from upgrading their aircraft.

 


NATA also encouraged adoption of Senate language regarding aircraft management fees.&nbsp;That provision would clarify uncertainty that made aviation management companies vulnerable to back taxes and penalties. While the IRS has for the time being closed pending audits surrounding the taxation, “for aircraft management businesses, the risk of additional IRS assessments on this issue still remains.”

 


The Senate provision became politicized when some lawmakers and pundits held up the measure as a corporate jet tax break. NATA disputed the characterization of the measure as “a giveaway to wealthy aircraft owners,” saying “far from it...Rather, the provision provides these small businesses with long-sought tax certainty. It is these small businesses—not aircraft owners—that have been vulnerable to IRS back taxes and penalties.”

News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

NATA Appeals to Lawmakers To Keep Key Tax Measures

NATA wrote House and Senate tax negotiators as they hash out differences in the House and Senate versions of the tax bill.

2024 Corporate Aviation Leadership Summit

Charles Alcock

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

News and information on safety procedures and concerns.

Officials from the UK, Japan, and Australia are being hosted at the company's California HQ this week

Joby Discusses eVTOL Rules with International Aviation Safety Agencies

Curt Epstein

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

More In Regulations and Government

Joby Discusses eVTOL Rules with International Aviation Safety Agencies

Officials from the UK, Japan, and Australia are being hosted at the company's California HQ this week

Rolland Vincent Associates Joins IBAC Partnership Group

Consultancy will work to support bizav growth

Charter Safety Group Adopts Document Management System

Air Charter Safety Foundation wants to encourage members to digitize documents

FAA Greenlights eVTOL Regs as NBAA-BACE Opens

FAA chief Michael Whitaker: “It’s here today. It is now a final rule”

AI Revolutionizing Aviation with Smarter, Safer Flights

Todd Giles of Honeywell Aerospace moderated a panel discussion on AI

AIN Editor Kerry Lynch Wins 2024 NBAA Gold Wing Award

Annual award given at the NBAA-BACE show for the best business aviation story

NBAA 'Newsmakers Luncheon' Praises Bipartisanship On FAA

Sam Graves and Rick Larsen join NBAA roundtable

Revamped U.S. Notam Format Delayed At Least One Year

Agency gave no reason for the delay in aligning format with ICAO standards

AIN Products

SUBSCRIPTIONS

RESOURCES

ABOUT AIN