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, 2024). Lynch graduated from The Ohio State University with a bachelor of arts in journalism.

Editor, AIN monthly magazine

Kerry Lynch

After reaching historic lows in 2021, the percentage of available used business jets for sale is creeping back up, marking a 14 percent year-over-year jump in December and a 6 percent month-over-month climb, according to analyst Jefferies.&nbsp;Meanwhile,&nbsp;pricing is up 21 percent from a year ago.
In the past six months, the available inventory is up 31 percent, Jefferies added, citing Amstat data. Young jet inventory—those less than seven years since production—have increased 64 percent year-over-year and 12 percent from November.
Despite&nbsp;these increases, only 3.3 percent of the fleet is for sale, well below the five-year average of 5.9 percent, Jefferies further pointed out.&nbsp;In December, heavy jet inventory&nbsp;increased by 27 percent, while medium and light&nbsp;jets were up 13 percent&nbsp;and 9 percent, respectively, from a year ago.
Embraer aircraft for sale rose 26 percent from a year ago,&nbsp;to 24 units, but inventory is still&nbsp;at 2.1 percent. Phenoms lead this&nbsp;increase. The number of Cessna Citations, meanwhile, has jumped 62 percent year-over-year. to 105 units for sale—driven by more XLS/XLS+, CJ1+, X, and Mustang aircraft on the market, Jefferies said. This is still only 2.7 percent of the active fleet. Bombardier aircraft inventory has scaled up by 71 percent, to 60 units, with available Challengers surging by 600 percent.
Gulfstream's available inventories similarly grew by 78 percent. Jefferies said Amstat data shows Gulfstream has produced 23 G700s as it prepares for a third-quarter 2023 entry-into-service. Ostensibly, 17 would be for customers, given the six flight-test airplanes.
Dassault's available inventories are also up 83 percent, but with only 11 units for sale that amounts to just&nbsp;2.1 percent of the active fleet.
Meanwhile, list prices for available Cessna Citations are up 37 percent year over year. Embraer prices are up 27 percent, Dassault Falcons cost 15 percent more, and Gulfstreams saw a 3 percent increase. Bombardier inventory pricing increased 21 percent, but Learjets are soaring, with prices escalating 113 percent year-over-year&nbsp;in December.

Jefferies: Used Bizjet Inventory, Prices Climbing

The available business jet inventory for sale was up 14 percent in December from a year ago and 6 percent from November.

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