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

Gulfstream designs, develops, manufactures, markets, and services business jet aircraft.

Kerry Lynch

As the preowned business jet market softens from the seller’s standpoint, industry analyst Altea is advising that the ultra-long-haul sector, and specifically the Gulfstream family, is an area to watch as the G700 enters service&nbsp;later this year.<o:p></o:p>
According to Altea partner Jean Sémiramoth, “Without obviously moving to a buyer’s market—there has been a mild shift whereby market conditions favor sellers a little less.” Unlike the frenzied market in the past couple of years, Sémiramoth noted more buyers are paying attention to the condition of aircraft, damage history, records, pre-purchase inspection, and delivery conditions. However, he said the shift was anticipated.<o:p></o:p>
While the market is “normalizing and heading to balance,” other factors will come into play, such as Gulfstream’s G700 joining the lineup of in-service aircraft, Altea noted.<o:p></o:p>
“If the OEM is able to deliver as planned and to the numbers expected—then we could see the availability of both G550s and G650/ERs increase and prices begin to fall,” said Altea partner Andrew Butler, “Whilst inventories of both types have been relatively stable over the last six months—demand remaining robust—a concerted effort to deliver G700 aircraft—given certification delays—could bring a change in this sector.”<o:p></o:p>
Butler pointed out that the number of preowned G550s on the market saw a 300 percent jump once G650 deliveries spooled up, “so we might see a similar occurrence in the market again—this time potentially affecting the G650/ER types.”<o:p></o:p>
Also, given the loyalty of the Gulfstream family, G650 buyers may move into the G700 and then offload their existing model, which could dampen preowned pricing overall, the company said.<o:p></o:p>
In any case, sellers and financiers should seek out proper appraisal guidance to limit risk, Sémiramoth said. “We are working with several owners and financial institutions to deliver a realistic estimate of what their aircraft is worth in prevailing market conditions, and to help them recognize the issues and concerns prospective buyers are likely to point out that could ultimately impede the prospect of a successful resale.”<o:p></o:p>
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Altea: Gulfstream G700 Service Entry May Precipitate Used Business Jet Market Shift

The preowned market is shifting as expected, but factors such as the Gulfstream G700 entering service will play role in this dynamic, Altea said.

Altea: Gulfstream G700 Service Entry May Cause Used Bizjet Market Shift

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Gulfstream G700/G800

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