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

Market analyst Jefferies Equity Research added to the picture of a slowing used business jet aircraft market, noting that the number of aircraft for sale in July is up 16% year over year (YOY) and 12% over the past six months. Even with younger aircraft, inventories have increased 19% YOY but still represent only 3.7% of the total fleet.
The increased inventories cut across all categories, Jefferies added, with available midsize jets up by 21%, heavy by 18%, and light jets by 12%. At the same time, pricing is down 7% YOY.
The Jefferies findings, including data from Amstat and the firm’s own analysis, align with <a href="https://www.ainonline.com/aviation-news/business-aviation/2024-07-18/vref-used-bizjet-market-facing-slowdown-rising-inventory">reports from Vref</a>, which noted this week that the market has seen six consecutive quarters of reduced pricing and increased inventory, with aircraft staying on the market longer.
According to Jefferies, Bombardier units for sale are up 8%, to 65 units, representing 3.7% of the OEM’s fleet. Available Globals are up 19% YOY; however, Challengers for sale are down 17% and Learjet inventory fell by 20%.
Gulfstream inventories have increased 27% YOY, to 85 units, also accounting for 3.7% of the fleet. This includes 21 G650s for sale. Gulfstream said it has reserved 92 registrations thus far for the G700. Jefferies noted 92 models to be produced would imply 85 for customers.
Cessna Citations for sale are up 29% YOY, with 134 on the market. The CJ2/CJ2+ series is up by 20 units. Dassault's available inventory is up 47% YOY, although that’s off a low base of 25 units for sale.
Embraer is the outlier of the major business jet manufacturers with units for sale falling 17% YOY, to 34 units, led by Phenom 300 and Phenom 100 fleets for sale.
Pricing, meanwhile, is down across the board ranging from a 16% drop for Gulfstreams (with average asking prices of $21 million) to a 2% decline for Dassault models. Embraer models have seen a 10% dip in pricing; Bombardier pricing has decreased by 5% and Cessna Citations fell by 4%.

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.

Jefferies: Bizjet Inventory Continues To Creep Up

Available inventory is up 16% in July

Bizjets for sale are up 16% year over year in July, with younger aircraft inventories increasing by 19%, Jefferies reports.

2024 Corporate Aviation Leadership Summit

Joseph Carfagna Jr.

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.

Certainty benefits the preowned business aircraft market

AINsight: Election Results and the Fence

Ultra-long-range model has amassed 75 records, many from customer trips

Speed Records Abound for Bombardier's Global 7500

We talk through the process from conception to delivery

Flying Privately: How Aircraft Like the Bombardier Global 8000 Come to Life

Hanneke Weitering

News and issues about aviation maintenance, repair and overhaul (MRO), covering all segments of the aviation industry; and modifications for aircraft and engines. Subjects include product support of aircraft, engines and avionics, MRO company mergers, acquisitions, announcements and personnel, Airworthiness Directives, Supplemental Type Certificate approvals and other topics.

News about simulators and training procedures, as well as workforce.

AltiSky will assemble, sell, and service VoltAero's aircraft

VoltAero Picks U.S. Distributor for Cassio Hybrid-electric Aircraft 

Jennifer Leach English

Company noncommittal on expanding its lineup upwards, citing $1B investment cost

Embraer’s Plans for a Larger Bizjet Remain Up in the Air

Operations ebbed, backlogs were steady, and available aircraft increased

GJC: Bizjet Market Continues To Stabilize in 3Q2024

Greenville-based charter operator pre-orders 10 eVTOL air taxis

SAI Flight To Operate SkyDrive eVTOL in South Carolina

Charles Alcock

News and developments about aircraft engines, including turbofan, turboprop, turboshaft and piston.

More In Aircraft