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 number of pre-owned business jet transactions is slowing, but average asking prices are firming in the light and midsize segments and time on market is shrinking, according to industry analysts JetNet and Amstat.

 


For the first nine months, the number of business jet transactions dropped 2.8 percent and turboprop transactions slid 8.9 percent, JetNet’s latest market report shows. Average asking prices for business jets have climbed 6.8 percent this year, and turboprop prices are up 3.6 percent. Average time on the market for a business jet in the first nine months declined 39 days, compared with the first nine months of 2014, JetNet reports.

 


Business jet transactions were stronger in the third quarter than in the second, with 2.5 percent of the fleet turning over, but still down from the 2.7 percent that turned over in the third quarter of last year, Amstat reported. The activity in the third quarter was below the 20-year quarterly average and year to date was the lowest of the last three years, Amstat added.

 


By market segment, midsize jets led the pre-owned market with 3 percent of the fleet turning over in the third quarter, up from 2.7 percent in this year's second quarter and 2.8 percent during the third quarter last year. Large-cabin jet transactions, however, were down both quarter-on-quarter and year-on-year, while light jet transactions were flat. Large-cabin jet prices slid slightly, but light and midsize jet prices are up, Amstat added.

Pre-owned Transactions on Downswing, Analysts Say

Analyst reports find some prices firming and time on market shrinking, but transactions are at their lowest in three years.

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