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

The Export-Import Bank of the United States (EXIM) has approved a $97.2 million, two-year revolving working-capital loan guarantee facility to support exports of Embraer's Phenom light jets assembled in Melbourne, Florida. EXIM estimated that the facility would back exports valued at $200 million and support up to 700 jobs at Embraer’s Melbourne facility and at its suppliers.

 


<a href="https://www.ainonline.com/aviation-news/business-aviation/2020-07-31/exim-backs-972m-working-capital-loan-embraer">A renewal of a $97.2 million loan guarantee</a> approved in July 2020, the latest facility will also help Embraer meet working-capital needs during the two-year term. EXIM noted that ongoing travel restrictions have hampered exports and said the guarantee facility leverages its Covid-19 relief measures.

 


“This transaction demonstrates that EXIM can step in to make a critical difference for U.S. exporters and the workers that have been adversely affected by the Covid-19 pandemic,” said EXIM acting president and chairman James Burrows. “The pandemic has affected the liquidity of commercial lenders and their ability to make new loans, which has, in turn, hit the aircraft and aviation industries particularly hard. EXIM’s support enables these loan facilities to continue to support America’s aerospace manufacturers and the jobs that their exports create and sustain.”

 


New York-based Apple Bank for Savings, which provided the guarantee for last year’s approved working-capital loan, is also the guaranteed lender for the renewed facility. AirFinance Leasing arranged and serviced the financing.

EXIM Renews $97.2M Loan Facility for Embraer

EXIM said the two-year revolving working-capital loan guarantee facility will support Embraer business jet exports valued at $200 million and 700 jobs.

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