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 preowned business jet market loosened a tiny bit in May with the number of aircraft for sale up 2 percent from April. However, the market remains much tighter than a year ago, with the number of preowned business jets for sale in May down by 51 percent, equating to a 2.4 percent available inventory, according to market analyst Jefferies, citing Amstat figures.

 


Looking at younger business jets, those less than seven years since production, the available inventory dropped 53 percent year-over-year, while pricing increased 16 percent.&nbsp;In total, 590 preowned business jets were available for sale in May, compared with 580 in April and 1,198 in May 2021.

 


Jefferies noted that while the decline is broad-based across the market, midsize jets have led the decline in the availability for sale, down 57 percent. Large-cabin&nbsp;jet inventories were down 50 percent from a year ago, while 46 percent fewer light jets were available.

 


Just four Dassault business jets were for sale last month—a 75 percent drop from a year ago, equating to 0.8 percent of the younger active fleet.

 


Bombardier business jet availability has plummeted 60 percent, to 36 units, with the number of preowned Challengers available for sale seeing a 68 percent drop. Embraer followed with a 57 percent decline in available preowned business jets, with 21 for sale. Gulfstream jets&nbsp;followed with a 49 percent year-over-year contraction to 31,&nbsp;and there were 70 Cessna Citations for sale, a 45 percent decline.

 


As for pricing increases, Bombardier jets jumped 29 percent, to $13.9 million, led by a 52 percent increase for Globals. Citation prices were up 21 percent and Gulfstream aircraft pricing increased 17 percent. Dassault pricing, however, is down a percentage point and the Falcon 7X declined 7 percent.

Inching Up from April, Used Bizjet Inventory Remains Tight

The number of preowned business jets available for sale was slightly higher in May from April but still less than half of what was available a year ago.

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