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

Persistent inflation and rising interest rates have raised concerns but strong industry backlogs, new and returning business aviation users, and healthy business jet trends are steering the industry through the economic uncertainties, according to the latest Global Jet Capital (GJC) report.

 


Released today, GJC’s Business Aviation Market Update covering the second quarter noted that new users have entered the business aviation market while established users are returning. The culmination of these movements is a 20 percent year-over-year jump in flight operations in the second quarter.&nbsp;

 


At the same time, orders continue to surge, leading to book-to-bill ratios of 1.8:1 in the second quarter, the business aviation financing specialist added in the report.&nbsp; “With backlogs of $46 billion, OEMs have substantial cushion against any potential downturn.”

 


Also, business jet transactions are up by 14 percent in dollar volume in the first half, compared with the same period in 2021.

 


Inventory levels inched up in the second quarter but remain well below historic values, GJC further noted, adding used aircraft values tracked by sales data companies are increasing.

 


“Challenges to the broader economy mounted during Q2, including inflation, rising interest rates, and economic contraction in some countries,” GJC said. “However, strengths in the business jet market, including high OEM backlogs and demand from new and returning users, have increased its resilience against a future downturn.”

GJC: Industry Remains Strong Despite Economic Concerns

New and returning users, flourishing new and used aircraft sales, and strong values are steering bizav through economic uncertainties in Q2, GJC said.

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