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

A continued weakening of the large-cabin market is leading the business aircraft market to new post-recession lows, according to the latest UBS Business Jet Market Index. UBS created the market index to track changes in market conditions based on surveys measuring customer interest, pricing, 12-month outlook, inventory and willingness to increase inventory.

 


The most recent index declined 13 percent, reaching its lowest point since late 2009, the market analyst said. The small-cabin index remains the strongest, but is still down 11 percent in December. The large cabin came in the weakest, down 17 percent. The North America market remains the strongest, still reflecting positive signs. But it was down 10 percent in December. The Latin America market is showing improvement but remains among the weakest measured by the UBS index. Market conditions continue to deteriorate in Asia, down 15 percent, while the Middle East is down 3 percent.

 


UBS found 61 percent of survey respondents reported a “significant negative impact” from weakness in emerging markets and currency devaluation. Sixty-five percent of the respondents believe the large-cabin segment is most affectied by emerging markets and currency devaluation while only 12 percent pointed to small-cabin aircraft.

 


As a result of the large-cabin weakness, UBS is anticipating that General Dynamics will scale back its guidance on Gulfstream.

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