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

Bombardier completed its acquisition of the Global 7500 wing program from Triumph Group under <a href="https://www.ainonline.com/aviation-news/business-aviation/2019-01-24/bombardier-buy-global-7500-wing-program-triumph">a deal announced</a> two weeks ago involving a “nominal cash consideration." Bombardier, which acquired both the assets and obligations for the program, has signed a lease agreement to continue production of the wing line at Triumph's Red Oak, Texas facility and is retaining the employees who have supported that program. In addition, the Canada-headquartered airframer will provide the necessary working capital for ramp-up of the wing production.

 


Triumph, meanwhile, will continue operations that support its other structures programs in a separate building at the Red Oak site, the supplier said.

 


Yesterday's announcement of the conclusion of the acquisition came just ahead of the release of Triumph’s&nbsp;Fiscal Year 2019 third-quarter results earlier today. Triumph reported $16.9 million operating loss (non-adjusted) for the quarter.&nbsp;That operating loss included $2.3 million of restructuring costs, along with forward loss charges of $40.5 million, $9.2 million, and $2.5 million related to its Global 7500, Embraer E2 Jet, and Gulfstream G280 programs, respectively, Triumph said.

 


“We continue to reshape our portfolio, reducing our contract manufacturing structures work,” said Triumph president and CEO Daniel Crowley, who added the company is making strides toward financial targets and strategic goals for 2019.

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Bombardier Completes Global 7500 Wing Program Purchase

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