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

Preowned business jet inventory jumped 23% year over year (YOY) this month and ticked up by 3% from April, according to analyst Jefferies. Pricing, meanwhile, has ebbed by 2% YOY and 1% from last month.
Using its own estimates and Amstat data, Jefferies further noted that even for younger jets—those less than seven years since out of production—inventory is up 21% from a year ago. But for those models, the available inventory is still below historic levels at 3.7% of the in-service fleet.
Jefferies reported that 1,195 jets are available for sale so far this month, compared with 1,161 in April and 969 last May. Available inventory sits at 4.9% of the total business jet fleet, up from the one-year average of 4.3%.
Inventory increases crossed all major categories, with midsize jets up the most at 32%, followed by light jets, +21%; and large-cabin jets, +16%. However, the rise was not uniform across the major airframers.
Embraer units for sale dipped by 14%, to 32 units, and the active fleet for sale is 2.7%. Jefferies cited drops in Phenom 300s and 100s on the market. Bombardier jets for sale edged up 3% YOY, to 63 units, with available Globals down 8% while Challenger inventory climbed by 22%.
On the other hand, as Gulfstream’s G700 comes on the market, the Savannah, Georgia manufacturer’s available inventories increased by 30% YOY, to 74 units, with four additional G650s and 11 G450s coming on the market. In all, 21 G650s are for sale, 16 of which are the extended range variant. No G500s and only two G600s were up for sale this month. Jefferies also cited Amstat data showing Gulfstream has now produced 67 G700s, including 60 for customers.
Meanwhile, Cessna Citation inventory climbed by 28% YOY, with 12 additional CJ2/CJ2+s on the market and nine more Sovereigns. Dassault Falcon inventory soared by 108%, but that number is skewed by a low base of 25 aircraft for sale. Falcons up for sale is 4.8% of the active fleet, compared with 2.3% a year ago.
As far as average list prices, Falcons were up 16% YOY, with the average Falcon 900LX increasing by 51%. Citation and Bombardier pricing both dipped by 2% YOY, while pricing for Embraer and Gulfstream jets dropped by 10% and 13%, respectively.

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