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

NBAA is advising that recent IRS guidance may expand the eligibility for 100% business expensing, also known as bonus depreciation, which took effect one year ago.&nbsp;<a href="https://www.ainonline.com/aviation-news/business-aviation/2025-07-07/budget-bill-provides-125b-atc-100-depreciation">Adopted</a> as part of the One Big Beautiful Bill, the full restoration of bonus depreciation applied to capital business purchases, including aircraft, beginning on Jan. 20, 2025. The updated guidance, <a href="www.irs.gov/pub/irs-drop/n-26-11.pdf">Notice 2026-11</a>, clarifies that 100% bonus depreciation may be available for some aircraft delivered on or after that date when a purchase agreement was executed before then.
Bonus depreciation applies to whole and fractional aircraft purchases used predominantly for business travel. This guidance is consistent with expectations and information in an NBAA member resource on the tax.
“Accordingly, a taxpayer that signed a written binding aircraft purchase contract on or before Jan. 19, 2025, and before construction of the aircraft began, but took delivery of the aircraft (i.e., transfer of title) after Jan. 19, 2025, may be eligible for 100% bonus depreciation,” according to the NBAA resource.
Noting that the tax treatment may differ depending on the use of accrual and cash basis, NBAA advised owners to discuss the applicability of the interim guidance with legal or tax counsel. The association anticipates upcoming proposed regulations to provide more detail.
Meanwhile, NBAA will discuss this and other topics during its Business Aviation Taxes Seminar on April 28 in Denver.

Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

IRS Guides on Broader Aircraft Bonus Depreciation Eligibility in U.S.

Recent guidance is in advance of more formal rulemaking

IRS guidance clarifies possible eligibility of bonus depreciation for aircraft.

IRS Guides on Aircraft Bonus Depreciation Eligibility

2024 Corporate Aviation Leadership Summit

Hanneke Weitering

Up to $15 million in guaranteed loans will support Eve’s U.S.-based suppliers

U.S. Exim Bank Backs Eve’s eVTOL Aircraft Program

Amy Wilder

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

Financier’s president said borrower interest strong across business jet classes

JetLoan Capital Reports Strong 2025 Financing Activity

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

Peak days declined as pricing stabilized

Jet Card Rates Trailed Behind Inflation in 2025

News and issues concerning general aviation, specifically airplanes and helicopters powered by piston and alternative engines (i.e., non-turbine powered aircraft). Subjects include aircraft, engines, personnel, acquisitions, accidents, safety, security and training.

2025 was the worst big-loss year for aviation in more than a decade

Aviation Insurer: Expect Rates To Begin Climb in 2026

Charles Alcock

News about environmental issues relating to aircraft operations, including noise issues, emissisions, and regulations. See Fuel for biofuel.

Per-passenger tax has been backed by the Netherlands’ House of Representatives

EBAA Opposes Dutch Tax on Business Jet Charter Flights

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

News and issues relating to the aerospace industry that are related to the science, engineering and business of flight in space involving civil, industrial and military applications, and similar topics related to flight in the atmosphere of the Earth that are not covered more directly by other AINonline subject channels. In other words, both astronautical and aeronautical subjects, except for those aeronautical topics that are specifically covered elsewhere on this website.

Cash flow has got the better of some advanced air mobility players

Financial Gulf Widens Between Electric Aviation Contenders

News and issues relating to international air transport and cargo carriers, national airlines and regional airlines, including aircraft, engines, personnel, acquisitions, accidents, safety, security and training.

Higher per-passenger duties will apply to smaller aircraft from April 2027

Aviation Groups Protest UK Air Passenger Duty Change

News and issues about aviation maintenance, repair and overhaul (MRO), covering all segments of the aviation industry; and modifications for aircraft and engines. Subjects include product support of aircraft, engines and avionics, MRO company mergers, acquisitions, announcements and personnel, Airworthiness Directives, Supplemental Type Certificate approvals and other topics.

More In Finance, Taxes, Insurance