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

Tariffs and potential tax incentives have brought a wave of uncertainty in the U.S. preowned aircraft market, with deals once completed rapidly now slowing, according to brokerage firm Hagerty Jet Group. Following the presidential inauguration, “the phones started blowing up. Deals were getting done at a frenzied pace,” Hagerty Jet noted.
But by February, the industry turned to tariffs and what that meant. It also took note of pledges to bring back 100% expensing retroactive to January 20. “The business aviation industry celebrated the indication of the return of bonus depreciation, which includes new and used business jets,” Hagerty Jet maintained.
Even with those positive trends, against the backdrop of the evolving nature of the tariffs, Hagerty added, “It’s hard to predict what 2025 will bring for business aviation.” Deals are still getting done into April, but many of them started months earlier.&nbsp;
“The enticement of bonus depreciation could outweigh the lack of consumer confidence and keep prices flat or even bump them up,” the firm said. However, “buyers could step to the sideline and wait for clearer forecasts, which could slow transactions and push prices down.”
Savannah, Georia-based Hagerty, which was founded in 2015 by James Hagerty—a former Gulfstream and Avpro sales professional, also publishes a report focusing on the Gulfstream market. The firm, which is not affiliated with Gulfstream, estimated the Savannah, Georgia manufacturer delivered 15 of its flagship G700s in the first quarter and noting that parent corporation General Dynamics is anticipating 150 jet deliveries in 2025, a cautious number reflecting supply chain uncertainties. The G800 remains on track for market entry in upcoming months, but the company is not planning for deliveries of the G400 this year.
As for the preowned Gulfstream market, 25 G650/G650ERs were on the market in the first quarter, 10 of which were U.S.-registered. Six deals are pending, with 19 available. Average days on the market declined in the quarter to 153 days, the lowest in a year. Asking prices range from about $32 million to $43.5 million, according to Hagerty.
Meanwhile, 29 preowned G550s were on the market. Hagerty noted that with the G700 impacting fleets, “transactions for G550 do not seem like they will be going down anytime soon.”

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Tariffs and Tax Incentives Making Business Jet Market Predictions Murky

Deals are slowing and the future is hard to predict, Hagerty Jet Group reports

Hagerty Jet Group reports a frenzied market that slowed as tax incentives and tariffs are bringing uncertainty to the market.

Tariffs, Tax Incentives Making Market Predictions Murky

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