Kerry Lynch

Kerry Lynch

Kerry was Managing Editor of The Weekly of Business Aviation until November 2014.

Articles
Questions for Steven Levesque

1.  You have built a foundation for a chain now with five facilities.  What are your long-term plans?

Levesque: We started the year with two and added facilities in Chicago, Atlanta and Eau Claire, Wisconsin. We would like to grow to 15 or 20 facilities. But we want to grow smartly and in the right way.  We are not in a rush.  We have looked at a lot more than we have attempted to acquire.

2.  What do you look for in a potential acquisition?

R&D, Bonus Depreciation Talks Draw White House Opposition 

White House officials are opposing a potential agreement by congressional leaders to either extend or make permanent a number of expired tax breaks, including bonus depreciation, the research and development (R&D) credit and small-business expensing. 

Reported early last week, the negotiations mark a compromise between the House—which is pushing to make some of the tax breaks permanent on a piecemeal basis—and the Senate, which has drafted a straight, two-year extension on about 50 different measures.

Confidence Increases In Industry Rebound 

Increased light-jet sales activity, improved operations in North America and a continued decline of used-aircraft inventory are increasing confidence that the long-awaited business aircraft recovery is finally arriving.

Business jet deliveries have increased 7% through the third quarter, and are expected to end 3% higher for the year, analyst firm J.P.Morgan predicts. This would mark the first increase of more than a percentage point since the downturn began in 2008. In 2013, the industry stabilized with a 0.9% increase, following four consecutive years of decline. 

Business Aviation Flight Hours Improve 

Global business aviation flight hours are inching up on the strength of an uptick in the Middle East, South America and Europe, according to hourly cost maintenance provider JSSI.  

JSSI’s Business Aviation Index tracks business aircraft flight hours by region, industry and aircraft. In the third quarter, global flight hours edged up 2%, and through the first three quarters business aviation activity is up 2.2%.

Champions in Caucus 

Over the past several years, the still relatively young House and Senate General Aviation Caucuses have emerged into some of the strongest and largest on Capitol Hill. The House caucus, which exceeds 250 members, is the largest in the chamber, while the Senate caucus stood strong at 40 members.

R&D, Bonus Depreciation Talks Draw White House Opposition 
Congressional leaders are negotiating over bonus depreciation and research and development tax breaks, but are running into resistance from the White House.
Drug/Alcohol Testing Rates To Stay At Minimums in 2015 

FAA is maintaining the minimum percentages for random drug and alcohol testing in 2015, after the industry once again remained well-below its positive-rate thresholds for 2013.

Federal law requires randomly testing a minimum of 25% of employees in safety-sensitive roles for drugs, and 10% for alcohol. But to be able to test to those minimum percentages, the prior year’s positive rate must remain below 1% for drug testing, and below .50% for alcohol. 

 
Blogs
Mar 2, 2015
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1969: The Concorde's Hopeful First Flight 2

On March 2, 1969, Aviation Week’s Donald Fink was on hand to witness the first flight of the supersonic Anglo-French Concorde in Toulouse, France....More
Mar 1, 2015
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U.S. Spacewalkers Complete Space Station Docking Port Antenna Installations, Cable Extensions 3

"That was an amazing effort," said NASA spacewalker Terry Virts....More
Feb 27, 2015
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NavWeek: Running With the Pac

The general feeling among many of China’s naval neighbors and in U.S. military circles is that China has been turning into a bit of a bully in (re)staking territorial claims in the seas off its coasts....More
Feb 27, 2015
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A400M Faces Production Challenges in 2015

Initially, Airbus was supposed to deliver 22 aircraft to at least four customers this year....More
Feb 27, 2015
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Pilot Report: Flying The Embraer 170 (2003)

Former Editor-in-Chief Dave North wrote pilot reports on more than 120 aircraft during his career at Aviation Week. His visits to Embraer began in 1978, long before the Brazilian company’s privatization and emergence as a powerhouse in regional jets. Here, he recalls his Embraer experiences, culminating in a test flight of the E170....More
Feb 26, 2015
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France's Defense Procurement Agency Saved By Rafale Sale

French exports were up in 2014, but the year ahead brings uncertainty....More
Feb 25, 2015
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Inside The Roc's Lair 18

A rare glimpse of the world's largest aircraft under assembly in Mojave, California...More
Feb 25, 2015
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Pilot Report: Aviation Week Flies The Lockheed Martin U-2 (1999)

In 1999 Aviation Week's former Editor-in-Chief reached the highest altitude he had ever flown, in a U-2. Read his pilot report....More

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