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. 

Special Topics
 
Blogs
May 28, 2015
blog

Videos: F-35B Operational Test Trials 15

Aviation Week's Senior Pentagon Editor witnessed aviation history aboard USS Wasp for the first-ever F-35B Operational Test (OT-1) trials off the coast of North Carolina. Watch her videos....More
May 22, 2015
blog

NASA's Dawn Spacecraft Descends Toward Asteroid Ceres for Closer Look at Bright Spots

Images gathered May 16 with cameras from an altitude of 4,500 miles have again prompted speculation the spacecraft has spotted ice deposits on the 600 mile wide minor planet....More
May 18, 2015
Article

Fire In the Cabin 2

While installing a fireplace in a cabin clearly would be a bad idea, Lufthansa Technik develops a technology that uses illuminated water mist with an image of burning wood to create a fireplace for VIP aircraft....More
May 15, 2015
blog

Cardington: Britain’s Airship Heritage 2

Construction of Cardington’s Number 1 shed, currently housing the HAV project, began in 1916 when Construction of Cardington’s No. 1 shed, currently housing the HAV project, began in 1916 when Short Brothers was awarded an Admiralty contract for the development of dirigible airships....More
May 11, 2015
blog

NavWeek: China Coastal Catch 8

China last year accelerated its plans to “reclaim” areas like the Spratly Islands, and the Asian giant is banking on its coast guard to protect its disputed maritime stakes in the region, according to the Pentagon....More

Sign up to Aviation Week Newsletter

Daily analysis on technology advances impacting the global aviation, aerospace & defense industries.

Sponsored Introduction Continue on to (or wait seconds) ×