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). Lynch graduated from The Ohio State University with a bachelor of arts in journalism.

Editor, AIN monthly magazine

Kerry Lynch

Business aviation financier Global Jet Capital (GJC) continues to expand its business base, closing on its eighth asset-backed security—BJETS 2024-2—that raised another $617 million. The latest securitization brings the total assets securitized at GJC to about $5.8 billion and bonds issued to $4.8 billion.
BJETS 2024-2 securitizes 29 aircraft loans and leases with corporations and global business leaders from 18 different industries covering 12 different business aircraft models. Aircraft involved are primarily midsize and large-cabin jet models.
“We are pleased with the success of our latest issuance, which underscores the strength of the BJETS securitization program and the strong performance of our previous ABS transactions,” said GJC CEO Vivek Kaushal. “As we celebrate the tenth anniversary of our founding, our growing investor base reflects the capabilities of our platform.”
The BJETS 2024-2 offering—which attracted 37 unique investors including eight new ones—involved a $490.4 million Class A tranche of notes, $79.4 million Class B, and $47.3 million Class C. Global Ratings and Kroll Bond Rating Agency assigned BJETS 2024-2 ratings of A/A, BBB+/BBB, and BB/BB on the Class A, B, and C tranches, respectively.

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

Global Jet Capital Raises Another $617M through Securitization

Business aviation financier has closed on eight asset-back securities

Global Jet Capital closed on its eighth asset-backed security, raising another $617 million and bringing the total assets securitized to $5.8 billion.

GJC Raises Another $617M through Securitization

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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.

In this article

Global Jet Capital

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