N151SP

The airframe bearing registration N151SP is a factory-built Cessna 501 Citation I/SP completed in 1977 with manufacturer's serial number 501-0021. The jet is currently owned by LUX LEASING LLC, a corporate owner based in Shreveport, LA, US, and is registered in the US civil registry. Its condition and market valuation are reflected by an estimated worth of $610,000, and the aircraft presents as a typical late-1970s Citation I series example with corporate leasing ownership and single-operator custody. Ownership under a Shreveport-based leasing corporation suggests the airframe has been held for corporate or charter deployment rather than private long-term homesteading.

The cabin of this airframe conforms to executive layouts common to the Citation I/SP line, supporting 1+1 and club-style seating arrangements and typically accommodating 5–8 passengers; the model carries a certified single‑pilot option that this individual airframe may be equipped to utilize. Intended mission profiles for N151SP would center on short- to medium-range executive transport and on-demand charter hops within its 1,328 nm range and cruise speed of 357 kts, operating from its home base region in Louisiana and surrounding continental U.S. markets. No specific avionics fit is published for this serial in the supplied data; maintenance considerations for this airframe follow standard Citation I/SP practices for twin Pratt & Whitney Canada JT15D-powered jets and the lifecycle and component support typical for a 1977-built airframe.

The Cessna 501 Citation I/SP occupies a light-cabin, short- to medium-range business jet niche, offering modest operating costs relative to larger jets while providing jet speed and access to smaller airports. Competing models historically include other light business jets of the late 1970s and early 1980s; buyer and charter demand for an airframe like N151SP is influenced by its single-pilot capability, maintenance history, and overall value proposition at a listed $610,000. Resale and maintenance considerations reflect the airframe's age, twin JT15D turbofan systems, and market appetite for older Citation I series aircraft.