N15CY

The airframe bearing tail number N15CY is a 1980-built Cessna 501 Citation I/SP, serial number 501-0152, manufactured by Cessna (Textron Aviation). The registry records ownership by AIRCRAFT GUARANTY CORP TRUSTEE, a corporate owner located in Oklahoma City, OK, US, indicating a corporate trustee ownership structure rather than an individual operator. The FAA registry lists an 8-seat configuration for this airframe, noted in documentation as 8-passenger executive layout (registry lists 8 seats). Valuation records associate this specific airframe with an estimated market value of $600,000, a figure useful for insurance, financing and asset management actions.

This specific Citation I/SP is configured in an executive cabin layout accommodating 8 passengers, consistent with registry entries that document an 8-passenger executive arrangement. Typical mission profiles for this airframe, given its cruise speed of 357 kts and range of 1,328 nm, would include short-to-medium international hops and domestic business travel from its corporate base in Oklahoma City, OK, US. Avionics fit and specific in-cabin amenities for this serial are not published in the provided data; however, maintenance and operation planning for this airframe must account for twin Pratt & Whitney Canada JT15D-1A engines producing 2,200 lbf each and the attendant engine support and overhaul cycles for that model.

The Cessna 501 Citation I/SP sits in the light business jet category, with a performance niche emphasizing speed and access to smaller airports at a relatively modest acquisition cost compared with newer designs. Competing models in its era and market segment offered similar payload-range profiles; resale and operational value for this particular airframe is influenced by its 1980 build year, recorded serial 501-0152, and the documented valuation of $600,000. Buyers and charter operators evaluating this airframe would weigh the airframe’s age, maintenance history, and the economics of supporting the JT15D-1A engines when considering acquisition or continued operation.