N204CA

The airframe bearing tail number N204CA is a 1978-built Cessna 501 Citation I/SP, serial number 501-0283, registered in the United States. The aircraft is recorded as owned by VEE TWO INC, a corporate owner based in Merritt Island, Florida, and appears on civil registers with that corporate operator as its home base. The airframe has a reported valuation of $549,000 and condition/upgrade notes in broker listings indicate at least one avionics modernization. Registration and listing activity tied to VEE TWO INC is the most recent notable ownership entry for this airframe.

The specific airframe is configured in a reported six-seat executive layout suitable for short- to mid-range business missions where seating density and cabin comfort for a small party are priorities. Broker information lists an avionics upgrade to an Avidyne 550, indicating a modernization of navigation and flight-management capability that can support contemporary IFR and cross-country operations. With a cruise speed of 357 kts and a range of 1,328 nm, typical missions for this aircraft under its Merritt Island, FL operator would include regional business shuttle flights, multi-state travel, and point-to-point executive transport. The twin JT15D engines and 41,000 ft ceiling make it appropriate for fast-climb profiles and operations above much commercial traffic, while ownership by a corporate entity suggests utilization for company transport rather than public charter.

As a member of the early Citation family, the Cessna 501 Citation I/SP occupies the light business jet niche offering modest range and efficient twin-engine performance for owner-operators and small corporations. It competes broadly with other light jets for cost-conscious buyers seeking a balance of speed and operating economics; the listed value of $549,000 reflects the aircraft’s age, configuration, and any avionics improvements. Prospective buyers and operators should consider the implications of older airframe maintenance, engine shop visit history, and avionics upgrade status when assessing resale value and ongoing operating costs for this serial-numbered airframe.