N221VP

The airframe bearing tail number N221VP is a 2004-built example of the Cessna Citation 560XL (Citation Excel), serial number 560-5363, manufactured by Cessna (Textron Aviation). The airframe is recorded as owned by PICABO LEASING LLC, an LLC based in Picabo, ID, US, and is registered in the United States; the current registration and ownership records indicate corporate leasing use. The aircraft’s U.S. registration and leasing ownership profile suggest a role in charter or fractional operations rather than private, single-owner operation. Valuation estimates place this specific airframe at approximately $4,000,000, reflecting age, model desirability, and market conditions for mid-size business jets of its vintage.

This 2004 Citation Excel airframe, as operated under PICABO LEASING LLC, would typically be configured to support up to 13 seats in a corporate or charter cabin layout, offering balanced capacity for short to mid-range business missions. With a cruise speed of 433 kts and a range of 1,858 nm, typical missions for this airframe include coast-to-coast U.S. hops and regional international trips from its base in Picabo, ID. The twin PW545 engines provide sufficient performance to operate at a service ceiling of 45,000 ft, enabling favorable altitudes for fuel efficiency and traffic avoidance. Maintenance and leasing considerations for this specific airframe focus on aging-system checks and continued compliance with Cessna/Textron service bulletins applicable to the 2004 production block.

The Cessna Citation 560XL (Citation Excel) occupies the mid-size, fixed-wing multi-engine business jet niche, offering a combination of cabin capacity and regional range suited to executive transport and charter operators. Competing models in its era include similarly sized jets from Bombardier and Gulfstream family members targeting short-to-medium sectors. For a 2004 serial 560-5363, buyers and lessors weigh maintenance history, avionics upgrades, and engine hours against a market valuation near $4,000,000, with resale and charter demand influenced by interior configuration and recent maintenance/avionics investments.