N241BF

This airframe, registered as N241BF, is a 1981-built Cessna 501 Citation I/SP with serial number 5010214. The airframe is owned by CYPRESS AIRCRAFT SALES LLC, an LLC based in Clermont, Florida, United States, and carries US registration. Acquisition by CYPRESS AIRCRAFT SALES LLC represents the most recent documented ownership record for this airframe. Current valuation and public-condition highlights list the airframe value at $424,000, reflecting its age and market position within the light twin-jet category.

The aircraft features an eight-place executive layout typical for the Citation I/SP, configured to carry up to 8 occupants in a compact corporate interior. While specific avionics and interior fit for this serial are not published in the provided data, the airframe’s operational profile is consistent with short- to mid-range business missions enabled by a 1,328 nm range and a cruise speed of 357 kts. The registered operator base in the United States and ownership by a Florida-based LLC suggest regional operations centered on the Eastern U.S., with mission sets commonly including business travel, repositioning flights, and light charter service. Maintenance considerations for this airframe are driven by its 1981 build year and the Pratt & Whitney Canada JT15D-1 powerplants, factors reflected in its current market value.

As a member of the early Citation light twin-jet family, the Cessna 501 Citation I/SP occupies the short-range, high-speed business jet niche, demonstrated by a 357 kt cruise and 41,000 ft ceiling. The airframe’s modest valuation of $424,000 corresponds to its vintage and operational economics, influencing buyer and charter demand toward operators seeking lower acquisition cost with attendant maintenance and systems-refresh considerations. Resale and maintenance profiles for this serial will be shaped by engine program status, interior refurbishment needs, and remaining structural/time-based inspections typical of aircraft of this era.