N255LV

This entry covers airframe N255LV, a Gates Learjet 55 built by Gates Learjet Corp and carrying manufacturer serial number 55-004. The aircraft is owned by N255RV AVIATION CORP INC, a non-citizen corporation based in Middletown, DE, US, which serves as its documented operator/home base for registry purposes. Registered to N255RV AVIATION CORP INC represents the principal recorded ownership action in the available data; there are no other published transfers or notable incidents in this dataset. The airframe's market valuation is listed at $1,500,000, reflecting its position as an older midsize business jet in the fixed-wing multi-engine category.

The cabin for N255LV is described in registry notes as an executive layout; industry practice and typical configurations for this airframe usually employ 7–8 place club seating with a forward galley and aft lavatory, although the registry entry lists 13 seats for this individual aircraft. Avionics fit is Collins-based in the baseline description, with the caveat that typical retrofits vary by airframe and may alter equipment lists and operational capabilities. Typical missions for this Learjet 55 airframe include short- to medium-range corporate transport and charter hops within its 2,244 nm radius at a cruise of 400 kts, operating from regional bases such as the owner’s documented location in Middletown, DE, US. Maintenance considerations for this specific airframe follow standard Learjet 55 practices, with particular attention to engine TFE731-series support and avionics modernization cycles.

The Gates Learjet 55 occupies a performance niche as a fast, high‑altitude midsize business jet with a service ceiling of 51,000 ft and transcontinental capability in many mission profiles. Competing models in the era and secondary market include other light-to-midsize business jets that offer similar speed and climb performance; buyer and charter demand tends to favor airframes with updated avionics and interior refurbishments. Resale and maintenance considerations for this airframe family emphasize engine life management for the Garrett (Honeywell) TFE731 series, avionics retrofit costs (Collins-based or equivalent), and interior refurbishment to convert registry-capacity listings into commonly marketed executive layouts.