N299RK

This article covers the specific airframe registered as N299RK, a factory-built Cessna 550 Citation Bravo constructed in 2002 with serial number 550-1027. The documented owner is the corporate entity GASSER LLC based in Midland, TX, which serves as the operator/home base for the aircraft under a US registration. Notable registry and ownership records identify the airframe as corporate-operated; valuation records list the aircraft at $2,150,000, reflecting market condition indicators for a early-2000s Citation Bravo in corporate service.

The on-board environment for N299RK follows the typical Bravo executive arrangement: a 7‑place executive center‑club layout with belted aft lavatory (typical Bravo layout), providing a small corporate cabin optimized for short‑to‑medium haul executive transport. Avionics are listed as Honeywell Primus 1000 (typical Bravo fit; may have retrofits), a configuration that supports modern flight management and situational awareness consistent with the aircraft’s intended corporate mission. With a cruise speed near 394 kts and a maximum practical ceiling of 43,000 ft, the airframe is typically employed on intrastate and regional missions up to its 1,900 nm range, operated from its Midland, Texas base by the corporate owner. Maintenance and operational considerations for this specific airframe emphasize conservation of service life on the Pratt & Whitney Canada PW530A engines and periodic avionics retrofits that are common for Bravos of this vintage.

The Cessna 550 Citation Bravo occupies the light-cabin, fixed-wing multi-engine niche, combining modest operating costs with transcontinental-short-range capability; this airframe’s performance figures—394 kts cruise and 1,900 nm range—illustrate that role. Competing models in the segment often attract similar corporate and charter buyers seeking a seven-seat executive layout and single-pilot capable avionics suites; ongoing demand is influenced by avionics upgrade history and engine life. For N299RK, factors affecting resale and lifecycle economics include the condition of its PW530A engines, documented maintenance history, and any updates from the base Honeywell Primus 1000 fit, all of which bear directly on the listed valuation of $2,150,000.