N365LP

The airframe bearing tail number N365LP is a Learjet 45, serial number 448, operated under United States registry. Ownership is recorded to STROGO LLC, an LLC based in Minneapolis, MN, US; this entity is the listed proprietor in the registry. The registry entry for this airframe specifies a 12-seat configuration, a detail that contrasts with the typical executive cabin layout for the model. Valuation records indicate a market value of $3,400,000, reflecting its position within the pre-owned light business jet market.

The cabin of N365LP is documented as a typical Learjet 45 executive fit with an eight-place double-club arrangement, including a forward galley and a belted aft lavatory, while the official registry lists 12 seats, indicating flexibility between executive and higher-capacity configurations. Avionics for the type are noted as the Honeywell Primus 1000, which is typical for the 45/45XR family and supports the aircraft’s standard IFR and short- to mid-range business missions. Given its range of 1,685 nm and cruise of 425 kts, this airframe is suited to transcontinental point-to-point charters, corporate travel, and high-altitude transit up to 51,000 ft. Maintenance and cabin reconfiguration considerations for this specific airframe would center on its dual-role seating record and the common support requirements for TFE731-series engines.

The Learjet 45 family occupies the light, high-performance business jet niche, offering high cruise speed and a high-service ceiling relative to cabin-class competitors. Typical competitors include other light-cabin midsize jets that prioritize speed and climb performance; buyers often value the Lear 45 for its fast cruise and efficient twin TFE731 powerplant. Resale and maintenance considerations for this airframe reflect its age within the family, documented seating flexibility, and the need for continued avionics and engine support—factors that contribute to the noted $3,400,000 valuation.