N370LN

The airframe bearing tail number N370LN is a 1973-built Cessna 500 Citation I, serial number 500-0101. The airframe is owned by AIRCRAFT GUARANTY CORP TRUSTEE, a corporation based in Oklahoma City, OK, US, and is registered in the US. As a early-production Citation I with a 1973 build date, it carries the maintenance and inspection considerations typical of vintage business jets; its most recent published market indicator lists a value of $303,330. Registry data for this specific airframe indicate corporate ownership and US registration, with no publicly published notes of recent major modifications or a documented specific cabin refit.

The type-level cabin for the Cessna 500 Citation I is a typical 4–7-place executive layout; for this airframe the configuration is reported as the model-level typical arrangement, while any specific cabin refit is not published. Avionics fit for this airframe are not documented in the supplied data; operators commonly equip Citation I airframes for short‑to‑mid‑range executive missions, regional shuttle and owner-flown transport consistent with the aircraft’s 1,328 nm range and 357 kts cruise. With corporate ownership based in Oklahoma City, OK, US, operational basing and flight activity are likely centered on regional U.S. business routes. Given the airframe age, maintenance planning typically emphasizes structural inspections, engine programs for the JT15D series, and potential avionics upgrades to meet contemporary airspace requirements.

The Cessna 500 Citation I occupies the light-cabin business jet niche as Cessna’s early Citation entry, valued for straightforward systems, efficient JT15D turbofans and favorable field performance. Competing models historically include early Learjet and Beechjet variants; today demand is primarily from cost‑sensitive buyers, owner‑operators and specialty operators seeking economical acquisition costs. Resale and operational considerations for this 1973 airframe center on aging‑aircraft inspections, availability and overhaul costs for JT15D engines, and the modest market valuation ($303,330) which reflects vintage status, typical systems obsolescence and the potential need for avionics and interior updates.