N40GP

The airframe bearing tail number N40GP is a 2006-built Learjet 45 manufactured by Learjet Inc, serial number 45-2061. The aircraft is registered in the US and is owned by the corporate trustee BANK OF UTAH TRUSTEE with a recorded location in Salt Lake City, UT, US; this trustee ownership denotes corporate custody rather than direct individual operator control. The aircraft's valuation is listed at $2,300,000, reflecting market condition and age for the model series. No alternate operators or subsequent registry actions are published beyond the trustee ownership indicated.

This specific Learjet 45 is configured with seating for 12, consistent with typical light business jet cabin layouts that prioritize a compact executive environment and short‑to‑mid‑range business missions. The airframe is equipped with a Honeywell avionics fit typical to the series, listed as Honeywell Primus 1000, supporting standard IFR operations, flight management and navigation for the model’s intended profile. Typical missions for this airframe would include point‑to‑point corporate transport and on‑demand charter over ranges up to 1,707 nm at a cruise of about 436 kts, exploiting the model’s high‑altitude capability to 51,000 ft. Maintenance considerations align with twin Honeywell TFE731 engine programs and airframe aging items common to mid‑2000s Learjet 45s; trustee ownership may influence scheduling and oversight through corporate maintenance oversight.

The Learjet 45 family occupies a light business jet niche offering high cruise speed and altitude capability for short‑to‑medium continental missions. Competing models include other light jets with similar payload/range such as variants of the Citation and Westwind families; the Learjet 45 is distinguished by a higher service ceiling and rapid cruise. Buyer and charter demand for a 2006 airframe at the listed $2,300,000 reflects considerations of avionics standardization (Honeywell Primus 1000), engine TFE731 overhaul status, and the aircraft’s maintenance history. Resale and maintenance planning for this serial (45‑2061) will be driven by engine time/overhaul cycles, avionics upgrades, and the corporate trustee ownership structure.