N40XR

This airframe, registered as N40XR, is a 2005-built Learjet 45 with serial number 2028. The manufacturer is recorded as Learjet Inc., and current ownership is held by PALACE AVIATION INC TRUSTEE, a corporate trustee based in Wilmington, DE, US. The aircraft is listed on the US registry and is recorded with a market valuation of $2,500,000; registry entries reflect a 12-seat configuration despite the model's common executive layouts. Notable registry actions include the formal listing of the trustee corporation as owner; no additional transfer or incident history is published in the provided data.

The cabin for this specific airframe is described as a typical executive layout featuring double-club seating, a forward galley, and an aft lavatory, with the common interior fit being for eight passengers despite the registry showing 12 seats. Avionics fit is consistent with the Honeywell Primus family, typically installed with dual UNS-1EW flight management systems on this airframe. Operational roles for N40XR would align with short- to midsize corporate transport and on-demand charter sectors, leveraging its transcontinental-ish range of 1,841 nm and cruise of 436 kts to serve business missions. Maintenance considerations follow from its twin TFE731-5BR-2C engines and the common Primus avionics suite, which influence support contracts and component lifecycle planning.

As a member of the Learjet 45 family built by Learjet Inc., this airframe occupies a light-to-mid-size business jet niche focused on speed and high-altitude performance up to 51,000 ft. Competing models would typically be other light-cabin business jets offering similar cruise speeds and ranges; buyer and charter demand is influenced by the airframe’s executive cabin flexibility (8‑passenger typical) versus the registry’s 12-seat record. Resale and maintenance considerations for this specific 2005 airframe include age-related component life limits, engine and avionics support for the Honeywell TFE731-5BR-2C and Primus/UNS-1EW systems, and its stated market valuation of $2,500,000.