N492CG

The airframe bearing tail number N492CG is a 1995-built Cessna 560 Citation Ultra, serial 560-0308, with current ownership recorded to SWAN AVIATION LLC of Hattiesburg, MS, US. The aircraft is registered in the United States and operates as a corporate/charter-equipped light business jet; its recorded valuation is $2,200,000, reflecting market position and vintage. Maintenance and equipment fitment are consistent with late-model Citation Ultras, and the airframe’s configuration and registry entries indicate continued active use rather than storage or preservation. Acquisition by SWAN AVIATION LLC represents the most recent notable ownership detail on public record for this airframe.

The aircraft is typically fitted in a seven-to-eleven-seat executive cabin with club seating, a forward galley, and an enclosed lavatory depending on owner fit, matching the common corporate interior themes of the Citation Ultra line. Avionics are commonly the Honeywell Primus 1000 suite in this model, which supports mixed short- and medium-range corporate missions and instrument procedures typical of U.S. operations. With a cruise speed of 430 kts and a range of 1,960 nm, this airframe is well suited to point-to-point domestic and near-international missions operated from its home base in Hattiesburg, MS and similar regional hubs. Maintenance considerations for this specific airframe include age-related inspection cycles for a 1995 airframe and life-limited items tied to the Pratt & Whitney Canada JT15D-5D engines; those factors influence dispatch reliability and operating cost for the owner-operator.

The Cessna 560 Citation Ultra occupies a light-cabin business jet niche emphasizing runway performance, lower operating costs, and executive comfort for short to mid-range routes. Competing models in its era include other light jets from manufacturers such as Learjet and Hawker Beechcraft; demand in resale and charter markets typically favors well-maintained, avionics-upgraded airframes. For this airframe, the combination of a certified ceiling of 45,000 ft, twin JT15D-5D engines, and a certified cruise of 430 kts positions it as a capable regional performer, while the mid-2020s valuation of $2,200,000 reflects both age and continued utility. Buyers and charter operators evaluating this specific serial should weigh typical Citation Ultra maintenance cycles, avionics retrofit potential, and interior refurbishment costs against expected mission profiles.