N500LR

This airframe, registered N500LR, is a Canadair-built business jet completed in 1987 with serial number 5012. It is a member of the Canadair production line and carries the model designation Canadair CL-600-2B16 Challenger 601-3A. The aircraft is owned by Worldwide Jet Charter Inc, a corporation based in Phoenix, AZ, US, which operates the type in a U.S. registry. Notable entries in the registration history include its continuous U.S. registration and operator marketing as an executive-configured transport; its estimated market value is listed at $2,300,000, reflecting age, configuration, and typical maintenance status for late-1980s Challengers.

This airframe is offered by its operator in an operator-marketed 12-passenger executive layout that includes 4 sleeping berths, a forward galley and an aft lavatory, supporting overnight or transcontinental charter missions. Avionics are listed as Collins Pro Line II in a typical installation, with the possibility of upgrades consistent with the type; this fit supports standard IFR long-range business operations and modern navigation requirements with refurbishments. Based in Phoenix, the operator uses the aircraft for corporate and charter missions across continental U.S. and transborder flights into Mexico and Canada within its listed range, with maintenance cycles aligned to Challenger 601-3A common practices and CF34-series engine support.

The Canadair CL-600-2B16 Challenger 601-3A occupies the late-1980s large-cabin midsize business jet niche, offering transcontinental range with a two-engine configuration. Competing models in the same era and mission profile include early-model Gulfstream and Dassault Falcon variants as well as other Challenger derivatives; buyers and charter customers value the model for cabin volume and range rather than raw speed. Resale and maintenance considerations for this serial include CF34 engine support, avionics upgrade paths such as Pro Line II replacements, and the impact of cumulative flight cycles on market valuation around the published $2.3M figure.