N501NY

The airframe bearing registration N501NY is a 1977-built Cessna Citation ISP (Model 501), serial number 501-0038. It is recorded on the U.S. registry and is listed as owned by 501 LEASING LLC, an LLC based in Ocean Springs, MS, US. Publicly available broker listings and equipment reports cite avionics and cabin fitments for this specific airframe; no separate operator name beyond the registered owner is published in the provided dataset. The airframe’s long service entry (1977 build) and its specific serial designate it as an early example of the Model 501 line, with condition and valuation typically addressed in sales or broker listings rather than in the registry extract provided here.

The cabin for this airframe is reported in broker listings as an executive six‑passenger layout with a forward single seat and a mid‑cabin 5‑place club, a configuration intended for compact corporate transport and short to medium intercity hops. Avionics reported on broker listings for this specific aircraft include Garmin GNS-430/530 (WAAS) navigation, Sperry SPZ-500 autopilot/flight director, Honeywell KGP-860 EGPWS, and L3 TCAS-I, providing a mixed-era retrofit fit that supports typical single-pilot or two‑pilot IFR operations. Typical missions for this airframe, given its performance and cabin layout, would be executive point-to-point charters, owner-flown business trips, and light corporate shuttle duties from its home base region in the southeastern United States.

The Cessna Citation ISP (Model 501) occupies a light business jet niche emphasizing short-field capability and efficient twin‑engine performance with modest cabin capacity. Its competitors historically include other light jets with JT15D-class powerplants and similar range/cruise tradeoffs. For prospective buyers or brokers, maintenance and resale considerations for this particular serial/year include age‑related systems lifecycle items and the impact of avionics retrofits noted in listings; such retrofit equipment can materially affect utility and marketability but must be verified against logbooks and inspection records for this specific airframe.