N501RP

This article covers the airframe bearing tail number N501RP, a Gulfstream G150 built in 2013 with serial number 308. The airframe is registered in the United States and is owned by PTS AS LLC, an LLC based in Reading, Pennsylvania, which appears in registry data as the primary operator/registered owner. There are no other published ownership events for this airframe in the supplied data; current valuation records list the aircraft at approximately $4,500,000, a figure that reflects used-market pricing for late-model G150s with typical avionics fits and standard maintenance status. The airframe’s U.S. registration and single-owner registry entries are notable for easing transfer and operational oversight.

The installed cabin for this specific G150 is described as a typical seven-place executive layout, although registry entries and some configurations for this airframe list up to 11 certified passenger positions, including belted-lavatory arrangements for higher-capacity operations. Avionics are representative of the type: the aircraft is commonly equipped with Collins Pro Line 21 suites (and many G150s have later WAAS/LPV upgrades), a configuration noted in the data supplied for this airframe. Typical missions for this airframe would include domestic U.S. executive transport and regional charter flights from its owner/operator base in Reading, PA, with cruise speeds near 447 kts and intercity ranges approaching 2,988 nm. Maintenance considerations align with older G150 fleet norms: attention to Honeywell TFE731 program status and avionics upgrades when present.

The Gulfstream G150 occupies the mid-size light-medium business jet niche, offering transcontinental capability for many U.S. city pairs while retaining ramp access advantages of smaller-cabin types. Competing models include late variants of the Cessna Citation family and Embraer Legacy/Phenom variants that prioritize cabin flexibility or lower operating costs. For a 2013 build with the specified engine and avionics fit, buyer and charter demand are influenced by engine program status, avionics modernity (Pro Line 21 with WAAS/LPV upgrades is favorable), and certified seating flexibility up to 11—all factors that affect maintenance reserves and resale dynamics for this airframe.