N506AB

The airframe bearing registration N506AB is a 2003-built Bombardier Learjet 60, serial number 266, manufactured by LEARJET INC. The aircraft is registered in the United States and is registered to LJ60-266 LLC, an LLC based in Memphis, TN, US, which serves as the operator/home base for the type. FAA registration records notably list 11 seats for this airframe despite a typical executive fit; the airframe is valued at $3,000,000 and reflects the market condition for mid-life 60-series Learjets with upgraded systems.

The cabin is fitted in a typical 8-place executive layout with a forward 3-place divan and four single seats, although the FAA registration for this specific airframe records 11 seats; many Learjet 60/60XR interiors are configured for 6–8 passengers. Avionics fit for this aircraft is the Collins Pro Line 21 suite, a common upgrade on 60XR variants that supports medium-range business operations. Operated from Memphis, Tennessee, the airframe is suited to business and corporate missions within its 2,418 nm range and high-speed cruise capability of 436 kts, with maintenance and refurbishing considerations typical for a 2003 airframe and PW300-series engines.

The Bombardier Learjet 60 occupies a mid-size, high-performance light business jet niche, offering high cruise speed and a 51,000 ft service ceiling versus competing midsize models. Typical competitors include other late-model light-to-midsize business jets that emphasize speed and climb performance. Buyer and charter demand for 60-series aircraft often centers on operators seeking rapid point-to-point transport and short field capability; maintenance and resale considerations for this specific airframe reflect its age, engine type, upgraded Pro Line 21 avionics, and the recorded 11-seat FAA registration.