N515CP

The airframe, registration N515CP, is a 2006-built Cessna Citation XLS (560XL) with manufacturer serial number 560-5626. It is recorded as owned by FAC LOGISTICS LLC of Rocky Mount, NC, US, which serves as the operator and primary base for the type in corporate logistics service. The airframe carries a US registration and, in common with XLS specifications, has Honeywell avionics and a specification-typical cabin; its market valuation is listed at $4,000,000. No other ownership transfers or notable registry actions are published beyond the current LLC ownership and US registration.

The installed cabin for N515CP reflects the typical executive club layout seating 8–9 passengers with a belted lavatory and an integrated refreshment center; an aft external baggage compartment provides roughly 80 cu ft of storage. Avionics aboard conform to the Honeywell Primus-series EFIS fit typical of the XLS specification, supporting standard corporate IFR operations and regional high-speed point-to-point missions. Typical missions for this airframe—given its listed range of 1,989 nm and cruise of 433 kts—include transcontinental and offshore logistics, company shuttle runs, and on-demand charter work originating from the Rocky Mount area. Maintenance considerations follow XLS program practices for Pratt & Whitney Canada PW545B-equipped Citation 560XL airframes, with emphasis on Hot Section inspections, avionics updates, and landing gear/airframe log continuity for valuation preservation.

The Cessna Citation XLS (560XL) occupies the light-medium business jet niche with a blend of cabin comfort and short-field performance; its cruise of 433 kts and 45,000 ft ceiling make it suitable for competitive regional and continental missions. Competitors in the segment typically include the Learjet 60/75 series and Embraer Legacy/Phenom derivatives, with buyer and charter demand focused on operating economics, dispatch reliability, and cabin flexibility. Resale and maintenance outlook for a 2006 XLS like N515CP centers on engine program status for the PW545B pair, avionics currency of the Honeywell Primus suite, and documented upkeep—factors that materially affect liquidity around the reported $4,000,000 valuation.