N53KV

The airframe bearing tail number N53KV is a 1993-built Cessna 525 CitationJet (serial 525-0030) manufactured by Cessna (Textron Aviation). The airframe is recorded as owned by BANK OF UTAH TRUSTEE, a corporation based in Salt Lake City, UT, US, and is registered in the US. Ownership is held through a trust structure, reflecting a corporate trustee arrangement rather than a named individual operator; this ownership status has governed its registration and operational oversight. The listed market valuation for this specific aircraft is $1,250,000, a figure that serves as a snapshot of its assessed worth given age and configuration.

This individual CitationJet is configured for an 8-seat layout typical of light business jets of its class, optimized for short to mid-range corporate transport and charter missions. With a cruise speed of 381 knots and a published range of 1,248 nautical miles, the aircraft is suited to regional point-to-point itineraries from its operator base in Salt Lake City, UT or similar hubs. Its twin Williams FJ44 engines, each producing 1,900 lbf, support high-altitude cruise to a certified ceiling of 41,000 feet, aiding in efficient climb and fuel burn profiles on typical routes. Maintenance considerations for this airframe follow standard CitationJet practice, with attention to component life limits and systems common to early-production 525 airframes.

The Cessna 525 CitationJet family occupies the light business jet niche, offering relatively low operating costs and single-pilot capability compared with larger cabin jets. Competing models in its era include other light jets that emphasize short-field performance and lower acquisition costs. Given the airframe’s 1993 build year and the trustee ownership structure, resale and maintenance planning typically factor in age-related inspection cycles and brokered market demand; the reported value of $1,250,000 situates this airframe within the used-light-jet market where demand is sensitive to avionics, engine hours, and overall refurbishment condition.