N540JL

This airframe, registered as N540JL, is a 2023-built Cessna 525 Citation M2 Gen2 with serial number 525-1138. The aircraft is owned by BANK OF UTAH TRUSTEE, a corporate trustee based in Salt Lake City, UT, US, and remains registered in the United States. The airframe entered service in 2023 and is recorded under a corporate trustee ownership structure, a common arrangement for owner-flown and managed business jets; no prior individual owner history is published in the supplied data. The aircraft’s assessed market value is $6,150,000, reflecting a late-model Gen2 configuration and typical executive specification.

The cabin of this Citation M2 Gen2 is equipped in an executive center-club main arrangement designed for business transport, with a typical six-passenger configuration in the main cabin plus additional capacity to reach the published 8 seats when including a right-hand side-facing belted lavatory seat and optional swivel seats. Avionics fit reflects the Gen2 typical installation of a Garmin G3000 suite, and the platform is capable of accepting the autothrottle option available on Gen2 models. With a mission radius supported by a 1,550 nm range and 404 kt cruise speed, the airframe is optimized for short- to mid-range corporate hops and on-demand charter missions, frequently operating from the owner’s Salt Lake City area base. Maintenance considerations follow Williams FJ44 engine schedules and typical Textron Aviation service programs for Gen2 Citation models.

The Cessna 525 Citation M2 Gen2 occupies the light-cabin, entry-level business-jet niche, offering turbofan economy, cockpit modernization with Garmin G3000, and runway performance attractive to owner-operators and charter fleets. Competitors in the segment include newer variants of the Embraer Phenom 300 series and other light business jets that prioritize a blend of operating cost, cabin utility, and range-capability around 1,550 nm. Resale and maintenance considerations for this airframe emphasize the Williams FJ44-1AP-21 engine maintenance cycle and avionics/software currency for the Garmin G3000 Gen2 suite; its assessed value of $6,150,000 positions it within the late-model market for well-equipped light jets.