N550BJ

This article describes airframe N550BJ, a production Cessna 550 Citation Bravo built in 2002 by Cessna Aircraft Company and carrying manufacturer serial number 550-1029. The jet is registered in the US and is owned by MMP AIR LLC, an LLC based in Eugene, OR, US; ownership is held in corporate name with the operator/home base in the owner's locale. The airframe is presented with a market valuation of $2,145,000, reflecting its age, equipment fit and typical condition parameters for its series.

The interior of N550BJ is laid out as a 7-passenger center-club executive layout with belted aft lavatory and forward refreshment center, configured for executive transport and short- to medium-haul corporate missions. Avionics and onboard safety systems are fitted as factory/upgrade equipment: Honeywell Primus 1000 (three-tube) with Universal UNS-1Lw FMS; Honeywell Mark VII EGPWS; Honeywell TCAS I; Collins ALT-55B radar altimeter, supporting IFR operations and standard terrain/traffic awareness. With a typical cruise of 402 kts and a range near 2,000 nm, this airframe is suited to point-to-point regional and transcontinental missions within North America from its operator base; maintenance considerations follow the twin PW530A engine program and systems common to the Citation Bravo series.

The airframe belongs to the Cessna 550 Citation Bravo family, a light business jet segment offering high-speed regional capability and a service ceiling of 45,000 ft. The combination of twin Pratt & Whitney Canada PW530A engines, the Honeywell avionics suite and the executive seven-passenger cabin positions this model for owner-operators and charter operators seeking efficient short- to medium-range performance. Market and resale considerations for this specific airframe reflect its equipment fit, serial/production position (550-1029) and the reported valuation of $2,145,000, with ongoing maintenance and upgrades driving operational availability and long-term value.