N557AB

This entry describes airframe N557AB, a 2002-built Learjet 60 with serial number 60-259. The aircraft is registered in the United States and is registered to LJ60-259 LLC (an LLC based in Memphis, TN, US), which serves as the listed owner and operator/home base. The airframe’s registry and ownership record reflect a single corporate owner structure common to business jets of its vintage, and the current market valuation for this specific aircraft is listed at $2,500,000. Notable registry actions are limited to its corporate registration and standard U.S. registration status.

The cabin of N557AB follows a typical executive layout and is commonly outfitted for 7–8 passengers while retaining an overall capacity of 11 seats; charter configurations may vary and the airframe includes an enclosed aft lavatory in standard executive fits. Avionics fit for this specific airframe is not published in the provided data; operationally, the aircraft’s performance figures (cruise speed and ceiling) support coast-to-coast and point-to-point corporate missions within the continental U.S. The listed owner, LJ60-259 LLC, is based in Memphis, TN, US, indicating a likely home base and maintenance oversight in that metropolitan area. Maintenance considerations follow the Learjet 60 type standard and are typically managed under corporate operator maintenance programs.

The Learjet 60 occupies a mid-size super-light to light business jet niche characterized by high cruise speeds (here 453 kts) and a service ceiling of 51,000 ft, offering rapid point-to-point transport and access to smaller airports. With a range of 2,451 nm, it competes in mission capability with other light-medium business jets in similar class roles; buyer and charter demand for 2002-model airframes is influenced by age, installed equipment, and price—this example’s listed value of $2,500,000 reflects those market considerations. Resale and maintenance economics for this serial are influenced by the PW305A engine type and the airframe’s corporate ownership structure, which typically aids record continuity and traceability.