N558LM

This airframe, registered as N558LM, is a 2006-built Learjet 45XR with manufacturer designation Learjet / Bombardier and constructor serial number 45-312. It is owned by CORSAIR TWO LLC (an LLC based in Hillsboro, OR) and carries United States registration. The airplane has been configured and operated in LifeMed Alaska service for medevac missions, and its corporate role has also seen it returned to a standard executive flat-floor layout when required. Valued at $2,200,000, the airframe presents a mixed-use history between medical evacuation and corporate transport roles.

The aircraft is actively configured/operated for medevac work with stretcher and medical fittings while in LifeMed Alaska service, and it can be reconfigured to a standard executive flat-floor layout accommodating 8–9 passengers in corporate use. Avionics are fitted with a Honeywell Primus 1000 suite (typical for the Learjet 45 family), noting that some XR examples have been upgraded to Primus Elite in other instances. Typical missions for this specific airframe include medium-range medevac flights and regional corporate hops consistent with its range and cruise performance, operating from the owner’s base in Hillsboro, OR when not deployed in medevac service. Maintenance considerations reflect the dual-role service history, where medical interior fittings and rapid reconfiguration capability factor into cabin upkeep and certification cycles.

The Learjet 45XR sits in the light-to-midsize business jet niche, offering high-speed cruise and a 51,000 ft ceiling that suit quick regional transit and time-critical medevac operations. Competitors occupy similar mission and performance profiles, and aircraft with mixed medevac/corporate histories like N558LM typically attract operators needing flexibility rather than a pure luxury interior. Resale and maintenance considerations for this airframe are influenced by its specialized medical interior installations and the state of mission equipment, which can affect refurbishment costs and market positioning despite a modest market valuation.