N623PM

This article concerns a single airframe, the business jet bearing tail number N623PM, a 1992-built Cessna product with manufacturer designation Cessna 650 Citation VII and serial number 650-7018. The airframe is owned by LAL HOLDINGS LLC, an LLC based in Gallatin, TN, US, which serves as its operator/home base in the registry. The aircraft is registered in the US and is recorded with a market valuation of $2,000,000. Notable registry action includes its recorded ownership under LAL HOLDINGS LLC in the U.S. registry, reflecting its private corporate address and status.

The specific cabin layout for this airframe is configured for 12 seats, indicating a typical executive passenger arrangement consistent with Citation VII interiors. Avionics and exact fit are not published beyond model-standard equipment, but operations have been recorded under the corporate owner based in Gallatin, TN, US, suggesting use in private corporate transport and regional multi-stop missions. Typical mission profiles for this airframe include cross-country trips within its 1,715 nm range at a cruise speed near 417 kts, exploiting the jet’s high-altitude capability up to 51,000 ft for fuel-efficient cruise and favorable routings. Maintenance considerations follow the Cessna Citation VII program and any corporate owner-specific schedules; the current valuation of $2,000,000 indicates a mature airframe with corresponding maintenance and lifecycle status for a 1992 build.

The Cessna 650 Citation VII occupies the light to mid-size business jet niche within Cessna’s Citation family, offering long-range and high-altitude performance via twin TFE731-4R-2 engines producing 4,080 lbf each. Competing models occupy similar mission profiles, and buyer or charter demand for this vintage is influenced by age, maintenance history, and the advertised valuation of $2,000,000. Resale and maintenance considerations for this airframe center on the economics of operating a 1992-built Citation VII: avionics modernization, engine program status, and the remaining structural and interior lifecycle relative to its certified ceiling of 51,000 ft and operational cruise of 417 kts.