N64MG

This airframe, registered as N64MG, is a 2001-built Learjet 60XR with serial number 60-224 manufactured by Learjet Inc (Bombardier Aerospace). It is owned by TAM LOGISTICS LLC, a Boston, Massachusetts-based limited liability company, and is U.S.-registered for fixed‑wing multi‑engine operations. The aircraft’s registry reflects typical part‑ownership transfer and corporate acquisition entries associated with business-jet fleets; notable ownership remained with a single LLC operator in Boston at the time of valuation. Current condition and equipment level support a market valuation of $13,650,000.

The cabin is configured in a typical executive club layout with seating for 6–8 pax forward and mid‑cabin, supplemented by a belted lavatory seat, an enclosed aft lavatory, and a small galley—supporting mixed corporate transport and on-demand charter missions. Avionics on this airframe follow common upgrade paths for the model and are noted as the Rockwell Collins Pro Line 21 suite in retrofit/optioned examples, aligning the type with contemporary navigational and situational awareness standards. Based in Boston, MA, the operator’s mission profile for N64MG likely includes medium‑range domestic and transcontinental hops within the aircraft’s 2,451 nm capability, business shuttle work, and ad hoc charter operations; maintenance considerations follow Learjet 60XR program norms, including engine and avionics shop visits consistent with PW305A and Pro Line 21 support.

The Learjet 60XR occupies a mid‑size, high‑performance business‑jet niche offering high cruise speed (453 kts) and a 51,000 ft ceiling, competing against light‑ and mid‑size types that balance speed with range. Common competitors include other late‑model midsize business jets that emphasize short‑field performance and rapid climb. Buyer demand and resale considerations hinge on installed avionics (the Pro Line 21 retrofit improves marketability), engine time on wing for the PW305A pair, and the documented corporate ownership and maintenance history reflected in the aircraft’s valuation.