N707LM

This airframe, registered as N707LM, is a Cessna 550 Citation II built in 1981 with serial number 550-0398. It is owned by Flying Ace 75 LLC, an LLC based in Wilmington, DE, US, and is held on the U.S. civil registry. The aircraft’s administrative record shows ownership by a single LLC in Wilmington; no notable registry actions published are associated with this specific airframe in the supplied data. Condition and valuation details are not published in the provided dataset.

The cabin of this airframe is fitted in a typical executive club layout accommodating 7–8 passengers, with a forward galley/refreshment area and an optional aft lavatory as configured for the model. In operation the aircraft’s combination of 376 kt cruise and 1,900 nm range characterizes it for short- to mid-range executive transport, frequent business-routing, and on-demand charter missions out of its operator base in Wilmington, Delaware. Avionics fit and specific onboard amenities for N707LM are not published in the supplied data; routine maintenance considerations reflect the airframe’s 1981 build year and the service and overhaul requirements of the twin JT15D-4 turbofan powerplants.

The Cessna 550 Citation II occupies the light-to-light-medium business jet niche, offering higher cruise speed and payload flexibility relative to earlier Citation variants while maintaining economical operating costs for its class. With an eight-seat executive layout, a 43,000 ft ceiling and roughly 1,900 nm ferry capability, demand typically comes from owner-operators and charter firms seeking short- to mid-range capability. For an airframe like N707LM, market and resale considerations include age-related systems upgrades, engine maintenance history for the JT15D-4 powerplants, and overall avionics modernization to remain competitive in charter and corporate markets.