N718NP

This airframe, N718NP, is an Israel Aircraft Industries-built IAI 1125A Astra SPX with manufacturer's serial number 135 and a model year of 2001. The jet is recorded as owned by BLACKHAWK EQUIPMENT LEASING LLC, a corporation based in Jacksonville, FL, and is U.S. registered. Registry records and listings have noted the airframe's market valuation at $2,000,000, reflecting its age and equipment fit for leasing or charter use. Documentation indicates the airframe is configured and certificated for U.S. operations under its current corporate ownership.

The cabin of this specific airframe is reported to have a typical executive layout for 6–8 passengers as completed, while the FAA certificated seating allows up to 14 occupants, enabling flexible use between corporate transport and higher-density special missions. Earlier listings for manufacturer serial number 135 report a Rockwell Collins Pro Line 5 avionics suite installed, supporting modern navigation and communications capability for regional and transcontinental flight profiles. Operated from a base in Jacksonville, FL under corporate ownership, the aircraft is suited to charter and leasing operations that require transcontinental range and high cruise speed. Maintenance planning for the airframe would follow IAI/Type-specific schedules for the twin Honeywell TFE731-40R engines and airframe systems consistent with light business jet norms.

The IAI 1125A Astra SPX occupies a performance niche as a long-range light-to-midsize business jet, offering high cruise speed and a 45,000 ft service ceiling that appeal to operators needing fast point-to-point capability. Competing models in the same market segment typically include late-model light midsize jets with similar range and speed; valuation of $2,000,000 for a 2001 airframe reflects age, avionics fitment, and market demand for refurbished or leased examples. Buyers and lessees consider total cost of ownership, engine hours on Honeywell TFE731-40R powerplants, and completion standards when assessing resale and operational viability.