N724FS

This airframe, registered as N724FS, is a 2005-built Learjet 45 with manufacturer serial number 2033. The jet is registered in the United States and is owned by individual SMITH FRANK FORD JR, based in Wilmington, DE. The airframe’s provenance reflects a single known private ownership record; registered to SMITH FRANK FORD JR in Wilmington, DE, US. Valuation at the time of the latest data is listed at $2,400,000, reflecting market position for mid-2000s light business jets with the Learjet 45 type certification and typical equipment fit.

The aircraft carries an executive flat-floor cabin configured in the standard Learjet 45 executive interior, with a typical 8–12 passenger club/forward cabin layout and seating listed as 12. Avionics are installed from the Honeywell Primus-series, with typical installations for this model including Primus 1000 or Primus II variants; this gives the airframe modernized navigation, communication and flight management capability consistent with business operations. With a cruise of 445 kts and a range of 1,700 nm, the jet is suited to regional and continental corporate missions, shuttle flights, and on-demand charter sectors out of its Wilmington, DE base. Maintenance considerations follow Learjet 45 programs for TFE731-20 engines and Honeywell avionics support pathways; flat-floor executive cabins require interior lifecycle management consistent with mid-2000s finishes.

The Learjet 45 family occupies the light-to-light‑medium business jet niche, offering high cruise speeds and transcontinental capability for its class, exemplified by the 1,700 nm range and 445 kt cruise of this airframe. Competing models historically include Cessna Citation Excel/Excel family and Bombardier Learjet predecessors and successors in owner-operator and charter markets. Buyer demand for 2005 Learjet 45 examples is sensitive to maintenance status, avionics fit and engine program status; the listed $2,400,000 valuation aligns with mid-life pricing where airframe condition, interior refurbishment and avionics upgrades (e.g., Primus variants) materially affect resale prospects.