N823HM

This entry covers airframe N823HM, a 2008-built Learjet 45 manufactured by Learjet Inc with serial number 371. The airframe is registered in the United States and is recorded as owned by the corporation CYPRUS CENTER SERVICES LLC, located in Gilbert, AZ, US. The single-entity ownership and U.S. registration suggest a civil corporate operator basing the aircraft in the owner’s locality; the airframe’s registration and valuation have been maintained in owner records. The airframe is valued at $2,500,000, reflecting its configuration and market position for a 2008 model.

The airframe configured with 12 seats positions N823HM for executive transport, high-speed point-to-point travel and small-group charter or corporate shuttle missions. With a cruise speed of 465 kts and a design ceiling of 51,000 ft, operating profiles typically emphasize rapid climb to high cruise altitudes for fuel-efficient, time-sensitive routing over ranges up to 1,971 nm. The twin Honeywell TFE731-20BR engines provide the thrust rating of 3,650 lbf each to support short-field performance and high-altitude cruise. Based in the owner’s locality in Gilbert, AZ, US, line maintenance and scheduled inspections would be carried out by corporate-approved facilities; cabin layout and avionics fit are as-built for the Learjet 45 standard executive interior and cockpit equipment for the model year unless modified by the owner.

The Learjet 45 occupies the light to mid-size business jet niche offering high-speed cruise and transcontinental capability within its 1,971 nm range. Demand for late-2000s-model airframes like this is driven by operators seeking a balance of speed, altitude capability to 51,000 ft, and seating for up to 12 passengers. Resale and maintenance considerations for N823HM center on engine time on the Honeywell TFE731-20BR pair, adherence to scheduled inspections, and the airframe’s 2008 vintage and serial 371 provenance, factors that inform the recorded market value of $2,500,000.