N840PM

This airframe, registered as N840PM, is a 2004-built Cessna 525 CitationJet CJ1 with serial number 525-0541 manufactured by Cessna Aircraft Company. The airframe is owned by CASSILL AIRCRAFT LEASING INC (a corporation located in Cedar Rapids, IA, US) and is registered in the US. No notable registry actions published; the aircraft is listed with an estimated market valuation of $1,700,000. Its category is recorded as fixed-wing multi-engine and the airframe reflects common single-pilot certified configurations found on early CJ1-series jets.

The cabin is described in equipment listings as a typical 6–8 passenger executive layout; single-pilot certified configurations are common on CJ1-series examples and are consistent with this airframe’s fitted seating of 8. Reported avionics fit for this specific aircraft includes a Collins ALT-4000 radio altimeter, Honeywell Mark VIII EGPWS, and a Garmin GNS-530 as noted in equipment listings, supporting standard executive transport and IFR operations. With a cruise speed of 381 kts and a range of 1,161 nm the aircraft is typically deployed on short-to-medium regional business missions and on-demand charter legs from its operator base in Cedar Rapids, IA, US. Maintenance considerations reflect the CJ1’s light-jet systems architecture and the service requirements of Williams FJ44 engines.

The Cessna 525 CitationJet CJ1 family occupies the light business jet niche, offering relatively low operating costs, efficient Williams FJ44 powerplants, and single-pilot certification options attractive to corporate operators and leasing companies. Competing models in its period include other entry-level light jets that trade off range and cabin size for acquisition cost and airport performance. Buyer and charter demand for CJ1-series airframes often focuses on well-documented maintenance history and avionics fit; given this airframe’s avionics items and estimated value of $1,700,000, resale considerations will hinge on engine cycles, inspection status, and completeness of records.