N928PS

This airframe, bearing tail number N928PS, is a Cessna Citation III (Model 650) with serial number 650-0116. The aircraft is on the U.S. civil registry and is held by the corporate owner PEGASUS II LLC, located in Nashville, TN, US. Build year and detailed factory acceptance dates are not published in the available data; however, the airframe is identified in records by its serial and registration combination. The listed market valuation for this specific airframe is $799,667, a datum that highlights its present assessed monetary condition relative to its model class and service history. Registered in the United States under corporate ownership, the airframe’s registry entries and valuation notes provide the primary public indicators of its operational status.

The airframe is outfitted in a 12-seat executive layout, consistent with the standard Citation III executive cabin fit which can vary by operator. Its mission profile is typically short-to-medium‑long range executive transport, capable of transcontinental U.S. flights and regional international trips within its 2,348 nm range while maintaining high-speed cruise near 422 kts. Based on the corporate owner’s location, routine operations and maintenance are likely managed from the Nashville, Tennessee area, with operator scheduling oriented toward business charter, corporate travel, or owner-use patterns. Avionics fit and specific interior amenities for this airframe are not published; maintenance considerations follow the TFE731 engine family and Citation III airframe programs.

The Cessna Citation III (Model 650) occupies a mid-size business jet niche notable for high altitude capability (up to 51,000 ft) and efficient twin TFE731 powerplants producing 3,650 lbf of thrust each. It competes historically with other late‑1970s/1980s mid‑size business jets in charter and corporate fleets, where buyer demand focuses on proven reliability, cabin seating for up to 12, and transcontinental capability. Resale and maintenance considerations for this specific airframe are strongly influenced by engine status, avionics modernization, and the airframe’s logbook completeness; the reported valuation of $799,667 reflects these combined market and condition variables.