1980 Cessna Citation 500 SPJet Aircraft • Fort Worth, TX, USA
This 1980 Cessna Citation 501 I/SP, registration N551MS, presents a well-documented platform with 4,998.7 hours total time on both the airframe and its Pratt & Whitney JT15D-1A engines. The engines were overhauled in December 2003 and have approximately 1,610 hours since overhaul, with about 139 hours remaining until the next hot section inspection, a factor reflected in the aircraft's pricing. The inspection status is current, with Phase 1-4 and Phase 20 completed in June 2025, Phase 12 completed in February 2026, and no major phase events immediately pending. The aircraft is RVSM compliant, with current transponder and altimeter...
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Specifications
- Category
- Jet
- Intended Use
- Business, Passenger
- Seats
- 7
Hours, Logs & Inspections
- Total Time
- 4,998.7 hrs
- Engine 1 Time
- 4,998.7 hrs
- Engine 2 Time
- 4,998.7 hrs
- Inspection Status
- Phase 1-4 completed June 2025 Phase 12 completed Feb 2026 Phase 20 completed June 2025 RVSM compliant Transponder & Altimeter certifications current ELT battery current to Feb 2028 All maintenance tracked in CESCOM.
Avionics
Comms
Collins VHF-20A - (Top Comm) (Bottom Comm)
AP
SP-200 - Autopilot Computer Autopilot Controller Aileron Servo Elevator Servo Rudder Servo
Additional Equipment
HF System
HF Receiver-Exciter HF Control Head HF Power Amp / Antenna Coupler
Audio System
Dual Audio Amplifiers Cabin & Cockpit Speakers Telex Headsets
Transponder
Dual ATC Transponders (FAR 91.413 certification current per Phase 20)
Interior & Exterior
- Interior Notes
- Remarkably nice paint and leather interior.
- Exterior Notes
- Remarkably nice paint and leather interior.
Engine & Propeller
- Engine Type
- Jet
- Engine Count
- 2
- Engine Make
- Pratt & Whitney
- Engine Model
- JT15D-1A
Asking Price
$399,500
Aircraft Location
Fort Worth, TX, USA
Listing Details
- Used
- Fractional Ownership
Price History
Apr 4, 2026: $399,500(-$450) - trade-a-plane
Apr 4, 2026: $399,950(-$69,550) - controller
Mar 19, 2026: $469,500 - controller
+6 more price changes
Contact Seller
Asking Price
$399,500
Aircraft Location
Fort Worth, TX, USA
Listing Details
- Used
- Fractional Ownership
Price History
Apr 4, 2026: $399,500(-$450) - trade-a-plane
Apr 4, 2026: $399,950(-$69,550) - controller
Mar 19, 2026: $469,500 - controller
+6 more price changes
Contact Seller
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1981 Cessna Citation 500 SP
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1974 Cessna Citation 500 SP
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Looking for more Cessna Citation 500 / I / I/sps?
Find the perfect Cessna Citation 500 / I / I/sp for you. Browse over 5,000 aircraft for sale and filter by specifications, avionics, useful load, and more...
Looking for more Cessna Citation 500 / I / I/sps?
Find the perfect Cessna Citation 500 / I / I/sp for you. Browse over 5,000 aircraft for sale and filter by specifications, avionics, useful load, and more...
Asking Price
$399,500