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1980 Cessna Citation 500 SPJet Aircraft • Fort Worth, TX, USA

This 1980 Cessna Citation 501 I/SP, registration N551MS, presents a professionally maintained platform with 4,998.7 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...

Year
1980
Make
Cessna
Series
Citation
Model
Citation 500 SP
Tail #
N551MS
Serial #
501-0147

Find similar aircraft

Specifications

Category
Jet
Intended Use
Business, Passenger
Flight Rules
IFR
Seats
7

Hours, Logs & Inspections

Total Time
4,998.7 hrs
Engine 1 Time
4,998.7 hrs (SMOH)
Engine 2 Time
4,998.7 hrs (SMOH)
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

Transponder

Dual ATC Transponders (FAR 91.413 certification current per Phase 20)

Audio

Dual Audio Amplifiers Cabin & Cockpit Speakers Telex Headsets

HF

HF Receiver-Exciter HF Control Head HF Power Amp / Antenna Coupler

Additional Equipment

Audio System

Dual Audio Amplifiers Cabin & Cockpit Speakers Telex Headsets

Transponder

Dual ATC Transponders (FAR 91.413 certification current per Phase 20)

HF System

HF Receiver-Exciter HF Control Head HF Power Amp / Antenna Coupler

HF Communication Transceivers

Collins VHF-20A - (Top Comm) (Bottom Comm)

VHF Communication Antennas

CI211-1 - (No. (No.

Autopilot System

SP-200 - Autopilot Computer Autopilot Controller Aileron Servo Elevator Servo Rudder Servo

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
For Sale

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

First Seen: Apr 23, 2025

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Asking Price

$399,500