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Illustration of a Cessna Citation II. Not a photo of N121MJ.
Illustration of the Cessna Citation II, not a photo of N121MJ.

N121MJ 1984 Cessna Citation II

Serial number 550-0489. Registered to Ial Corp, Lewes, DE, US.

  • 1984Built
  • 8Seats
  • 1,903 nmRange
  • 369 ktCruise
  • 43,000 ftCeiling

INSIDE

The Cessna Citation II cabin.

Illustrations of a typical Cessna Citation II cabin, not N121MJ’s. Every aircraft’s completion differs.

Warm sunlight illuminates cream leather executive seats and wood veneer in the low, narrow Cessna Citation II cabin, viewed aft along the central aisle toward the lavatory.
A typical Cessna Citation II cabin.
Top-down view of a Cessna Citation II cabin. Typical 8-passenger layout: two four-seat clubs, forward refreshment cabinet, aft lavatory and baggage.
Typical 8-passenger layout: two four-seat clubs, forward refreshment cabinet, aft lavatory and baggage.

RADAR ESTIMATE

What N121MJ is worth, and where it’s heading.

Radar's value model doesn't cover the Cessna Citation II on its own yet, so this borrows the Embraer Phenom 300/300E curve, scales it to N121MJ's listing-based estimate and widens the range to match. An estimate, not an appraisal.

N121MJ · On program · wider range

$700K

$510.1K$889.9K
In 2031
$478K
Value kept
68%
Per year
−7.3%
Program effect
$39.6K
Confidence
Low

5-year projection

The Embraer Phenom 300/300E curve, scaled to this Cessna Citation II

$331K$495.8K$660.6K$825.3KNow20272028202920302031On program $478KOff program $406.9K
Engine program
Horizon
Open the aircraft value tool

SPECIFICATIONS

Cessna Citation II specs

Published figures for the type, from public sources. A given aircraft varies with its completion, weight and mods.

Model
Cessna Citation II
Year
1984
Serial number
550-0489
Engines
2 × Pratt & Whitney Canada JT15D-4
Thrust
2,500 lbf each
Seats
Up to 8
Range
1,903 nm
Cruise
369 ktas
Published Mach
0.7
Ceiling
43,000 ft
Fuel capacity
742 US gal
ICAO type
C550

THE AIRCRAFT’S LIFE

N121MJ, from delivery to today.

Registration events from FAA records, compiled November 2025. Maintenance, damage and component history live in the logbooks, not the registry.

  1. Sierra Sierra Enterprises

    Aircraft registered as N489SS (MSN 550-0489) to Sierra Sierra Enterprises (re-registration entry).

    FAA registry
  2. U.S. Marshals Service

    Sealed-bid sale listed (forfeited aircraft) with viewing/sale event reported April 28, 2014.

    FAA registry
  3. Ial Corp

    FAA certificate issued showing registration to IAL CORP (current registrant).

    FAA registry
  4. Ial Corp

    Most recent FAA registration action / update recorded for IAL CORP registration.

    FAA registry

FAA REGISTRATION

Registration details

Registration
N121MJ
Status
Current as of November 2025
Certificate issued
Aug 7, 2017
Airworthiness date
Mar 27, 1989
Last FAA action
Dec 7, 2024
Registration expires
Aug 31, 2027
Mode S code (hex)
A05885
Aircraft category
Fixed-wing multi-engine
Weight class
12,500 to 20,000lbs

From FAA registry data as of November 2025. Check the FAA registry for the current record.

OWNERSHIP

Registered owner

Ial Corp

Corporation · Lewes, DE, US

EQUIPMENT AND HISTORY

As reported in public sources

Avionics
Original Collins/Sperry-era analog suite typical of early Citation IIs; specific current avionics fit for N121MJ not publicly listed
Cabin
Typical executive 7-8 place club/forward-club layout (exact on-airframe configuration not publicly listed)

Listings and registries are not the logbooks. A pre-buy confirms equipment, program status and damage history from the records themselves.

RESEARCH NOTES

About N121MJ

Compiled with AI assistance from the public sources listed below, November 2025. Not checked against the aircraft's logbooks.

Overview

The airframe bearing registration N121MJ is a 1984-built Cessna 550 Citation II, serial number 550-0489, manufactured by Cessna (Textron Aviation). The airframe is recorded as owned by Ial Corp, a corporation based in Lewes, DE, US, and is operated under United States registration. Condition highlights indicate a mature executive light jet with original-era systems and a typical maintenance profile for early Citation IIs.

Operations & Cabin

The cabin for N121MJ follows the typical executive Citation II arrangement, a 7-8 place club/forward-club layout, although the exact on-airframe configuration is not publicly listed; seating capacity is reported as 8. Avionics aboard this airframe are described as the original Collins/Sperry-era analog suite typical of early Citation IIs, with the specific current avionics fit for N121MJ not publicly listed. Operationally, this airframe is suited to short to mid-range executive missions within its 1,903 nm range and cruise speed near 369 kts, and would typically be based from the owner/operator’s local region around Lewes, DE for corporate travel. Maintenance considerations for this aircraft center on systems aging and potential avionics modernization if changes are desired by the operator.

Model & Market Context

The Cessna 550 Citation II occupies the light business jet niche for 1980s designs, offering modest speed, range and cabin comfort for owner-operators and small charter firms. Competing models historically include other light jets of the era with similar capacities and performance; buyer demand often hinges on airframe condition, engine life, and avionics state.

SOURCES

Where this page comes from

Built from FAA registry records, manufacturer specifications, and public flight-tracking and market data, compiled November 2025. Values come from Radar’s aircraft value model. Owners and operators can ask for a correction or removal.

BUYING, SELLING OR FINANCING

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