N56LW: 1981 Cessna 501 (Citation-I/SP design), s/n 501-0314

INSIDE

The Citation 501 six-position passenger example cabin.

Illustrations of a representative Citation 501 six-position passenger example cabin, not N56LW’s. Every aircraft’s completion differs. Citation I/SP long-wing reference for the qualified Model 501 design group. This illustration does not establish installed modifications, equipment or cabin. Cabin illustrates one documented six-position passenger completion, not installed seating on this aircraft. Explore the Cessna 501 (Citation-I/SP design) interior and layout. Cessna 501 (Citation-I/SP design) interior: cabin size and seat map.

Citation 501 six-position passenger example cabin illustration. Actual layout and equipment vary; not a photograph of this aircraft. — A representative Citation 501 six-position passenger example cabin.

Top-down view of a Citation 501 six-position passenger example cabin. Illustrative Citation 501 example: five cabin chairs and one rear belted seat with removable lavatory, plus two cockpit seats. Schematic based on a documented completion; actual layout and equipment vary. Not a photograph of this tail. — Illustrative Citation 501 example: five cabin chairs and one rear belted seat with removable lavatory, plus two cockpit seats. Schematic based on a documented completion; actual layout and equipment vary. Not a photograph of this tail.

ROUGH RANGE

What N56LW might be worth, and where it’s heading.

A rough range: Radar's value model doesn't cover the Cessna 501 (Citation-I/SP design) on its own yet. From Radar's listing-based estimates for business jets of similar engine thrust and age. The Embraer Phenom 300/300E curve gives the shape of the forecast, and the range is widened to match. Not an appraisal.

N56LW · On program · rough range

$680K

$453.3K$1M

In 2031: $464.3K
Value kept: 68%
Per year: −7.3%
Program effect: $38.4K
Confidence: Low

5-year projection

The Embraer Phenom 300/300E curve, scaled to a rough range for this Cessna 501 (Citation-I/SP design)

Engine program

Horizon

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Cessna 501 (Citation-I/SP design) price by build year, and the for-sale market

SPECIFICATIONS

Cessna 501 (Citation-I/SP design) specs

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

Full Cessna 501 (Citation-I/SP design) specs, range and cabin

Model: Cessna 501 (Citation-I/SP design)
Year: 1981
Serial number: 501-0314
Engines: 2 × Pratt & Whitney Canada JT15D-1A / JT15D-1B (original design)
Ceiling: 41,000 ft

THE AIRCRAFT’S LIFE

N56LW on the registry.

Registration events from FAA records, compiled October 2026. Maintenance, damage and component history live in the logbooks, not the registry.

Nov 3, 1982

Registry record

Airworthiness date on the current FAA record (standard category).
FAA registry
Dec 20, 2017

Gulf Atlantic Airways Inc

Certificate of registration issued as N56LW.
FAA registry

FAA REGISTRATION

Registration details

Registration: N56LW
Status: Current as of October 2026
Certificate issued: Dec 20, 2017
Airworthiness date: Nov 3, 1982
Last FAA action: Apr 7, 2023
Registration expires: Dec 31, 2027
Mode S code (hex): A725A0
Aircraft category: Light jet
Weight class: Under 12,500lbs

From FAA registry data as of October 2026. Check the FAA registry for the current record.

OWNERSHIP

Registered owner

Gulf Atlantic Airways Inc

Corporation · Gainesville, FL, US

SOURCES

Where this page comes from

Built from FAA registry records, manufacturer specifications, and public flight-tracking and market data, compiled October 2026. Values come from Radar’s aircraft value model. Owners and operators can ask for a correction or removal.

BUYING, SELLING OR FINANCING

What to check before a deal

ADs that may apply to this aircraft →FAA airworthiness directives that name N56LW’s make and model
N-number lookupLook up any other US aircraft by its registration
Pre-buy records reviewWhat to read in the logbooks before you sign
Aircraft title searchLiens, registrations and the chain of title
Aircraft valuationHow records, time and programs move the price
Aircraft maintenance recordsWhat a complete records package holds

SAME TYPE

Every Cessna 501 (Citation-I/SP design) by tail number · Cessna: every model · Light jets compared

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N56LW is not a Radar customer record. This page is built from public sources as of October 2026. Owners and operators can ask for a correction or removal.