1997 Cessna Citation Bravo for sale

1997 Cessna Citation Bravo

Light Jet

FOR SALE
$1,495,000
Location FL
Total Time 4,033 hrs
Seats 8
Serial # 550-0816
Reg # N550HK
Engine PRATT & WHITNEY PW530A ×2
Cruise 370 kts (685 km/h)
ICAO Type C55B
✓ FAA Valid ✓ Clean NTSB ⚠ Not verified 77d

Aircraft Details

Seller reported

Avionics & Equipment

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Description

Maintenance Condition: Phase 1-4 was performed in February 2025. Phase 5 was done in July, 2025. for JSSI Contract Exhibit C | Airframe Logs | Maintenance Report for Engine Log 1 | Engine Log 2

Features: WAAS/LPV Part 135 Conformed Presently on a “Jet Charter Certificate” 2017 Updated Exterior Paint/Interior FDR “Flight Data Recorder” FCR “Flight Cockpit Recorder” 2023: Upgraded Garmin Panels Disclaimer: All information must be verified by the Purchaser.

Notes: JSSI Engine Program (See attached): * Contract number: JSSI0091447. * Aircraft serial number: 550-0816. * Registration number: N550HK. 300 hours extension already approved on both engines (paid for). (300 hours starts now for the new owner). 200 hour extensions (100 hour increments) are available. 500 hour extensions total available (with 300 hours paid for, and then buyer would pay for 200 hours). JSSI offered a 100hr extension on the 4,000hr TBO, and we are told that we can get up to a 500hr extension, but it’s being given 100hrs at a time. JSSI will provide rental engines when these engines are due for overhaul. The cost per hour for rentals is supposed to be similar to what the cost is for the engine program now. Please see also the attached JSSI contract: JSSI ESSENTIAL LLC ENGINE (HARD-TIME) MAINTENANCE PROGRAM CONTRACT. Many items are covered near 100% and other items are covered at 55% leaving the balance of 45% for aircraft owner, and it appears the maximum engine OH costs would be $1.104m for BOTH ENGINE OH’s out of pocket cost to the Aircraft Owner. If you are to sell the AC before the OH events. The TB is ˜$650K (positive #). If deciding to sell the aircraft without the program and use the TB as a credit towards a replacement aircraft, then the credit amount will be approximately $650K.

Interior

Nine Passenger Center Club Interior, including a belted Lav. Seats are Beige Leather with matching carpet. Cabin furnishings include an optional LH forward refreshment center dual executive tables. Refurbished in 2019

Inspection

Phase 1-4 was performed in February 2025. Phase 5 was done in July, 2025. for JSSI Contract Exhibit C | Airframe Logs | Maintenance Report for Engine Log 1 | Engine Log 2

Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.

Price Comparison Listed on multiple marketplaces

Source Price Action
The Jet Network
aso.com
$1,495,000

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AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Cessna Citation Bravo

This 1997 Cessna Citation Bravo (N550HK) is a 8-seat light jet with 4,033 hours on the airframe. There are currently 34 Citation Bravo aircraft listed for sale with asking prices ranging from $550,000 to $2,700,000. This aircraft is priced below the market average at $1,495,000.

The Citation Bravo cruises at 370 kts (685 km/h) with a range of 1,680 nm (3,111 km) — suitable for regional and medium-distance travel. Service ceiling of 45,000 ft allows operation above most weather.

Operating costs: Fuel burn is 130 GPH (492 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $715/hr in fuel alone. Total variable cost including maintenance reserves is approximately $1,900/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $300,000. With 4,033 hours on the airframe, this aircraft has 467 hours remaining to engine TBO .

FAA registration status: Valid. NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

FAA registration: Valid (GLASS CITY LEASING LLC)
Safety record: 0 NTSB incidents
Airframe: 4,033 hours — verify engine time vs TBO (4,500 hrs)
Compare prices across multiple sources — same aircraft, different marketplaces
Budget $1,950 for pre-purchase inspection

Cessna Citation Bravo — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
8
Cruise Speed
370 kts (685 km/h)
Max Speed
403 kts (746 km/h)
Range
1,680 nm (3,111 km)
Ceiling
45,000 ft (13,716 m)
Max Weight
14,800 lbs (6,713 kg)
Useful Load
3,850 lbs (1,746 kg)
Fuel Capacity
470 gal (1779 L)
Fuel Burn
130 GPH (492 L/h)
Engines
2
TBO
4,500 hrs

Estimated Cost of Ownership

AeroGurus estimate

CESSNA Citation Bravo

Fuel Burn
130.0 GPH
~$845/hr
Variable Cost
$1,900/hr
fuel + mx + reserves
Annual Fixed
$300,000/yr
hangar + insurance + annual
Engine Overhaul
$280,000
every 4,500 hrs

AeroGurus estimates based on industry averages for the CESSNA Citation Bravo. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

Registered Owner

GLASS CITY LEASING LLC

Registration Address

PERRYSBURG, OH

Certificate Issued

2024-01-16

FAA Status

Valid

Source: FAA Aircraft Registry, updated Mar 15, 2026

Location & Ownership

FAA records

Aircraft Location

FL

Seller reported 1184 more aircraft in Florida →

Title Status

No FAA title records

Available for US-registered aircraft only

Location note: Listed in FL but FAA registration shows PERRYSBURG, OH. Aircraft may have been relocated. Confirm current location with seller.

Source: FAA Aircraft Registry, FAA Civil Aviation Registry (DocIndex). Title data may be delayed. Always verify with an aviation attorney before purchase.

Safety Record

No incidents found

NTSB database checked for N550HK.

Price History

3 price events · sources: aso, trade-a-plane.com, controller.com

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Prices and listings re-checked on a rolling cycle — most within a few days · Data: FAA Registry, NTSB · About our data
Disclaimer: All prices, cost estimates, and market values shown are based on asking prices from third-party sources and are provided for informational purposes only. AeroGurus is not an appraiser, broker, or financial advisor. Always obtain a professional appraisal and independent inspection before making a purchase decision. Actual transaction prices may differ from asking prices.