N577BB - 1997 CESSNA 550 - Complete Aircraft History & Registry Information

Quick Facts & Current Owner

Current Owner
WORLDWIDE OPTION LLC
Location
LEWES, Delaware
Registration Status
Active until 03-31-2032
Serial Number
550-0826
Last Seen on Market
August 2025
Last Seen Airborne
No Recent Activity
Last FAA Action Date
June 2025
Owned Since
June 2025
Location of N577BB in LEWES, Delaware

About the CESSNA 550

The Cessna 550, more commonly known as the Citation II, is a significant model in the lineage of the Cessna Citation family of business jets. The Citation II was first announced in September 1976 as an extended and enhanced version of the Citation I, also known as the Cessna 500. The primary motivation behind the development of the Cessna 550 was to produce an executive jet capable of carrying more passengers and offering longer range while continuing Cessna’s tradition of providing easy-to-fly and cost-effective business jets. The aircraft made its maiden flight on January 31, 1977, and received FAA certification in March 1978. It officially entered service later that year. The Citation II was designed to fill the niche for a light business jet that could operate from shorter airstrips, making it highly versatile for business executives needing efficient point-to-point travel, even to smaller regional airports. The jet typically seats eight passengers in a spacious, quiet, and pressurized cabin, with a range of approximately 2,000 nautical miles. It is powered by two Pratt & Whitney JT15D-4 engines, offering a balance of reliability and performance. One of the remarkable benefits of the Citation II is its relatively low operational cost when compared to other jets in its category, which has contributed to its popularity among corporate flight departments and small businesses. Additionally, the aircraft’s simple avionics and systems design resulted in lower maintenance costs and greater ease of operation. Over its production run, which lasted from 1978 to 2006, nearly 1,200 Citation IIs were delivered, making it one of the best-selling business jets of its time. The Citation II laid the groundwork for subsequent models, including the Citation Bravo and Citation V, thereby solidifying Cessna’s reputation as a leader in the light business jet market.



Flight History and Activity for N577BB

No flight activity has been observed for this aircraft since 2022.

This could indicate the aircraft is in storage, undergoing maintenance, or operating in areas without flight tracking coverage.

Maintenance and Safety Records

✓ No accidents, incidents, or service difficulty reports on file for this aircraft.

Complete History Timeline

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Aug 2025

Market Listing

Last time observed live on a marketplace.




💰

Aug 2025

Market Listing

Marketplace listing evaluated at $999,487.20.




💰

Aug 2025

Market Listing

Listed on a marketplace at Unlisted Price.




💰

Aug 2025

Market Listing

Last time observed live on a marketplace.




💰

Jul 2025

Market Listing

Price Changed on a marketplace from $7,579.00 to $0.00




💰

Jul 2025

Market Listing

Marketplace listing evaluated at $3,600,228.05.




💰

Jul 2025

Market Listing

Listed on a marketplace at Unlisted Price.




📋

Jun 2025

Registration

Registered to WORLDWIDE OPTION LLC in LEWES, DE




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Frequently Asked Questions

Who owns N577BB?

N577BB is currently registered to WORLDWIDE OPTION LLC in LEWES, Delaware.

What type of aircraft is N577BB?

N577BB is a 1997 CESSNA 550 with serial number 550-0826.

Has N577BB been in any accidents?

No, N577BB has no accidents or incidents on file with the FAA/NTSB.