N98AV - 1981 CESSNA 501 - Complete Aircraft History & Registry Information

Quick Facts & Current Owner

Current Owner
CESSNA AIRCRAFT LEASING LLC
Location
DAYTONA BEACH, Florida
Registration Status
Active until 08-31-2032
Serial Number
501-0177
Last Seen on Market
July 2025
Last Seen Airborne
August 2025
Last FAA Action Date
August 2025
Owned Since
May 2025
Location of N98AV in DAYTONA BEACH, Florida

About the CESSNA 501

The Cessna 501, also known as the Citation I/SP, is a notable model within the Citation series of business jets produced by Cessna Aircraft Company. Production of the Cessna 501 began in the late 1970s, with an emphasis on creating a single-pilot variant of the popular Citation I. The idea behind the 501 was to offer a comfortable, efficient, and easily manageable business jet that could be flown by a single pilot, making it a cost-effective solution for small companies and private owners who required corporate travel without the need for a copilot. The Citation I/SP stands for 'Single Pilot', differentiating it from its predecessor which required a two-pilot crew.

Cessna initiated the production of the 501 in response to the growing demand for business jets that had lower operational costs, both in terms of crew requirements and fuel efficiency. The FAA certification for single-pilot operation for the Citation I/SP added a significant advantage for owner-operators. The versatility and reliability of the 501 made it a popular choice for charter operators, small businesses, and individuals seeking personal air travel solutions.

Key Features and Capabilities

In terms of design, the Cessna 501 retains the Citation I's straight-wing design, which is known for delivering stable and manageable flight characteristics, especially during takeoff and landing phases. The aircraft is powered by two Pratt & Whitney JT15D-1B turbofan engines, which offer sufficient thrust while maintaining relatively low fuel consumption. The cabin configuration is typically designed to carry five to six passengers comfortably, with necessary amenities for short to medium-range flights.

Overall, the Cessna 501 has established its niche in the market as a reliable, economical, and user-friendly business jet. Its ability to support single-pilot operation without compromising safety or performance makes it a unique and valuable asset in the realm of general aviation.



Flight History and Activity for N98AV

Last Observed Flight

August 12, 2025

Near Daytona Beach, FL

Monthly Activity

19

Flights in past 30 days

Annual Activity

29

Flights in past 12 months

Last Known Location

Last flight location of N98AV

Maintenance and Safety Records

Safety Record Summary

  • 1 accident/incident report(s) on file
  • 2 service difficulty report(s) filed

Accident and Incident Reports

October 02, 2008 - MIAMI, Florida

Damage Level
Substantial
Description
(-23) DURING LANDING N-98V SUFFERED NOSE GEAR DAMAGE TO INCLUDE THE NOSE WHEEL DEPARTING THE AIRCRAFT.

Service Difficulty Reports

December 20, 2010

UPON TURNING THE COCKPIT DEFOG FAN TO LOW, SMOKE WAS OBSERVED COMING FROM THE DEFOG VENTS. SWITCH WAS RETURNED TO THE O

April 04, 2014

AIR CYCLE MACHINE INOPERATIVE. REPLACED AIR CYCLE MACHINE.

Complete History Timeline

💰

Aug 2025

Market Listing

Last time observed live on a marketplace.




💰

Aug 2025

Market Listing

Last time observed live on a marketplace.




📋

Aug 2025

Registration

Registered to CESSNA AIRCRAFT LEASING LLC in DAYTONA BEACH, FL




💰

Jul 2025

Market Listing

Marketplace listing evaluated at $452,171.54.




💰

Jul 2025

Market Listing

Listed on a marketplace at Unlisted Price.




📋

May 2025

Registration

Registered to GOSNEY AIR LLC in DAYTONA BEACH, FL




💰

Jan 2025

Market Listing

Last time observed live on a marketplace.




💰

Nov 2024

Market Listing

Last time observed live on a marketplace.




💰

Nov 2024

Market Listing

Last time observed live on a marketplace.




💰

Oct 2024

Market Listing

Listed on a marketplace at Unlisted Price.




💰

Sep 2024

Market Listing

Listed on a marketplace at Unlisted Price.




💰

Sep 2024

Market Listing

Listed on a marketplace at Unlisted Price.




💰

Sep 2024

Market Listing

Marketplace listing evaluated at $596,899.21.




💰

Sep 2024

Market Listing

Listed on a marketplace at Unlisted Price.




💰

Apr 2024

Market Listing

Last time observed live on a marketplace.




💰

Mar 2024

Market Listing

Last time observed live on a marketplace.




💰

Feb 2024

Market Listing

Listed on a marketplace at Unlisted Price.




💰

Feb 2024

Market Listing

Last time observed live on a marketplace.




💰

Feb 2024

Market Listing

Listed on a marketplace at Unlisted Price.




💰

Jan 2024

Market Listing

Listed on a marketplace at $899,000.00.




📋

Feb 2023

Registration

Registered to MG RISE AVIATION LLC in MARYVILLE, TN




📋

Oct 2021

Registration

Registered to AUGMENTED INVESTMENT PROPERTIES LLP in GREENWOOD, IN




📋

Jul 2021

Registration

Registered to AUGMENTED INVESTMENT PROPERTIES LLP in GREENWOOD, IN




📋

Jun 2017

Registration

Registered to AUGMENTED INVESTMENT PROPERTIES LLP in GREENWOOD, IN




📋

Aug 2014

Registration

Registered to AUGMENTED INVESTMENT PROPERTIES LLP in GREENWOOD, IN




🔧

Apr 2014

Service Report

Service difficulty report added




📋

Nov 2011

Registration

Registered to AUGMENTED INVESTMENT PROPERTIES LLP in GREENWOOD, IN




🔧

Dec 2010

Service Report

Service difficulty report added




⚠️

Oct 2008

Accident/Incident

Accident with substantial damage




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Frequently Asked Questions

Who owns N98AV?

N98AV is currently registered to CESSNA AIRCRAFT LEASING LLC in DAYTONA BEACH, Florida.

What type of aircraft is N98AV?

N98AV is a 1981 CESSNA 501 with serial number 501-0177.

Has N98AV been in any accidents?

Yes, N98AV has 1 accident/incident report(s) on file with the FAA/NTSB.