Powered parachute

N554E

2002 Homebuilt Pegasus

Registered 1 NTSB/FAA record
Built
2002
Serial
A 053 PEG
Class
Powered parachute
Engines
Rotax 582SER
Status
Current as of October 2026
Registered owner
Individual · sign in to see
Based
Lipan, TX
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Registration record

N554E on the FAA register

Type
2002 Homebuilt Pegasus
Serial
A 053 PEG
Engines
Rotax 582SER
Registered owner
Individual — the name of an individual registrant is shown to signed-in users. Sign in
Lipan, TX
Certificate issued
2014-03-25
Airworthiness date
2007-11-27
Registration expires
2027-03-31
Airworthiness class
Experimental · light-sport
Mode S (hex)
A70EAB
Mode S (octal)
51607253
Seats (type)
2
Weight class
up to 12,499 lb
Status
Current as of October 2026
Registry history

Timeline

  • 2027-03-31
    Registration expires (renewal due).
  • 2014-03-25
    Certificate of registration issued as N554E.
  • 2012-08-28
    Accident at Luling, TX; damage: substantial.
  • 2007-11-27
    Airworthiness date on the current FAA record (experimental category (light-sport)).
  • 2002
    Manufactured (2002).
Overview

About N554E

N554E is a 2002 Homebuilt Pegasus, serial number A 053 PEG. It is registered to an individual in Lipan, Texas. The current certificate of registration was issued on March 25, 2014 and expires on March 31, 2027.

The FAA aircraft reference file describes the type as a powered parachute, one Rotax 582SER engine and 2 seats. Its airworthiness certificate is experimental category (light-sport), dated November 27, 2007.

N554E has 1 accident/incident record on file (most serious damage: substantial); details are below.

Safety record

Accident & incident history

2012-08-28 Accident · Luling, TX Damage: Substantial NTSB · CEN12CA631
Reported aircraft: Powrachute Pegasus
Probable cause: Collision with a powerline resulting from the pilot's not maintaining adequate clearance while on a day VFR approach to land.

Sources: NTSB aviation accident database and CAROL case system, FAA preliminary accident & incident notices. Search accident records

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Browse: Aircraft registered in Texas· Registry by state· FAA registry stats

Data: FAA Aircraft Registry (October 2026), including deregistered aircraft; NTSB and FAA accident data; fyiAero listing history. Individual owners' names are shown to signed-in users and street addresses are never shown. Type figures are published specifications, not this aircraft's.