Midsize jet

N557SP

2016 Learjet 75

Registered No accidents on file
Built
2016
Serial
531
Class
Midsize jet
Engines
2 × Honeywell TFE731-40BR1B
Status
Current as of October 2026
Registered owner
U S Bank Na (Corporation)
Based
Marshall, MN
2016 Learjet 75
Representative photo of a Learjet 75. Not a photo of N557SP.
Registration record

N557SP on the FAA register

Type
2016 Learjet 75 (FAA: Learjet 45)
Serial
531
Engines
2 × Honeywell TFE731-40BR1B
Registered owner
U S Bank Na
Marshall, MN
Certificate issued
2024-08-14
Airworthiness date
2016-02-19
Registration expires
2031-08-31
Airworthiness class
Standard
Mode S (hex)
A71B0A
Mode S (octal)
51615412
Seats (type)
12
Weight class
20,000 lb and over
Range (type)
2,040 nm
Cruise (type)
447 kt
Status
Current as of October 2026
Market asking range
$2,995,000 to $6,050,000
Middle half of 3 live Learjet 75 listings, 2014–2014 models (median $5,595,000). Asking prices, not an appraisal of N557SP.
Registry history

Timeline

  • 2031-08-31
    Registration expires (renewal due).
  • 2024-08-14
    Certificate of registration issued as N557SP.
  • 2016-02-19
    Airworthiness date on the current FAA record (standard category).
Overview

About N557SP

N557SP is a 2016 Learjet 75 (FAA model 45), serial number 531. The FAA register lists U S Bank Na as the registrant in Marshall, Minnesota. The current certificate of registration was issued on August 14, 2024 and expires on August 31, 2031.

The FAA aircraft reference file describes the type as a midsize jet, two Honeywell TFE731-40BR1B engines and 12 seats. Published figures for the type give a cruise speed of about 447 knots and a range of about 2,040 nm; actual performance depends on configuration, load and conditions. Its airworthiness certificate is standard category, dated February 19, 2016.

No NTSB accident or incident reports and no FAA preliminary notices are on file for this airframe as N557SP. 1 earlier record involves a different aircraft that carried the same N-number.

Cruise
447 kt
Range
2,040 nm
Takeoff over 50 ft
4,263 ft
Landing over 50 ft
2,660 ft
Fuel burn
254 gph

Published figures for the Learjet 75 type. They describe the model, not this airframe's equipment or condition. Learjet 75 specs, prices and for-sale inventory →

Safety record

Accident & incident history

2018-08-20 Accident · Burlington, VT Damage: Substantial NTSB · GAA18CA547
Reported aircraft: Cessna 172 — a different aircraft that carried the N557SP registration before this airframe.
Probable cause: The student pilot s improper landing flare, which resulted in a bounced landing.

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

Same model

More Learjet 75 aircraft

All 432 Learjet 75 registrations →
Same state

Other aircraft registered in Minnesota

All 6,939 aircraft registered in Minnesota →
Similar aircraft

Other midsize jets on the register

More from Learjet

Learjet models on the register

Own N557SP?

Get a free valuation, digitize the logbooks, or list it on fyiAero.

Free valuation Logbook transcription

Browse: Learjet aircraft for sale· Learjet 75 overview· Aircraft registered in Minnesota· 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.