Midsize jet

N559LM

2005 Learjet 45XR

Registered No accidents on file
Built
2005
Serial
286
Class
Midsize jet
Engines
2 × Honeywell TFE731-20BR
Status
Current as of October 2026
Registered owner
Corsair Two LLC (LLC)
Based
Hillsboro, OR
2005 Learjet 45XR
Representative photo of a Learjet 45XR. Not a photo of N559LM.
Registration record

N559LM on the FAA register

Type
2005 Learjet 45XR
Serial
286
Engines
2 × Honeywell TFE731-20BR
Registered owner
Corsair Two LLC
Hillsboro, OR
Certificate issued
2021-12-13
Airworthiness date
2022-01-17
Registration expires
2028-12-31
Airworthiness class
Standard · transport
Mode S (hex)
A721E0
Mode S (octal)
51620740
Seats (type)
12
Weight class
20,000 lb and over
Range (type)
1,971 nm
Cruise (type)
432 kt
Status
Current as of October 2026
Market asking range
$3,097,500 to $4,297,500
Middle half of 5 live Learjet 45XR listings, 2006–2011 models (median $3,595,000). Asking prices, not an appraisal of N559LM.
Registry history

Timeline

  • 2028-12-31
    Registration expires (renewal due).
  • 2022-01-17
    Airworthiness date on the current FAA record (standard category (transport)).
  • 2021-12-13
    Certificate of registration issued as N559LM.
  • 2005
    Manufactured (2005).
Overview

About N559LM

N559LM is a 2005 Learjet 45XR, serial number 286. The FAA register lists Corsair Two LLC as the registrant in Hillsboro, Oregon. The current certificate of registration was issued on December 13, 2021 and expires on December 31, 2028.

The FAA aircraft reference file describes the type as a midsize jet, two Honeywell TFE731-20BR engines and 12 seats. Published figures for the type give a cruise speed of about 432 knots and a range of about 1,971 nm; actual performance depends on configuration, load and conditions. Its airworthiness certificate is standard category (transport), dated January 17, 2022.

No NTSB accident or incident reports and no FAA preliminary notices are on file for N559LM.

Cruise
432 kt
Range
1,971 nm
Power / thrust (each)
3500
Fuel burn
215 gph

Published figures for the Learjet 45XR type. They describe the model, not this airframe's equipment or condition. Learjet 45XR specs, prices and for-sale inventory →

Safety record

Accident & incident history

✓ No NTSB accident or incident reports and no FAA preliminary notices on file for N559LM.

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

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More from Learjet

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Browse: Learjet aircraft for sale· Learjet 45XR overview· Aircraft registered in Oregon· 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.