N588RS

Charter & Acquisition Briefing

The 2006 Citation CJ1 bearing registration N588RS is held by CORSAIR TWO LLC. The CJ1 seats 5 to 6 and delivers 380-knot cruise speed at the lowest operating costs in the Citation family.

Fleet Position

Over 700 CJ1-family aircraft (CitationJet, CJ1, CJ1+, M2) are in service. FAA data shows N588RS based in HILLSBORO, OR. The CJ1 is single-pilot certified and has the highest owner-pilot ratio in the Citation family. Fleet depth ensures parts availability and service access at virtually every Cessna-authorized center in the U.S.

Charter Availability

N588RS is Part 135 charter authorized. CJ1 charter rates range from $2,000 to $2,800 per flight hour, among the lowest in the jet category. The tradeoff: the cabin seats 5 to 6 without a standup aisle, and the lavatory is a belted seat with emergency provisions rather than an enclosed facility. For 2 to 4 passengers on routes under 800 nm, the CJ1 delivers jet speed at near-turboprop pricing.

Market Position

N588RS is a 2006 Citation CJ1 with upgraded FJ44-1AP engines and improved avionics. Pre-owned values sit at $1.5M to $2.2M. The CJ1 brought FADEC engine controls and better hot-and-high performance over the original CitationJet.

At this vintage, the CJ1 offers the best value in entry-level jet ownership. Acquisition cost is 40 to 60% below a comparable CJ3, and operating costs run $150,000 to $200,000 annually at 200 hours. For owner-pilots whose missions stay under 1,000 nm with 2 to 4 passengers, the CJ1 does everything needed.

Mission Profile

The CJ1 handles routes between 200 and 1,000 nautical miles. Chicago to Nashville in 1 hour 15 minutes. Dallas to Houston in 45 minutes. New York to Nantucket in 50 minutes. At 380 knots and FL410, the CJ1 provides genuine jet performance for owner-pilots running day trips and weekend flights.

When to Choose Something Else

Pass on the CJ1 for IFR operations in heavy icing conditions. While the CJ1 is fully IFR capable, its lower power-to-weight ratio compared to the CJ3 or Phenom means less climb margin in icing encounters. Experienced owner-pilots manage this routinely, but less-experienced jet pilots should consider a more powerful aircraft for regular winter operations.

Ownership & Operations

Aircraft management companies handle the operational complexity of jet ownership. They provide crew, maintenance tracking, regulatory compliance, insurance, and hangar coordination. Management fees run $8,000 to $25,000 per month depending on aircraft size. For owners who fly 100 to 300 hours annually, professional management reduces risk and administrative burden while maintaining access to Part 135 charter revenue.

Pre-Purchase Considerations

Engine program enrollment significantly affects aircraft value and operating economics. Programs like Rolls-Royce CorporateCare, Pratt & Whitney Eagle Service Plan, and Honeywell MSP spread major engine costs into predictable hourly rates. Aircraft enrolled in these programs command 10 to 20% higher resale values than non-enrolled equivalents because buyers avoid the risk of unbudgeted engine overhauls.

Charter Market Context

The Jet Finder sources charter aircraft from a network of vetted Part 135 operators. We do not own aircraft. This broker model ensures clients see competitive options across multiple operators rather than being limited to a single fleet. Pricing transparency comes from comparing 3 to 5 operator quotes on every request. The client sees all options and chooses based on aircraft, price, and operator quality.

N588RS Aircraft Intelligence

Cross-referenced from FAA Registry, Part 135 operator database, and live ADS-B telemetry.