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N557LM2008 LEARJET INC 45

N557LM is a 2008 Learjet Inc 45, serial 379, registered to CORSAIR TWO LLC, an llc in Hillsboro, OR, US. The FAA issued the current certificate on 9 Apr 2021, and its status is Valid registration, expiring 30 Apr 2028. The record shows no registry changes, no NTSB case on this mark and 7 service difficulty reports.

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$3,503,948

Valued 29 Aug 2026

Registration: N557LM
Aircraft: 45; LEARJET INC
Serial Number: 379

Locked

Total Hours

Locked

Total Cycles

2008

Year

Public record

The public record
for N557LM.

This section is public record, drawn from the FAA registry and the Virtual Hangar valuation sheet. Nothing here comes from the aircraft's own logbooks. Verification is what connects this record to the logbooks, the maintenance plan and the value factors only an owner holds, and anything an owner chooses to publish appears separately below.

Registration record

N557LM as the FAA holds it

FAA registry, effective 6 Oct 2026

Airframe

Manufacturer: LEARJET INC
Model: 45
Serial number: 379
Year manufactured: 2008
Airframe type: Fixed wing multi engine
Category: Land
Certification basis: Type certificated
Seats: 12
Weight class: 20,000 lb and over

Powerplant

Engines: 2
Manufacturer: HONEYWELL
Model: TFE731-20BR
Type: Turbo-fan
Thrust: 3,650 lbf each

Airworthiness

Certificate issued: 13 Oct 2008
Classification: Standard
Approved operations: Transport

Registration

Status: Valid registration
Record type: Currently registered
Certificate issued: 9 Apr 2021
Last FAA action: 5 May 2023
Expires: 30 Apr 2028
FAA region: Northwest Mountain
Fractional ownership: No
FAA unique id: 01016566

Registered owner

Name: CORSAIR TWO LLC
Registrant type: LLC
Based: HILLSBORO, OR, US

Transponder address

Mode S (hex): A71A72
ICAO 24-bit: a71a72
Octal: 51615162
Decimal: 10951282

Estimated value

$3,503,948

As of 29 Aug 2026. Virtual Hangar Jetstimate. Market value and charter on virtualhangar.com

Market presence

Not currently listed

N557LM has never appeared on the marketplaces we collect.

Live tracking

Where N557LM is,
right now.

Flight tracking read live from a public feed. In the air, the map shows the aircraft's position, heading and path flown. On the ground, it shows where the feed last reported it, rounded to about a kilometre.

CheckingN557LM

Looking for a position.

Straight answers

Questions about
N557LM.

Each answer is drawn from public record and the Virtual Hangar valuation sheet: the FAA registry, the NTSB database, service difficulty reports, Part 135 certificates and public sale listings. Nothing here comes from the owner's own published details above. Where the record is silent the question is not asked, so an absence here never stands in for a clean history.

What kind of aircraft is N557LM?

N557LM is a 2008 Learjet Inc 45, serial 379. The FAA classes it as fixed wing multi engine, it seats 12, it is powered by 2 Honeywell TFE731-20BR engines.

Who is N557LM registered to?

The FAA registry lists CORSAIR TWO LLC, an llc in Hillsboro, OR, US, as the registrant of N557LM.

Is N557LM still registered?

The FAA lists the registration as Valid registration. The current certificate was issued on 9 Apr 2021 and expires on 30 Apr 2028.

Has N557LM been in an NTSB-reported accident?

The NTSB database holds no accident or incident record naming N557LM. Marks are reused, so this covers the mark, not every airframe that ever wore it.

Does N557LM have service difficulty reports?

7 service difficulty reports have been filed against N557LM with the FAA.

Who operates N557LM for charter?

N557LM is listed on 1 Part 135 certificate: AERO AIR LLC.

Is N557LM for sale?

N557LM is not currently listed for sale on the marketplaces we collect.

What is N557LM worth?

The Virtual Hangar Jetstimate puts N557LM at $3,503,948 as of 29 Aug 2026. A listing asking price, where one exists, is the seller's number and not this valuation.

Has N557LM changed hands?

The FAA record shows no registry changes for N557LM.

What verification adds

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Public record ends where the aircraft's own paperwork begins. A verified owner connects the two.

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