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N987LP2020 IAI LTD GULFSTREAM G280

N987LP is a 2020 Iai Ltd GULFSTREAM G280, serial 2218, registered to THOMAS H LEE MANAGEMENT COMPANY LLC, an llc in Boston, MA, US. The FAA issued the current certificate on 23 Nov 2021, and its status is Valid registration, expiring 30 Nov 2028. The record shows no registry changes, no NTSB case on this mark and 1 service difficulty report.

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$17,860,968

Valued 29 Aug 2026

Registration: N987LP
Aircraft: GULFSTREAM G280; IAI LTD
Serial Number: 2218

Locked

Total Hours

Locked

Total Cycles

2020

Year

Public record

The public record
for N987LP.

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

N987LP as the FAA holds it

FAA registry, effective 6 Oct 2026

Airframe

Manufacturer: IAI LTD
Model: GULFSTREAM G280
Serial number: 2218
Year manufactured: 2020
Airframe type: Fixed wing multi engine
Category: Land
Certification basis: Not type certificated
Seats: 21
Weight class: 20,000 lb and over

Powerplant

Engines: 2
Manufacturer: HONEYWELL
Model: AS907-2-1G
Type: Turbo-fan
Thrust: 7,765 lbf each

Airworthiness

Certificate issued: 7 Dec 2020
Classification: Standard
Approved operations: Transport

Registration

Status: Valid registration
Record type: Currently registered
Certificate issued: 23 Nov 2021
Last FAA action: 13 Nov 2024
Expires: 30 Nov 2028
FAA region: New England
Fractional ownership: No
FAA unique id: 01327650

Registered owner

Name: THOMAS H LEE MANAGEMENT COMPANY LLC
Registrant type: LLC
Based: BOSTON, MA, US

Transponder address

Mode S (hex): ADC62D
ICAO 24-bit: adc62d
Octal: 53343055
Decimal: 11388461

Estimated value

$17,860,968

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

Market presence

Not currently listed

N987LP has never appeared on the marketplaces we collect.

Live tracking

Where N987LP 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.

CheckingN987LP

Looking for a position.

Straight answers

Questions about
N987LP.

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 N987LP?

N987LP is a 2020 Iai Ltd GULFSTREAM G280, serial 2218. The FAA classes it as fixed wing multi engine, it seats 21, it is powered by 2 Honeywell AS907-2-1G engines.

Who is N987LP registered to?

The FAA registry lists THOMAS H LEE MANAGEMENT COMPANY LLC, an llc in Boston, MA, US, as the registrant of N987LP.

Is N987LP still registered?

The FAA lists the registration as Valid registration. The current certificate was issued on 23 Nov 2021 and expires on 30 Nov 2028.

Has N987LP been in an NTSB-reported accident?

The NTSB database holds no accident or incident record naming N987LP. Marks are reused, so this covers the mark, not every airframe that ever wore it.

Does N987LP have service difficulty reports?

1 service difficulty report have been filed against N987LP with the FAA.

Who operates N987LP for charter?

No Part 135 certificate lists N987LP, so it is not on file as a charter aircraft.

Is N987LP for sale?

N987LP is not currently listed for sale on the marketplaces we collect.

What is N987LP worth?

The Virtual Hangar Jetstimate puts N987LP at $17,860,968 as of 29 Aug 2026. A listing asking price, where one exists, is the seller's number and not this valuation.

Has N987LP changed hands?

The FAA record shows no registry changes for N987LP.

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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