COMPLETE & SUBMIT THE BID FORM AT THE BOTTOM OF THIS PAGE before 7:00 pm Eastern on February 17, 2023

     SIAI #:  2023-09S                                                1987 CESSNA 550 N409ST

       Your bid is solicited for the following salvage, as is, where is, before deadline of 7:00 pm Eastern on February 17, 2023

           WARRANTY:  There is no warranty, express or implied for the information provided herein or the condition, useability,

                              workability, operability or marketability of the aircraft salvage.  All times are approximate and the logbooks

                              and aircraft should be inspected by each bidder BEFORE BIDDING.  Failure of the bidder to view the

                              salvage or wreckage, or confirm any information provided is NOT grounds for a claim or withdrawal of bid

                              after bid closing date.)   All Sales Are FINAL.  Read CONDITIONS at bottom of page.

                                  HOURS estimated from logbooks or other information - not guaranteed or warranted

           AIRCRAFT:    1987 Cessna 550 N409ST, s/n: 550-0559, HOBBS:  9094.4 hrs as of 09/21/2022

                                   See attached Cescom 10

           ENGINES:      LH - P&W JT15D-4, S/N PCE-71448.  TSN 9089.4.  TSMOH 2370 - as of 09/21/2022

                                  RH - P&W JT15D-4, S/N PCE-71444. TSN 9095.2.  TSMOH 2370  -  as of 09/21/2022         

           EQUIPMENT:     See attached Installed Component Report

     DESCRIPTION OF ACCIDENT:    On 09/27/2022 while on landing rollout, the aircraft experienced a gear collapse and slid off the right side of the runway where

                                                             it came to a full stop on its belly

           DESCRIPTION OF DAMAGES:     The aircraft sustained visible damage to various areas of the lower fuselage skin, landing gear doors, flaps,

                                                                   ailerons, wing-to-body fairings, engine cowlings and pylons. 

                                                             Due to the unusual side loads incurred during the runway excursion, the wing root would need to be detail-inspected               

                                                             using non-destructive testing procedures.

                                                            Both engine pylons appear to be buckled.

                                                            Both engines seem to be in good condition as seen from the ground, but since both engines were powered at the time

                                                            of the event, the engines will have to be removed and sent to an engine repair facility in search for foreign object ingestion

                                                            in the form of dirt, debris or small rocks that laid adjacent to the runway.

,

             **PHOTOS**

        Additional Photos

           Instrument Panel Photos

         Interior Photos

          LOCATION OF AIRCRAFT:   1^st JetPro of TX, McGregor, Texas

          INQUIRIES:  Eric Rank, erank@sompo-intl.com

          REMARKS:    *Insurer reserves the right to reject any and all bids. 

                              *Salvage is as is/where is. 

                              *The posting information is the best to our knowledge. 

                              *Logbooks may not be complete.

                              *While the loss occurred on 09/27/2022, all of the times mentioned in the above are as of 09/21/2022.

           CLAIM NUMBER:    10585331          SIAI NUMBER:  2023-09S

         COMPLETE THE BID FORM BELOW & SUBMIT.  YOU WILL RECEIVE AN IMMEDIATE CONFIRMATION OF YOUR BID

   CONDITIONS: The aircraft listed are for sale "as is where is". There is no warranty either express or implied.

   All times and descriptions are believed to be  the best information available and are not warranted. Prospective

   buyers should inspect the aircraft and records before bidding.  Purchaser bears all risk regarding condition,

   useability, workability, and operability of all salvage. 

  The underwriters have full and complete authority for all decisions regarding salvage and they reserve the right

  to reject any or all bids.

  The bid deadline dates are firm without exception.

 Payment in full by Wire Transfer, cashier's check or certified funds is required within 7 business days

 of notification to the successful bidder.

 All Sales Are FINAL

                                                                          FOR SALE PAGE