| Tail Number / N-Number | N503RA |
| Manufacturer | LANCAIR COMPANY |
| Model | LC-40-550FG |
| Year Built | 2001 |
| Manufacturer's Serial Number | 40024 |
| Aircraft Type | Fixed wing single engine |
| Category | Land |
| Builder Certification | Type Certificated |
| Number of Seats | 4 seats |
| Weight Class | CLASS 1 (Up to 12,499 pounds gross take off weight) |
| Engine Manufacturer | CONT MOTOR |
| Engine Model | IO-550 SERIES |
| Engine Type | Reciprocating |
| Number of Engines | 1 engine |
| Horsepower | 300 hp (224 kW) |
| Type of Registrant | Corporation |
| Owner Name | RAJET INC |
| Street | 100 JERICHO QUADRANGLE STE 214 |
| City | JERICHO |
| State | NY |
| Zip Code | 11753-2702 |
| Region | Eastern |
| County | Nassau County |
| Country | US |
| Fractional Ownership | No |
| Airworthiness Classification | Standard |
| Airworthiness Date | 2001-10-01 |
| Certificate Issue Date | 2001-11-08 |
| Last Action Date | 2021-11-01 |
| Expiration Date | 2028-10-31 |
| Status | Valid Registration |
| Mode S Code | 51443215 |
| Mode S Code Hex | A6468D |