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LEARJET 31AER Price and Operating Costs


The LEARJET 31AER, production in 1991-2003, requires a two man crew and can be configured in 6 seats. Maximum operating altitude of 51,000′, a optimal cruise speed of 441 knots/508 MPH, and a 1,443 NM/1,662 SM seats-full range. The LEARJET 31AER has a 3,705′ runway length (or runway plus clearway and/or stopway) and 3,207′ actual landing distance required. Cabin specifications: 04’04” cabin high, 04’11” cabin wide, and 12’11” cabin long. Maximum luggage capacity of 30.00 ft^3; 30.00 ft^3 being internal and N/A ft^3 being external.


Average price for used aircraft LEARJET 31AER is $850,000.00. A $597,500.00 loan over 10 years including $2489.58 per month in interest equates to a $29,960.87 per-month payment. Based on 450 hours a year and fuel cost at $4.25 per-gallon, the LEARJET 31AER has total variable costs of $948,487.50, total fixed costs of $320,705.00, and hypothetical summary cost of $1,269,192.50. How much does it cost to fly: $2,820.43 per hour.

Maximal total range:
1,443 NM / 1,662 SM
Cruise speed:
441 knots / 508 MPH
Average price:
Number of passengers:
6 people


Flying 450 Hours per Year Flying 450 Hours per Year + 200 Charter Hours
Owner-operated hours 450 450
Charter-operated hours 200
Fuel Cost per-gallon $4.25 $4.25
Fixed operation and maintenance cost $320,705.00 $288,655.00
Variable operation and maintenance cost $948,487.50 $948,487.50
How much does a helicopter cost per year $1,269,192.50 $1,237,142.50
Cost per hour $2,820.43 $2,749.21


High–low pricing
Highest Price $850,000.00
Lowest Price $850,000.00
Average Price $850,000.00
Avg. w/o High & Low $0.00

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