LEARJET 55 Price and Operating Costs
Specifications
The LEARJET 55, production in 1981-1987, requires a two man crew and can be configured in 7 seats. Maximum operating altitude of 51,000′, a optimal cruise speed of 447 knots/514 MPH, and a 1,823 NM/2,098 SM seats-full range. The LEARJET 55 has a 4,875′ runway length (or runway plus clearway and/or stopway) and 3,564′ actual landing distance required. Cabin specifications: 05’09” cabin high, 05’11” cabin wide, and 16’08” cabin long. Maximum luggage capacity of 60.00 ft^3; 40.00 ft^3 being internal and 20.00 ft^3 being external.
Pricing
Average price for used aircraft LEARJET 55 is $795,000.00. A $433,375.00 loan over 10 years including $1805.73 per month in interest equates to a $21,731.03 per-month payment. Based on 450 hours a year and fuel cost at $4.25 per-gallon, the LEARJET 55 has total variable costs of $1,253,587.50, total fixed costs of $385,047.00, and hypothetical summary cost of $1,638,634.50. How much does it cost to fly: $3,641.41 per hour.
Maximal total range:
1,823 NM / 2,098 SM
Cruise speed:
447 knots / 514 MPH
Average price:
$795,000.00
Number of passengers:
7 people
LEARJET 55 |
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 | $385,047.00 | $195,797.00 |
| Variable operation and maintenance cost | $1,253,587.50 | $1,253,587.50 |
| How much does a helicopter cost per year | $1,638,634.50 | $1,449,384.50 |
| Cost per hour | $3,641.41 | $3,220.85 |
LEARJET 55 |
High–low pricing |
| Highest Price | $995,000.00 |
| Lowest Price | $595,000.00 |
| Average Price | $795,000.00 |
| Avg. w/o High & Low | $0.00 |