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LEARJET 55

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

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