LEARJET 55 Price and Operating Costs


Specifications
The LEARJET 55, manufactured from 1981-1987, requires a 2 person crew and can transport up to 7 passengers. The aircraft has a maximum operating altitude of 51,000', a normal cruise speed of 447 KTS/514 MPH, and a 1,823 NM/2,098 SM seats-full range. The LEARJET 55 has a 4,875' balanced field length and 3,564' landing distance. The cabin measures 05'09" high, 05'11" wide, and 16'08" long. It has a total baggage capacity of 60.00 ft^3; 40.00 ft^3 being internal and 20.00 ft^3 being external.


Pricing
Depending on numerous factors, the average price for a pre-owned LEARJET 55 is $866,750.00. A $433,375.00 loan over 120 months including $1805.73 per month in interest equates to a $21,731.03 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the LEARJET 55 has total variable costs of $1,253,587.50, total fixed costs of $385,047.00, and an annual budget of $1,638,634.50. This breaks down to $3,641.41 per hour.

RANGE:
1,823 NM / 2,098 SM
SPEED:
447 KTS / 514 MPH
PRICE:
$866,750.00
MAX PASSENGERS:
7 people

LEARJET 55

Flying 450 Hours per Year
Flying 450 Hours per Year + 200 Charter Hours
Annual Owner Hours
450
450
Annual Charter Hours
-
200
Fuel Cost
$4.25
$4.25
Total Fixed Cost
$385,047.00
$195,797.00
Total Variable Cost
$1,253,587.50
$1,253,587.50
Annual Budget
$1,638,634.50
$1,449,384.50
Total Hourly Cost
$3,641.41
$3,220.85
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