LEARJET 55C Price and Operating Costs

Specifications
The LEARJET 55C, manufactured from 1988-1990, 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 55C has a 5,655' balanced field length and 4,009' 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 55C is $941,300.00. A $470,650.00 loan over 120 months including $1961.04 per month in interest equates to a $23,600.14 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the LEARJET 55C has total variable costs of $1,223,437.50, total fixed costs of $72,298.00, and an annual budget of $1,295,735.50. This breaks down to $2,879.41 per hour.