LEARJET 60 Price and Operating Costs

Specifications
The LEARJET 60, manufactured from 1993-2003, 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 436 KTS/502 MPH, and a 2,129 NM/2,450 SM seats-full range. The LEARJET 60 has a 5,313' balanced field length and 3,977' landing distance. The cabin measures 05'09" high, 05'11" wide, and 17'08" long. It has a total baggage capacity of 48.00 ft^3; 24.00 ft^3 being internal and 24.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned LEARJET 60 is $2,627,000.00. A $979,650.00 loan over 120 months including $4081.88 per month in interest equates to a $49,123.29 per-period payment. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the LEARJET 60 has total variable costs of $1,380,600.00, total fixed costs of $518,714.00, and an annual budget of $1,899,314.00. This breaks down to $4,220.70 per hour.