LEARJET 70 Price and Operating Costs


Specifications
The LEARJET 70 , manufactured from 2013-2019, requires a 2 person crew and can transport up to 6 passengers. The aircraft has a maximum operating altitude of 51,000', a normal cruise speed of 436 KTS/502 MPH, and a 1,826 NM/2,104 SM seats-full range. The LEARJET 70 has a 4,124' balanced field length and 3,100' landing distance. The cabin measures 04'11" high, 05'01" wide, and 17'08" long. It has a total baggage capacity of 65.00 ft^3; 15.00 ft^3 being internal and 50.00 ft^3 being external.


Pricing
Depending on numerous factors, the average price for a pre-owned LEARJET 70 is $8,469,000.00. A $4,234,500.00 loan over 120 months including $17643.75 per month in interest equates to a $212,333.56 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the LEARJET 70 has total variable costs of $866,587.50, total fixed costs of $412,062.00, and an annual budget of $1,278,649.50. This breaks down to $2,841.44 per hour.

RANGE:
1,826 NM / 2,104 SM
SPEED:
436 KTS / 502 MPH
PRICE:
$8,469,000.00
MAX PASSENGERS:
6 people

LEARJET 70

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
$412,062.00
$338,012.00
Total Variable Cost
$866,587.50
$866,587.50
Annual Budget
$1,278,649.50
$1,204,599.50
Total Hourly Cost
$2,841.44
$2,676.89
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