LEARJET 31A Price and Operating Costs


Specifications
The LEARJET 31A, manufactured from 1991-2003, 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 441 KTS/507 MPH, and a 1,181 NM/1,359 SM seats-full range. The LEARJET 31A has a 3,705' balanced field length and 3,207' landing distance. The cabin measures 04'04" high, 04'11" wide, and 12'11" long. It has a total baggage capacity of 40.00 ft^3; 40.00 ft^3 being internal and 00.00 ft^3 being external.


Pricing
Depending on numerous factors, the average price for a pre-owned LEARJET 31A is $1,109,100.00. A $554,550.00 loan over 120 months including $2310.62 per month in interest equates to a $27,807.20 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the LEARJET 31A has total variable costs of $948,037.50, total fixed costs of $320,582.00, and an annual budget of $1,268,619.50. This breaks down to $2,819.15 per hour.

RANGE:
1,181 NM / 1,359 SM
SPEED:
441 KTS / 507 MPH
PRICE:
$1,109,100.00
MAX PASSENGERS:
6 people

LEARJET 31A

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
$320,582.00
$288,532.00
Total Variable Cost
$948,037.50
$948,037.50
Annual Budget
$1,268,619.50
$1,236,569.50
Total Hourly Cost
$2,819.15
$2,747.93
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