LEARJET 31AER Price and Operating Costs


Specifications
The LEARJET 31AER, 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 1,443 NM/1,661 SM seats-full range. The LEARJET 31AER 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 30.00 ft^3; 30.00 ft^3 being internal and 00.00 ft^3 being external.


Pricing
Depending on numerous factors, the average price for a pre-owned LEARJET 31AER is $1,195,000.00. A $597,500.00 loan over 120 months including $2489.58 per month in interest equates to a $29,960.87 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the LEARJET 31AER has total variable costs of $948,487.50, total fixed costs of $320,705.00, and an annual budget of $1,269,192.50. This breaks down to $2,820.43 per hour.

RANGE:
1,443 NM / 1,661 SM
SPEED:
441 KTS / 507 MPH
PRICE:
$1,195,000.00
MAX PASSENGERS:
6 people

LEARJET 31AER

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
$320,705.00
$288,655.00
Total Variable Cost
$948,487.50
$948,487.50
Annual Budget
$1,269,192.50
$1,237,142.50
Total Hourly Cost
$2,820.43
$2,749.21
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