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/508 MPH, and a 1,501 NM/1,727 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 $7.00-per-gallon fuel cost, the LEARJET 31AER has total variable costs of $1,189,800.00, total fixed costs of $66,946.00, and an annual budget of $1,256,746.00. This breaks down to $2,792.77 per hour.

RANGE:
1,501 NM / 1,727 SM
SPEED:
441 KTS / 508 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
$7.00
$7.00
Total Fixed Cost
$66,946.00
$142,146.00
Total Variable Cost
$1,189,800.00
$1,189,800.00
Annual Budget
$1,256,746.00
$1,331,946.00
Total Hourly Cost
$2,792.77
$2,959.88
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