LEARJET 40 Price and Operating Costs


Specifications
The LEARJET 40, manufactured from 2004-2007, 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 1,534 NM/1,767 SM seats-full range. The LEARJET 40 has a 4,221' balanced field length and 3,080' 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 40 is $1,866,000.00. A $933,000.00 loan over 120 months including $3887.5 per month in interest equates to a $46,784.09 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the LEARJET 40 has total variable costs of $928,800.00, total fixed costs of $409,128.00, and an annual budget of $1,337,928.00. This breaks down to $2,973.17 per hour.

RANGE:
1,534 NM / 1,767 SM
SPEED:
436 KTS / 502 MPH
PRICE:
$1,866,000.00
MAX PASSENGERS:
6 people

LEARJET 40

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
$409,128.00
$363,128.00
Total Variable Cost
$928,800.00
$928,800.00
Annual Budget
$1,337,928.00
$1,291,928.00
Total Hourly Cost
$2,973.17
$2,870.95
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