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/1,765 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 $2,000,000.00. A $1,000,000.00 loan over 120 months including $4166.67 per month in interest equates to a $50,143.71 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the LEARJET 40 has total variable costs of $1,098,450.00, total fixed costs of $450,460.00, and an annual budget of $1,548,910.00. This breaks down to $3,442.02 per hour.

RANGE:
1,534 NM / 1,765 SM
SPEED:
436 KTS / 502 MPH
PRICE:
$2,000,000.00
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
$6.00
$6.00
Total Fixed Cost
$450,460.00
$479,860.00
Total Variable Cost
$1,098,450.00
$1,098,450.00
Annual Budget
$1,548,910.00
$1,578,310.00
Total Hourly Cost
$3,442.02
$3,507.36
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