LEARJET 40XR Price and Operating Costs

Specifications
The LEARJET 40XR, manufactured from 2004-2012, 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 1,734 NM/1,997 SM seats-full range. The LEARJET 40XR has a 4,563' balanced field length and 3,100' 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 40XR is $1,898,750.00. A $1,823,250.00 loan over 120 months including $7596.88 per month in interest equates to a $91,424.53 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the LEARJET 40XR has total variable costs of $891,562.50, total fixed costs of $409,381.00, and an annual budget of $1,300,943.50. This breaks down to $2,890.99 per hour.