LEARJET 45 Price and Operating Costs

Specifications
The LEARJET 45, manufactured from 1998-2007, requires a 2 person crew and can transport up to 8 passengers. The aircraft has a maximum operating altitude of 51,000', a normal cruise speed of 436 KTS/502 MPH, and a 1,387 NM/1,598 SM seats-full range. The LEARJET 45 has a 4,241' balanced field length and 3,103' landing distance. The cabin measures 04'11" high, 05'01" wide, and 19'09" 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 45 is $1,509,999.75. A $1,260,900.00 loan over 120 months including $5253.75 per month in interest equates to a $63,226.21 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the LEARJET 45 has total variable costs of $905,175.00, total fixed costs of $415,374.00, and an annual budget of $1,320,549.00. This breaks down to $2,934.55 per hour.