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/1,597 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 $2,520,000.00. A $1,272,500.00 loan over 120 months including $5302.08 per month in interest equates to a $63,807.88 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the LEARJET 45 has total variable costs of $1,046,250.00, total fixed costs of $522,045.00, and an annual budget of $1,568,295.00. This breaks down to $3,485.10 per hour.