LEARJET 55 Price and Operating Costs


Specifications
The LEARJET 55, manufactured from 1981 - 1990, requires a 2 person crew and can transport up to 7 passengers. The aircraft has a maximum operating altitude of 51,000', a normal cruise speed of 447 KTS/515 MPH, and a 1,823 NM/2,098 SM seats-full range. The LEARJET 55 has a 4,875' balanced field length and 3,564' landing distance. The cabin measures 05'09" high, 05'11" wide, and 16'08" long. It has a total baggage capacity of 60.00 ft^3; 40.00 ft^3 being internal and 20.00 ft^3 being external.


Pricing
Depending on numerous factors, the average price for a pre-owned LEARJET 55 is $680,000.00. A $340,000.00 loan over 120 months including $1416.67 per month in interest equates to a $17,048.86 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the LEARJET 55 has total variable costs of $1,453,500.00, total fixed costs of $489,973.00, and an annual budget of $1,943,473.00. This breaks down to $4,318.83 per hour.

RANGE:
1,823 NM / 2,098 SM
SPEED:
447 KTS / 515 MPH
PRICE:
$680,000.00
MAX PASSENGERS:
7 people
LEARJET 55
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
$489,973.00
$389,573.00
Total Variable Cost
$1,453,500.00
$1,453,500.00
Annual Budget
$1,943,473.00
$1,843,073.00
Total Hourly Cost
$4,318.83
$4,095.72

LEARJET 55

Retail High/Low/Average
Highest Price Found
$680,000.00
Lowest Price Found
$680,000.00
Average Price
$680,000.00
Avg. w/o High & Low
$0.00
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