Learjet 31AER Price and Operating Costs


Specifications


The LEARJET 31AER, manufactured from 1991 - 2003, 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 441 KTS/508 MPH, and a 1,443 NM/1,661 SM seats-full range. The LEARJET 31AER has a 3,705' balanced field length and 3,207' landing distance. The cabin measures 04'04" high, 04'11" wide, and 12'11" long. It has a total baggage capacity of 30.00 ft^3; 30.00 ft^3 being internal and 00.00 ft^3 being external.


Pricing


Depending on numerous factors, the average price for a pre-owned LEARJET 31AER is $1,000,000.00. A $500,000.00 loan over 120 months including $2083.33 per month in interest equates to a $25,071.86 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the LEARJET 31AER has total variable costs of $1,301,400.00, total fixed costs of $489,392.00, and an annual budget of $1,790,792.00. This breaks down to $3,979.54 per hour.

RANGE:
1,443 NM / 1,661 SM
SPEED:
441 KTS / 508 MPH
PRICE:
$1,000,000.00
MAX PASSENGERS:
6 people
LEARJET 31AER
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
$489,392.00
$614,192.00
Total Variable Cost
$1,301,400.00
$1,301,400.00
Annual Budget
$1,790,792.00
$1,915,592.00
Total Hourly Cost
$3,979.54
$4,256.87

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