1982 Learjet 55 for sale

1982 Learjet 55

Midsize Jet

FOR SALE
Contact for price
Location Arlington, VA
Total Time 11,415 hrs
Seats 10
Serial # 035
Reg # N762MG
Engine Garrett TFE731-3A-2B
Cruise 430 kts (796 km/h)
ICAO Type LJ55
✓ Clean NTSB 8 ADs ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR
DUAL COLLINS FDS-85 FLIGHT DIRS. COLLINS ADF-60 UNIVERSAL UNS-1EW FMS With LPV/WAAS GARMIN GTN 750XI GPS/COMM DUAL COLLINS VIR-30A NAVS KING KHF 950 DUAL GARMIN GTX 3X5R TRANSPONDERS GARMIN GTN 750XI TAWS B TAS/SAT W/ROSEMOUNT PROBE RYAN TCAD TRAFFIC DISPLAY GARMIN GWX 75 DIGITAL DOPLER RADAR ARTEX ME406 ELT FAIRCHILD GA100 CVR DUAL ALLEN 3137 RMI’S FLIGHTSTREAM 510 WIRELESS CONNECT DUAL COLLINS DME-40 COLLINS ALT-55B RADIO ALTIMETER JET FCS-200 AUTO PILOT

Description

GORGEOUS LEARJET 55 OPPORTUNITY WITH FRESH PAINT, FRESH ENGINE OVERHAULS, ON MSP GOLD, GARMIN GTN 750XI UPGRADE, UNIVERSAL UNS-1EW WITH WAAS/LPV. UPGRADED GARMIN DIGITAL DOPLAR WEATHER RADAR...and more !!!

Interior

FORWARD TWO PLACE DIVAN, FOUR PLACE EXECUTIVE CLUB, SINGLE EXECUTIVE SEAT IN AFT CABIN. DESIRABLE BELTED AFT LAVATORY.

Exterior

NEW !!! MATTERHORN WHITE WITH GREY STRIPES.

Inspection

FRESH 300 HOUR AND 600 HOUR INSPECTIONS FROM SPECTRA JET MARCH 2026 FRESH ENGINE OVERHAULS MARCH 2026

Modifications / STCs

DRAG CHUTE

SINGLE POINT REFUELING W/HEATERS

AIRSHOW DISPLAY

BELTED LAV

EROS OXYGEN MASKS

LEAD ACID BATTERIES

FREON AIR CONDITIONING

Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.

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AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Learjet 55

This 1982 Learjet 55 (N762MG) is a 10-seat midsize jet with 11,415 hours on the airframe. There are currently 13 55 aircraft listed for sale with asking prices ranging from $415,000 to $1,095,000.

The 55 cruises at 430 kts (796 km/h) with a range of 1,850 nm (3,426 km) — suitable for regional and medium-distance travel. Service ceiling of 51,000 ft allows operation above most weather.

Operating costs: Fuel burn is 165 GPH (625 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $908/hr in fuel alone. Total variable cost including maintenance reserves is approximately $2,600/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $350,000. With 11,415 hours on the airframe, this aircraft has exceeded TBO (5,000 hrs) — verify engine status and overhaul reserve.

NTSB records show 0 incidents for this airframe — a clean safety record. There are 8 airworthiness directives applicable to this aircraft type — review AD compliance carefully before purchase.

Pre-Purchase Checklist

Safety record: 0 NTSB incidents
Airframe: 11,415 hours — verify engine time vs TBO (5,000 hrs)
Check 8 ADs compliance — mandatory before flight
Budget $2,475 for pre-purchase inspection

Learjet 55 — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
10
Cruise Speed
430 kts (796 km/h)
Max Speed
460 kts (852 km/h)
Range
1,850 nm (3,426 km)
Ceiling
51,000 ft (15,545 m)
Max Weight
21,500 lbs (9,752 kg)
Useful Load
5,200 lbs (2,359 kg)
Fuel Capacity
530 gal (2006 L)
Fuel Burn
165 GPH (625 L/h)
Engines
2
TBO
5,000 hrs

Estimated Cost of Ownership

AeroGurus estimate

LEARJET 55

Fuel Burn
165.0 GPH
~$1072/hr
Variable Cost
$2,600/hr
fuel + mx + reserves
Annual Fixed
$350,000/yr
hangar + insurance + annual
Engine Overhaul
$400,000
every 5,000 hrs

AeroGurus estimates based on industry averages for the LEARJET 55. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

FAA registration data pending for N762MG.

Location & Ownership

FAA records

Aircraft Location

Arlington, VA

Seller reported 122 more aircraft in VA →

Title Status

No FAA title records

Available for US-registered aircraft only

Source: FAA Aircraft Registry, FAA Civil Aviation Registry (DocIndex). Title data may be delayed. Always verify with an aviation attorney before purchase.

Safety Record

NTSB safety data coming soon.

We'll check N762MG against the NTSB accident database.

Airworthiness Directives — Learjet 55

ADs are mandatory safety instructions issued by the FAA. 8 recent ADs found for this aircraft type.

FR-00-7335

Learjet Model 35, 35A, 36, 36A, 55, 55B, and 55C Airplanes

View full AD →
2009-03-01 2009-03-05

Learjet Model 55, 55B, and 55C Airplanes

View full AD →
2007-17-17 2007-10-02

Learjet Model 31, 31A, 35, 35A (C-21A), 36, 36A, 55, 55B, and 55C Airplanes, and Model 45 Airplanes

View full AD →
2007-04-18 2007-03-23

Learjet Model 23, 24, 24A, 24B, 24B-A, 24C, 24D, 24D-A, 24E, 24F, 24F-A, 25, 25A, 25B, 25C, 25D, 25F, 28, 29, 31, 31A, 35, 35A (C-21A), 36, 36A, 55, 55B, and 55C Airplanes

View full AD →
2001-12-02 2001-07-18

Learjet Model 55 Series Airplanes and Model 60 Airplanes

View full AD →
2001-07-11 2001-05-01

Learjet Model 23, 24, 25, 28, 29, 31, 35, 36, and 55 Series Airplanes

View full AD →
FR-99-19297 1999-09-07

Learjet Model 23, 24, 25, 28, 29, 31, 55, and 60 Series Airplanes

View full AD →
FR-95-22457 1995-10-12

Learjet Model 35, 35A, 36, 36A, 55, 55B, and 55C Airplanes

View full AD →

Source: FAA Airworthiness Directives database. Showing most recent ADs for this aircraft type.

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Prices and listings updated daily · Data: FAA Registry, NTSB · About our data
Disclaimer: All prices, cost estimates, and market values shown are based on asking prices from third-party sources and are provided for informational purposes only. AeroGurus is not an appraiser, broker, or financial advisor. Always obtain a professional appraisal and independent inspection before making a purchase decision. Actual transaction prices may differ from asking prices.