1989 Learjet 55
Midsize Jet
Aircraft Details
Seller reportedAvionics & Equipment
IFRDescription
LOW TIME, MSP GOLD, WELL MAINTAINED (FRESH LANDING GEAR O/H), REFURBISHED INTERIOR, ADS-B OUT, DUAL FMS, DESIRED PRIVATE AFT LAV, DELTA FINS...AVAILABLE WITH PART 135 CERTIFICATE...and more !!!
Interior
SEATING NEW 2022 !!! 7-8 PASSENGER CONFIGURATION WITH 2 PLACE DIVAN AND 4 PLACE AFT CLUB. DESIRED PRIVATE AFT LAVATORY. 14” MONITOR IN FORWARD, RIGHT-HAND CABINET WITH VCR. B&D 5 LINE DISPLAY IN FORWARD LEFT-HAND CABINET. CD PLAYER.
Exterior
OVERALL MATTERHORN WHITE WITH PEWTER RED AND BLULE CUSTOM STRIPING.
Inspection
12 YEAR INSPECTION COMPLETED MARCH, 2015. 3000 & 6000 LANDING GEAR OVERHAULS COMPLETED JANUARY 2022 FLAP AD COMPLETED
Modifications / STCs
• ADS-B OUT
• AUTOFLITE PASSENGER BRIEFER
• DUAL DAVTRON CLOCKS
• SINGLE POINT REFUELING
• THRUST REVERSERS
• DELTA FINS
Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.
Price Comparison 1 active offer
| Source | Price | Location | Listed | Days on Market | Status | Action |
|---|---|---|---|---|---|---|
|
New Seating
globalplanesearch.com
|
Call for Price
|
FL | Mar 17, 2026 | — | Active | |
|
Nextjet
controller.com
|
Contact for price
|
Arlington, VA | Mar 25, 2026 | — | Active |
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AeroGurus Data & Analysis
Independent data from FAA, NTSB, and market analysis
About This Learjet 55
This 1989 Learjet 55 (N518SB) is a 10-seat midsize jet with 8,121 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 8,121 hours on the airframe, this aircraft has exceeded TBO (5,000 hrs) — verify engine status and overhaul reserve.
FAA registration status: Valid. 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
Learjet 55 — Model Specs
Model specificationStandard specs for this model. Actual aircraft may differ.
Estimated Cost of Ownership
AeroGurus estimateLEARJET 55
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
Registered Owner
GBA LEGACY LLC
Registration Address
HOPKINS, MN
Certificate Issued
2023-09-30
Airworthiness
1989-10-23
FAA Status
Valid
Source: FAA Aircraft Registry, updated Mar 15, 2026
Location & Ownership
Title Status
1 Active Lien
Security agreement on file — verify with seller before purchase
FAA Title Records — 1 document FAA DocIndex
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 database checked for N518SB.
Airworthiness Directives — Learjet 55
ADs are mandatory safety instructions issued by the FAA. 8 recent ADs found for this aircraft type.
Learjet Model 31, 31A, 35, 35A (C-21A), 36, 36A, 55, 55B, and 55C Airplanes, and Model 45 Airplanes
View full AD →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 →Learjet Model 23, 24, 25, 28, 29, 31, 35, 36, and 55 Series Airplanes
View full AD →Learjet Model 23, 24, 25, 28, 29, 31, 55, and 60 Series Airplanes
View full AD →Source: FAA Airworthiness Directives database. Showing most recent ADs for this aircraft type.
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