1992 Learjet 31
Light Jet
Aircraft Details
Seller reportedAvionics & Equipment
IFRDescription
RECENT OVERHAULED -2C UPGRADED ENGINES ON EAP, UNIVERSAL UNS-1EW WITH WAAS LPV, TCAS II, NEW AHRS UNIT, WIFI...and more !!!
Interior
EIGHT (8) PLACE INTERIOR WITH BELTED FORWARD SIDE-FACING LAVATORY, FORWARD FOUR (4) PLACE CLUB, AND AFT THREE (3) PLACE DIVAN. SEATS UPHOLSTERED IN CREAM LEATHER. BEIGE CARPET WITH MEDIUM BROWN WOOD VENEER.
Exterior
PAINTED BY WEST STAR AVIATION (GRAND JUNCTION, CO) MARCH 2015. OVERALL SNOW WHITE WITH BLACK VELVET METALLIC AND DIAMOND SILVER METALLIC STRIPING. EXCELLENT CONDITION.
Inspection
PHASE A INSPECTION DUE MAY 2026 OR 8,026.4 TT PHASE B INSPECTION DUE JUNE 2026 OR 8,266.5 TT PHASE C INSPECTION DUE JULY 2028 OR 8,866.5 TT PHASE D INSPECTION DUE MARCH 2029 OR 9,492.1 TT 3000 CYCLE LANDING DUE AT 9,133 LANDINGS 6000 CYCLE LANDING DUE AT 11,980 LANDINGS 12 YEAR AIRFRAME INSPECTION DUE JUNE 2028
Modifications / STCs
• MID CONTINENT USB CHARGING OUTLETS (8) IN CLUB & COCKPIT
• DEE HOWARD TR-4000 TR’S
• KGS SS50 60 CYCLE INVERTER & CABIN OUTLETS
• RAISBECK AFT VENTRAL LOCKER & FINS
• SB 31-8-2 (INCREASED GROSS MTOW 17,700 POUNDS)
• SINGLE POINT REFUELING
• N1 DIGITAL ELECTRONIC ENGINE COMPUTERS (DEEC)
• 36-INCH MAIN ENTRY DOOR
• RVSM CAPABLE
• XM WEATHER
• GOGO ATG-5000 WIFI
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 |
|---|---|---|---|---|---|---|
|
Nextjet
controller.com
|
Contact for price
|
Arlington, VA | Mar 25, 2026 | — | Active |
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Learjet 31 loan calculator
AeroGurus Data & Analysis
Independent data from FAA, NTSB, and market analysis
About This Learjet 31
This 1992 Learjet 31 (702GW) is a 8-seat light jet with 7,787 hours on the airframe. There are currently 26 31 aircraft listed for sale with asking prices ranging from $499,000 to $1,290,000.
The 31 cruises at 445 kts (824 km/h) with a range of 1,488 nm (2,756 km) — suitable for regional and medium-distance travel. Service ceiling of 51,000 ft allows operation above most weather.
Operating costs: Fuel burn is 145 GPH (549 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $798/hr in fuel alone. Total variable cost including maintenance reserves is approximately $2,200/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $300,000. With 7,787 hours on the airframe, this aircraft has exceeded TBO (4,000 hrs) — verify engine status and overhaul reserve.
NTSB records show 0 incidents for this airframe — a clean safety record. There are 10 airworthiness directives applicable to this aircraft type — review AD compliance carefully before purchase.
Pre-Purchase Checklist
Learjet 31 — Model Specs
Model specificationStandard specs for this model. Actual aircraft may differ.
Estimated Cost of Ownership
AeroGurus estimateLEARJET 31
AeroGurus estimates based on industry averages for the LEARJET 31. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.
Ownership & Registration
FAA registry covers US-registered aircraft (N-numbers).
This aircraft (702GW) is registered outside the US.
Location & Ownership
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 702GW against the NTSB accident database.
Airworthiness Directives — Learjet 31
ADs are mandatory safety instructions issued by the FAA. 10 recent ADs found for this aircraft type.
Honeywell International Inc. TFE731-2C, -3B, -3BR, -3C, -3CR, -3D, -3DR, -4R, -5AR, -5BR, -5R, -20R, -20AR, -20BR, -40, -40AR, -40R, and -60 Series Turbofan Engines
View full AD →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, 24A, 24B, 24B-A, 24D, 24D-A, 24E, 24F, 25, 25A, 25B, 25C, 25D, and 25F Airplanes Modified by Supplemental Type Certificate SA1731SW, SA1669SW, or SA1670SW
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), and 36 Airplanes
View full AD →Honeywell International Inc. (Formerly AlliedSignal Inc. and Garrett Turbine Engine Co.) TFE731-2 and -3 Series Turbofan Engines
View full AD →Honeywell International Inc. TFE731-2 and -3 Series Turbofan Engines
View full AD →Honeywell International Inc. TFE731-2, -3, and -4 Series Turbofan Engines
View full AD →Source: FAA Airworthiness Directives database. Showing most recent ADs for this aircraft type.
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