1994 Learjet 31 for sale

1994 Learjet 31

Light Jet

FOR SALE
$595,000Good Deal
Location Ball Ground, GA
Total Time 3,625 hrs
Engine SMOH 3,625 hrs
Seats 8
Serial # 0100
Reg # N342JP
Engine Garrett TFE731-2
Cruise 445 kts (824 km/h)
ICAO Type LJ31
✓ Clean NTSB 10 ADs ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR
Dual King ADF-431B Dual Bendix/King KRA-405 Radar Altimeter Dual Bendix/King KAU-461 AHRS Dual Bendix/King VNS-41 Navs Bendix/King KFC-3100 IFCS AP/FD Bendix/King RMI Dual Bendix/King VCS-40 Comms BFGoodrich WX-1000 Stormscope Universal CVR-80 BendixKing KP-560 Class B TAWS Dual King DM-441B DME BFGoodrich Skywatch TCAS Bendix/King EFS-10 5-Tube EFIS Dual Bendix/King MST67A Transponders Universal UNS-1L FMS Bendix/King RDS-84VP Weather Radar Bendix/King KHF-950 HF Radio

Description

Integrity Jets is representing this 1994 Learjet 31A for sale. The aircraft has been inactive since July 2024 thus will require return-to-service maintenance and associated inspections to bring it current, presenting an opportunity for a buyer prepared to address deferred items as part of the acquisition. Cosmetically, the aircraft shows well, with an attractive exterior and a clean, well-kept interior that reflect consistent care over its life. With maintenance brought up to date, it would represent a capable and efficient light jet with solid overall presentation.

Modifications / STCs

J.E.T. AI-804 Standby Horizon

Cargo Door

Winglets

Single-Point Refueling

Dee Howard Thrust Reversers

Anti-Skid Brakes

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

Price Comparison 1 active offer

Source Price Action
Integrity Jets
globalair.com
Contact for price
Listing Source
aso.com
$: Inquire
Listing Source
globalplanesearch.com
Call for Price
Integrity Jets
controller.com
$595,000
Integrity Jets
controlleremea.co.uk
$606,336 *
GBP £450,314
Integrity Jets
aviationtrader.com.au
$614,678

* Converted to USD at daily European Central Bank (ECB) exchange rates

Estimate Monthly Payment

Learjet 31 loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Learjet 31

This 1994 Learjet 31 (N342JP) is a 8-seat light jet with 3,625 hours on the airframe. There are currently 24 31 aircraft listed for sale with asking prices ranging from $499,000 to $1,090,000. This aircraft is priced below the market average at $595,000.

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 3,625 hours on the airframe, this aircraft has 375 hours remaining to engine TBO .

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

Safety record: 0 NTSB incidents
Airframe: 3,625 hours — verify engine time vs TBO (4,000 hrs)
Check 10 ADs compliance — mandatory before flight
Budget $2,175 for pre-purchase inspection

Learjet 31 — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
8
Cruise Speed
445 kts (824 km/h)
Max Speed
481 kts (891 km/h)
Range
1,488 nm (2,756 km)
Ceiling
51,000 ft (15,545 m)
Max Weight
17,000 lbs (7,711 kg)
Useful Load
3,600 lbs (1,633 kg)
Fuel Capacity
413 gal (1563 L)
Fuel Burn
145 GPH (549 L/h)
Engines
2
TBO
4,000 hrs

Estimated Cost of Ownership

AeroGurus estimate

LEARJET 31

Fuel Burn
145.0 GPH
~$942/hr
Variable Cost
$2,200/hr
fuel + mx + reserves
Annual Fixed
$300,000/yr
hangar + insurance + annual
Engine Overhaul
$300,000
every 4,000 hrs

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 registration data pending for N342JP.

Location & Ownership

FAA records

Aircraft Location

Ball Ground, GA

Seller reported 197 more aircraft in GA →

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 N342JP 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.

2010-06-11 2010-04-21

Honeywell International Inc. TFE731 Series Turbofan Engines

View full AD →
2008-02-19 2008-03-06

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 →
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 →
2005-23-06 2005-12-19

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 →
2005-13-36 2005-08-09

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 →
2005-13-07 2005-07-27

Honeywell International Inc. (Formerly AlliedSignal Inc. and Garrett Turbine Engine Co.) TFE731-2 and -3 Series Turbofan Engines

View full AD →
2005-05-15 2005-04-18

Honeywell International Inc. TFE731-2 and -3 Series Turbofan Engines

View full AD →
2004-03-08 2004-03-15

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

View full AD →
2001-23-09 2001-12-21

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.

Price History

2 price events · sources: controller.com, controlleremea.co.uk

AeroGurus Market Estimate AME

$595,000
Range: $499,000 — $1,090,000
Confidence: 70%
vs. Market
0%
Fair Price

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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.