1996 Learjet 31
Light Jet
Aircraft Details
Seller reportedAvionics & Equipment
IFRDescription
5069 Total Hours • Honeywell MSP Gold • Raisbeck Fuselage Locker • XM Weather • WAAS / LPV • AirCell ST-3100 • Part 135 Ready
Interior
Year Refurbished: 2005 (by Rose Interiors) Configuration: Seven (7) passenger seating Six individual seats in center club arrangement One belted side-facing seat in vestibule Materials & Finish: Neutral grey leather seating Beige wool carpet High-gloss cherry cabinetry Brushed aluminum hardware Amenities: Forward left-hand galley
Exterior
White with blue and red accent stripes
Inspection
12-year inspection completed October 2020 (StandardAero)
Modifications / STCs
• Dee Howard thrust reversers
• 36” cargo door
• Dual King air data computers
• Triple SG-465 symbol generators
• King KST-488 speed/temperature display
• WAAS/LPV capability
• XM Weather
• Raisbeck aft fuselage storage locker
• USB charging ports
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 |
|---|---|---|---|---|---|---|
|
Corporate Jet Aviation
aircraftdealer.com
|
Contact for Price
|
SC | Mar 15, 2026 | 1 days | Active | |
|
Listing Source
globalplanesearch.com
|
Call for Price
|
Fl, FL | Mar 17, 2026 | — | Active | |
|
Corporate Jet Aviation
controller.com
|
Contact for price
|
Boca Raton, FL | Mar 25, 2026 | — | Active |
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AeroGurus Data & Analysis
Independent data from FAA, NTSB, and market analysis
About This Learjet 31
This 1996 Learjet 31 (N121LJ) is a 8-seat light jet with 5,069 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 5,069 hours on the airframe, this aircraft has exceeded TBO (4,000 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 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
Registered Owner
N121LJ LLC
Registration Address
ELMIRA, NY
Certificate Issued
2021-08-19
Airworthiness
1996-05-03
FAA Status
Valid
Source: FAA Aircraft Registry, updated Mar 15, 2026
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 database checked for N121LJ.
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.