1996 Learjet 31 for sale

1996 Learjet 31

Light Jet

FOR SALE
Contact for price
Location Boca Raton, FL
Total Time 5,069 hrs
Engine SMOH 5,069 hrs
Seats 8
Serial # 121
Reg # N121LJ
Engine Garrett TFE731-2 ×2
Cruise 445 kts (824 km/h)
ICAO Type LJ31
✓ FAA Valid ✓ Clean NTSB 10 ADs ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR
Avionics Suite: Bendix/King EFIS: Bendix/King EFS-10 (5 tube) Flight Director: Bendix/King KFC-3100 IFCS Autopilot: King KFC-3100 IFCS Comm: Dual Bendix/King VCS-40 Nav: Dual Bendix/King VNS-41 DME: Dual Bendix/King DM-441B ADF: Bendix/King DF-431B Transponder: Dual Bendix/King MST-67A AHRS: Dual Bendix/King KAU-461 FMS: Universal UNS-1LW Flight Guidance Computer (FGC): Dual King KCP-420 SATCOM: AirCell ST-3100 Radar: Bendix/King RDR-2000 TAWS: Honeywell Mark VII EGPWS Radio Altimeter: Honeywell KRA-405 TCAS: Bendix/King CAS-67A (TCAS II) CVR: Universal CVR-30 ELT: Artex C406

Description

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.

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AeroGurus

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

FAA registration: Valid (N121LJ LLC)
Safety record: 0 NTSB incidents
Airframe: 5,069 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

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

FAA records

Aircraft Location

Boca Raton, FL

Seller reported 1077 more aircraft in FL →

Title Status

No FAA title records

Available for US-registered aircraft only

Location note: Listed in Boca Raton, FL but FAA registration shows ELMIRA, NY. Aircraft may have been relocated. Confirm current location with seller.

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

Safety Record

No incidents found

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.

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.

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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.