1999 Learjet 31
Midsize Jet
Aircraft Details
Seller reportedAvionics & Equipment
IFRDescription
GORGEOUS, LOW TIME, WELL MAINTAINED, MSP GOLD, TCAS II, UNIVERSAL UNS-1EW, AFT LOCKER...and more!!!
Interior
EIGHT (8) PASSENGER SEATING ARRANGEMENT WITH BEIGE LEATHER SEATING, MID-CABIN 4-PLACE CLUB, AFT 3-PLACE DIVAN, IVORY ISIT LEATHER HEADLINER, FORWARD REFRESHMENT CENTER. HIGH-GLOSS BURLED ROSEWOOD WOODWORK, NICKEL-PLATED HARDWARE, PULL-OUT TABLES, HARD PARTITIONS & COCKPIT DOORS. ENTERTAINMENT SYSTEM W/AIRSHOW 400, DVD PLAYER & DUAL ROSEN MONITORS. DESIRABLE FORWARD BELTED LAV.
Exterior
OVERALL MATTERHORN WHITE WITH BLACK, GREY ACCENTS AND RED TAIL, DELTA FINS AND WINGLETS. NEW IN 2019 BY HILL AERO.
Inspection
MAINTAINED CURRENT PART 91. 12 YEAR INSPECTION COMPLIED WITH NOVEMBER 2023 BY FLORIDA JET
Modifications / STCs
• RAISBECK AFT FUSELAGE LOCKER
• CARGO DOOR
• SINGLE POINT PRESSURE REFUELING
• DEE HOWARD 4000 THRUST REVERSERS
• LEAD ACID BATTERIES
• ADS-B OUT
• DORNE & MARGOLIN ELT 14
• GROSS WEIGHT INCREASE MOD (17,700 GTOW)
• PULSELITES
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 |
|---|---|---|---|---|---|---|
|
Listing Source
globalplanesearch.com
|
Call for Price
|
GA | 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 31
This 1999 Learjet 31 (N70AY) is a 8-seat midsize jet with 5,683 hours on the airframe. There are currently 24 31 aircraft listed for sale with asking prices ranging from $499,000 to $1,090,000.
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 5,683 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
SMI AIR LLC
Registration Address
WILMINGTON, DE
Certificate Issued
2016-07-28
Airworthiness
2000-02-18
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 N70AY.
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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