2001 Learjet 31
Light Jet
Aircraft Details
Seller reportedAvionics & Equipment
IFRBendix/King EFS-50 w/ED-551 • Bendix/King KFC-3100 IFCS • Dual Bendix/King KCP-420 Fight Computer • Dual Bendix/King AHRS • Universal UNS-1Ew w/WAAS LPV FMS • Universal Solid State Data Transfer Unit (SSDTU) • Dual Bendix/King VC-401B Coms • Dual Bendix/King VN-411B Navs • Bendix/King DM-441 DME • Dual ACSS NXT-700 Transponders • ACSS NXG 900 WAAS GPS • Bendix/King CAS-67 TCAS-II • AlliedSignal MK VII EGPWS • Bendix/King RDR-2000 • Bendix/King DF-431B ADF • Universal CVR-30A • Bendix/King KHF-950 (wiring provisions) • Artex 406 ELT
Description
Engines on MSP • 12 year inspection c/w Dec 2025 by Duncan Aviation • Raisebeck ZR Lite performance mod • 2021 paint by Duncan Aviation • Universal UNS-1Ew with WAAS LPV FMS
Interior
This aircraft has an executive interior configured for eight passengers. The seats are covered in Dark Brown leather, with earth tone sidewalls and carpet. The cabin is a forward 4-place club arrangement, aft 3-place divan forward refreshment area forward lavatory. The cabinetry is finished in gloss veneer. Original in very good condition.
Exterior
Base Paint Colors: Overall Snow White Stripe Colors: Phantom Gray Pearl and Medium Silver Pearl Last Painted: 2021 New November 2021 by Duncan Aviation.
Modifications / STCs
• AlliedSignal N1 DEEC’s
• Raisbeck aft fuselage storage locker
• Raisbeck ZR LITE performance mod
• 17,000 Gross Take off Weight
• Dee Howard TR-4000 Thrust Reversers
• Cargo door
• Concord Sealed Lead Acid Batteries
• Pulse Light System
• B&D Cabin Display
• Two 110v AC cabin outlets
Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.
Price Comparison Listed on multiple marketplaces
| Source | Price | Location | Listed | Days on Market | Status | Action |
|---|---|---|---|---|---|---|
|
Duncan Aviation Aircraft Sales
globalair.com
|
Contact for price
|
NE | Mar 13, 2026 | 2 days | Active | |
|
Doug Roth
avbuyer.com
|
Please call
|
NE | Mar 16, 2026 | 123 days | Active | |
|
Listing Source
aso.com
|
$: Inquire
|
NE | Mar 14, 2026 | 1 days | Active | |
|
Listing Source
globalplanesearch.com
|
Call for Price
|
NE | Mar 17, 2026 | 122 days | Active | |
|
Duncan Aviation
aviationtrader.com.au
|
Contact for price *
Contact for price
|
Lincoln, NE | Apr 06, 2026 | 102 days | Active | |
|
Duncan Aviation
controlleremea.co.uk
|
Contact for price *
Contact for price
|
Lincoln, NE | Apr 08, 2026 | 100 days | Active |
* Converted to USD at daily European Central Bank (ECB) exchange rates
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AeroGurus Data & Analysis
Independent data from FAA, NTSB, and market analysis
About This Learjet 31
This 2001 Learjet 31 (N260LF) is a 8-seat light jet with 3,228 hours on the airframe. There are currently 18 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 3,228 hours on the airframe, this aircraft has 772 hours remaining to engine TBO .
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
SK AIR LLC
Registration Address
LINCOLN, NE
Certificate Issued
2018-12-12
Airworthiness
2002-12-06
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 N260LF.
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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