2002 Learjet 31 for sale

2002 Learjet 31

Light Jet

FOR SALE
$995,000
Location WI
Total Time 3,558 hrs
Seats 8
Serial # 31A-240
Reg # N616LK
Engine Garrett TFE731-2
Cruise 445 kts (824 km/h)
ICAO Type LJ31
✓ Clean NTSB 9 ADs ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

Honeywell Integrated Flight Control System Universal UNS-1E FMS Honeywell CAS-67A TCAS II Change 7.1 Bendix King EFS-50 Five-Tube EFIS King-3100 Autopilot Dual Collins VHF-22D Comms Dual Wulfsberg VM-411B Navs Dual NXT-700 ADS-B Transponders Bendix RDR-2000 Weather Radar Allied Signal Mark Universal Solid State Data Transfer Unit (SSDTU) Inspections Inspection Type Performed Next Due C & D Checks Performed: September 2025 12-Year Inspection Performed: June 2026 3,000 Hour Landing Gear Inspection Performed: June 2026 Two (2) New Windshields (4/16/21)

C & D Checks c/w by Stein’s (9/25) 12-Year Inspection Completed by Spectra Jet (6/26) 3,000 Hour Landing Gear Inspection Completed by Spectra Jet (6/26)

Description

Airframe: Total Hours: 3,558 Total Cycles: 2,885 Raisbeck Aft Fuselage Storage Locker Raisbeck ZR LITE Performance Mod 17,700 Increased Gross Takeoff Weight Mod Dee Howard TR-4000 Thrust Reversers Concord Sealed Lead Acid Batteries Whelen HID Landing Light Mod Engines: HONEYWELL TFE731-2C-3B Engine 1 Serial Number: 117109 Hours Since New: 3,558 Cycles Since New: 2,885 Engine 2 Serial Number: 117110 Hours Since New: 3,558 Cycles Since New: 2,885 Avionics: Honeywell Integrated Flight Control System Universal UNS-1E FMS Honeywell CAS-67A TCAS II Change 7.1 Bendix King EFS-50 Five-Tube EFIS King-3100 Autopilot Dual Collins VHF-22D Comms Dual Wulfsberg VM-411B Navs Dual NXT-700 ADS-B Transponders Bendix RDR-2000 Weather Radar Allied Signal Mark Universal Solid State Data Transfer Unit (SSDTU) Inspections Inspection Type Performed Next Due C & D Checks Performed: September 2025 12-Year Inspection Performed: June 2026 3,000 Hour Landing Gear Inspection Performed: June 2026 Two (2) New Windshields (4/16/21), C & D Checks c/w by Stein’s (9/25), 12-Year Inspection Completed by Spectra Jet (6/26), 3,000 Hour Landing Gear Inspection Completed by Spectra Jet (6/26) Additional Equipment/Features: GDL-52R ADS-B In AirText Remote Inflight Phone/Text/Email Yoke Mounts for iPad Mini’s Dual Mid-Continent Chronos Digital Clocks w/Dual USB Ports AlliedSignal N1 DEEC’s Raisbeck Aft Fuselage Storage Locker Raisbeck ZR LITE Performance Mod 17,700 Increased Gross Takeoff Weight Mod Dee Howard TR-4000 Thrust Reversers Concord Sealed Lead Acid Batteries Whelen HID Landing Light Mod B&D Cabin Display Two 110v AC Cabin Outlets Interior: This aircraft features a well-appointed executive interior configured for seven (7) passengers. The cabin includes a center four-place club seating arrangement, an aft two-place divan, and a belted forward lavatory seat. The interior is finished with light gray leather seating, complemented by beige sidewalls and carpeting, creating a clean and inviting cabin environment. A forward refreshment center and storage cabinet with a medium wood-tone finish provide added convenience and functionality for passengers. Exterior: New Custom Designed Paint 2019 – Ceramic Coated every other year since. Overall White Base with Blue and Teal accents. Send a message to Gary Meisner at Meisner Aircraft, Inc.

Engine

HONEYWELL TFE731-2C-3B Engine 1 Serial Number: 117109 Hours Since New: 3,558 Cycles Since New: 2,885 Engine 2 Serial Number: 117110 Hours Since New: 3,558 Cycles Since New: 2,885

Interior

This aircraft features a well-appointed executive interior configured for seven (7) passengers. The cabin includes a center four-place club seating arrangement, an aft two-place divan, and a belted forward lavatory seat. The interior is finished with light gray leather seating, complemented by beige sidewalls and carpeting, creating a clean and inviting cabin environment. A forward refreshment center and storage cabinet with a medium wood-tone finish provide added convenience and functionality for passengers.

Exterior

New Custom Designed Paint 2019 – Ceramic Coated every other year since. Overall White Base with Blue and Teal accents. Send a message to Gary Meisner at Meisner Aircraft, Inc.

Inspection

Two (2) New Windshields (4/16/21) C & D Checks c/w by Stein’s (9/25) 12-Year Inspection Completed by Spectra Jet (6/26) 3,000 Hour Landing Gear Inspection Completed by Spectra Jet (6/26)

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

Price Comparison Listed on multiple marketplaces

Source Price Action
Meisner Aircraft
globalair.com
$995,000
Meisner Aircraft
aircraftexchange.com
$995,000

Estimate Monthly Payment

Learjet 31 loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Learjet 31

This 2002 Learjet 31 (N616LK) is a 8-seat light jet with 3,558 hours on the airframe. There are currently 3 Learjet 31 aircraft listed for sale with asking prices ranging from $950,000 to $995,000. This aircraft is priced above the market average at $995,000.

The Learjet 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 3,558 hours on the airframe, this aircraft has 442 hours remaining to engine TBO .

NTSB records show 0 incidents for this airframe — a clean safety record. There are 9 airworthiness directives applicable to this aircraft type — review AD compliance carefully before purchase.

Pre-Purchase Checklist

Safety record: 0 NTSB incidents
Airframe: 3,558 hours — verify engine time vs TBO (4,000 hrs)
Check 9 ADs compliance — mandatory before flight
Compare prices across multiple sources — same aircraft, different marketplaces
Budget $2,175 for pre-purchase inspection

Learjet 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 N616LK.

Location & Ownership

FAA records

Aircraft Location

WI

Seller reported 107 more aircraft in Wisconsin →

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 N616LK against the NTSB accident database.

Airworthiness Directives — Learjet Learjet

ADs are mandatory safety instructions issued by the FAA. 9 recent ADs found for this aircraft type.

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 →
2004-03-08 2004-03-15

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

View full AD →
2001-07-11 2001-05-01

Learjet Model 23, 24, 25, 28, 29, 31, 35, 36, and 55 Series Airplanes

View full AD →
FR-99-29470 1999-12-21

Learjet Model 31, 31A, 35, 35A, and 60 Airplanes

View full AD →
FR-99-19297 1999-09-07

Learjet Model 23, 24, 25, 28, 29, 31, 55, and 60 Series Airplanes

View full AD →
FR-95-24902 1995-10-26

Learjet Model 31A and 60 Airplanes

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.