2002 Learjet 60 for sale

2002 Learjet 60

Midsize Jet

FOR SALE
$2,275,000Great Deal
Location San Diego, CA
Total Time 5,858 hrs
Seats 10
Serial # 256
Reg # N401SY
Engine Pratt & Whitney Canada PW305
Cruise 438 kts (811 km/h)
ICAO Type LJ60
✓ Clean NTSB 10 ADs ✓ Verified recently

Aircraft Details

Seller reported

Description

Nice Charter Lear 60, Price Slashed to $2.275M., Will entertain trade proposals!

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

Price Comparison 1 active offer

Source Price Action
Aviation Unlimited
controller.com
$2,275,000

Estimate Monthly Payment

Learjet 60 loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Learjet 60

This 2002 Learjet 60 (N401SY) is a 10-seat midsize jet with 5,858 hours on the airframe. There are currently 53 60 aircraft listed for sale with asking prices ranging from $2,275,000 to $5,500,000. This aircraft is priced below the market average at $2,275,000.

The 60 cruises at 438 kts (811 km/h) with a range of 2,405 nm (4,454 km) — enough for transcontinental flights without refueling. Service ceiling of 51,000 ft allows operation above most weather.

Operating costs: Fuel burn is 185 GPH (700 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $1018/hr in fuel alone. Total variable cost including maintenance reserves is approximately $2,800/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $380,000. With 5,858 hours on the airframe, this aircraft has exceeded TBO (5,000 hrs) — verify engine status and overhaul reserve.

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

Safety record: 0 NTSB incidents
Airframe: 5,858 hours — verify engine time vs TBO (5,000 hrs)
Check 10 ADs compliance — mandatory before flight
Budget $2,775 for pre-purchase inspection

Learjet 60 — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
10
Cruise Speed
438 kts (811 km/h)
Max Speed
466 kts (863 km/h)
Range
2,405 nm (4,454 km)
Ceiling
51,000 ft (15,545 m)
Max Weight
23,500 lbs (10,660 kg)
Useful Load
5,800 lbs (2,631 kg)
Fuel Capacity
635 gal (2403 L)
Fuel Burn
185 GPH (700 L/h)
Engines
2
TBO
5,000 hrs

Estimated Cost of Ownership

AeroGurus estimate

LEARJET 60

Fuel Burn
185.0 GPH
~$1202/hr
Variable Cost
$2,800/hr
fuel + mx + reserves
Annual Fixed
$380,000/yr
hangar + insurance + annual
Engine Overhaul
$450,000
every 5,000 hrs

AeroGurus estimates based on industry averages for the LEARJET 60. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

FAA registration data pending for N401SY.

Location & Ownership

FAA records

Aircraft Location

San Diego, CA

Seller reported 744 more aircraft in CA →

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 N401SY against the NTSB accident database.

Airworthiness Directives — Learjet 60

ADs are mandatory safety instructions issued by the FAA. 10 recent ADs found for this aircraft type.

2010-11-11 2010-07-13

Learjet Inc. Model 60 Airplanes

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 →
2003-19-11 2003-11-03

Learjet Model 60 Airplanes

View full AD →
2001-12-02 2001-07-18

Learjet Model 55 Series Airplanes and Model 60 Airplanes

View full AD →
2000-23-18 2000-12-26

Learjet Model 60 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-99-48 1999-02-12

Honeywell IC-600 Integrated Avionics Computers, as Installed In, But Not Limited To, Empresa Brasileira de Aeronautica S.A. (EMBRAER) Model EMB-145 Series Airplanes

View full AD →
FR-98-20970 1998-08-24

Learjet Model 60 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.

Price History

2 price events · sources: controller.com, controlleremea.co.uk

AeroGurus Market Estimate AME

$2,475,000
Range: $2,409,750 — $3,150,000
Confidence: 70%
vs. Market
-8%
Good Deal

Similar Aircraft for Sale

$3,995,000
For Sale
Total Time 3,568
Location Dallas, TX
2 sources
Listed 2mo ago
Contact for Price
For Sale
Total Time 7,152
Location TX
Listed 2mo ago
Contact for Price
For Sale
Total Time 10,272
Location NY
Listed 2mo ago
Limited info
$3,995,000
For Sale
Total Time 3,106
Location FL
2 sources
Listed 2mo ago

Explore More

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.