2005 Learjet 45 for sale

2005 Learjet 45

Light Jet

FOR SALE
Contact for price
Location Arlington, VA
Engine SMOH 2,849 hrs
Seats 9
Serial # 2028
Reg # N40XR
Engine Garrett TFE731-20-AR ×2
Cruise 438 kts (811 km/h)
ICAO Type LJ45
✓ FAA Valid ✓ Clean NTSB 10 ADs ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR
HONEYWELL PRIMUS ELITE SYSTEM UPGRADE FMS: DUAL UNIVERSAL UNS-1EW’S (WAAS/LPV) RADAR: WU-660 COM: DUAL HONEYWELL RM-833K RAD ALT: RT-300 DME: DUAL HONEYWELL RNZ-851 TCAS: TCAS-2000 (WITH 7.1) EGPWS: HONEYWELL MARK V HF COM: KHF-950 WITH SELCAL ADF: HONEYWELL RNZ-851 GPS: DUAL UNS-1EW’S XPNDR: DUAL HONEYWELL RM-855 FDR: DIGITAL FDR AUTOPILOT: HONEYWELL IC-600 CVR: HONEYWELL SSCVR EFIS: 4 TUBE SYNTHETIC VISION DU-875 ADC: DUAL AZ-850 AHRS: DUAL LCR-100 UPGRADES ELT: ARTEX C406-2

Description

ONE OWNER SINCE NEW !!! IMPECCABLE LEAR 40XR OPTION WITH BR ENGINE UPGRADES, MSP GOLD, HONEYWELL PRIMUS ELITE W/ SYNTHETIC VISION UPGRADE, UPGRADED DU-875 SCREENS, TCAS II CHANGE 7.1...and more !!!

Interior

CARPET REPLACED JUNE 2021 – TIMELESS GREY NEW ZEALAND WOOL SEATING FOR 2 CREW AND 7 PASSENGERS, WITH A FORWARD CLUB FOUR ARRANGEMENT, INCLUDING OPTIONAL PLUG IN SLIMLINE TABLES FOR THE REAR SEATS. COCKPIT IS STANDARD CONFIGURATION WITH SEATS IN SMOKE GREY. LIGHT GREY HEADLINER AND SIDEWALL. FIRE-BLOCKED SEATS FINISHED IN CREAM LEATHER WITH DOVE GREY ARMRESTS. CABINETRY IS A HIGH GLOSS WALNUT BURL. PRIVATE AFT LAVATORY WITH LIGHTED VANITY, SINK, AND FLUSHING BELTED TOILET. ENTERTAINMENT INCLUDES DVD, CD & AIRSHOW 400. FORWARD & AFT MONITORS. FIVE. 110VAC OUTLETS. SEAT STORAGE DRAWERS. WARMING OVEN.

Exterior

OVERALL MATTERHORN WHITE WITH TITANIUM, NAVY BLUE AND MEDIUM GREEN STRIPES RE-PAINTED IN JANUARY 2007. AIRCRAFT LOCKING PACKAGE. PERMAGARD APPLIED FEBRUARY 2022

Inspection

MAINTAINED CURRENT ALL MAINTENANCE COMPLETED BY BOMBARDIER/LEARJET WICHITA

Modifications / STCs

UNILINK 701

DUAL ANGLE OF ATTACK INDICATORS

COCKPIT VOICE RECORDER

ICS-200 DUAL CHANNEL IRIDIUM PHONE

CONCORDE 38 AH BATTERIES

PULSE LIGHT

LOPRESTI BOOM BEAM LIGHTS

ADS-B OUT

XM WEATHER

HONEYWELL DU-875 SCREENS FITTED OCTOBER 2018 STC01842WI

HONEYWELL PRIMUS ELITE ADVANCED FEATURES UPGRADE.

SYNTHETIC VISION

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 45

This 2005 Learjet 45 (N40XR) is a 9-seat light jet . There are currently 69 45 aircraft listed for sale with asking prices ranging from $1,495,000 to $12,000,000.

The 45 cruises at 438 kts (811 km/h) with a range of 2,120 nm (3,926 km) — enough for transcontinental flights without refueling. Service ceiling of 51,000 ft allows operation above most weather.

Operating costs: Fuel burn is 170 GPH (643 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $935/hr in fuel alone. Total variable cost including maintenance reserves is approximately $2,500/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $350,000.

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 (PALACE AVIATION INC TRUSTEE)
Safety record: 0 NTSB incidents
Check 10 ADs compliance — mandatory before flight
Budget $2,550 for pre-purchase inspection

Learjet 45 — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
9
Cruise Speed
438 kts (811 km/h)
Max Speed
465 kts (861 km/h)
Range
2,120 nm (3,926 km)
Ceiling
51,000 ft (15,545 m)
Max Weight
21,500 lbs (9,752 kg)
Useful Load
5,200 lbs (2,359 kg)
Fuel Capacity
575 gal (2176 L)
Fuel Burn
170 GPH (643 L/h)
Engines
2
TBO
5,000 hrs

Estimated Cost of Ownership

AeroGurus estimate

LEARJET 45

Fuel Burn
170.0 GPH
~$1105/hr
Variable Cost
$2,500/hr
fuel + mx + reserves
Annual Fixed
$350,000/yr
hangar + insurance + annual
Engine Overhaul
$400,000
every 5,000 hrs

AeroGurus estimates based on industry averages for the LEARJET 45. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

Registered Owner

PALACE AVIATION INC TRUSTEE

Registration Address

WILMINGTON, DE

Certificate Issued

2022-06-02

Airworthiness

2005-05-06

FAA Status

Valid

Source: FAA Aircraft Registry, updated Mar 15, 2026

Location & Ownership

FAA records

Aircraft Location

Arlington, VA

Seller reported 115 more aircraft in VA →

Title Status

No FAA title records

Available for US-registered aircraft only

Location note: Listed in Arlington, VA but FAA registration shows WILMINGTON, DE. 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 N40XR.

Airworthiness Directives — Learjet 45

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

2011-13-10 2011-08-01

Learjet Inc. Model 45 Airplanes

View full AD →
2011-04-08 2011-03-31

Learjet Inc. Model 45 Airplanes

View full AD →
2010-21-19 2010-11-18

Learjet Inc. Model 45 Airplanes

View full AD →
2010-06-13 2010-04-01

Learjet Inc. Model 45 Airplanes

View full AD →
2009-24-22 2010-01-08

Learjet Inc. Model 45 Airplanes

View full AD →
2009-11-13 2009-06-17

Learjet Model 45 Airplanes

View full AD →
2008-01-03 2008-02-14

Learjet Model 45 Airplanes

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 →
2007-09-03 2007-05-11

Learjet Model 45 Airplanes

View full AD →
2006-10-15 2006-05-31

Learjet Model 45 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.