2002 LEARJET 31 SOLD

No longer listed as of April 2026. The price below is the last asking price — the final sale price is not disclosed.

No photo available
Last asking price
$1,395,000
Overpriced
Year
2002
Make
Learjet
Model
31
Total Time
4,359 hr
Location
Lititz, PA
Seller
Matt White
Source
controller.com
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Listing closed
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Performance & Capacity

Seats
8
Cruise
445 kts
Max Speed
481 kts
Range
1,488 nm
Ceiling
51,000 ft
Useful Load
3,600 lbs
Fuel
413.0 gal
Burn
145.0 gph
Engines
2 · Turbofan
MTOW
17,000 lbs
ICAO Type
LJ31

Manufacturer-published specs for the Learjet 31 model. Actual aircraft may vary by configuration / modifications.

Operating Cost (est.)

Hourly Variable
$2,200
Annual Fixed
$300,000
Engine Overhaul
$300,000
TBO
4,000 hrs

AeroGurus estimates based on industry averages for the Learjet 31. Actual costs vary by location, usage, maintenance history, and configuration.

Market price band

Learjet 31 typical: $499,000 – $1,090,000 median $499,000 across 24 active listings

This listing at $1,395,000 is 180% above median.

Description

Professionally maintained LearJet 31A. ZR Lite Performance Mod and Raisbeck Aft luggage. Fully paid engine program MSP Gold. Aircraft will be going under 12 year inspection in April and sold post-12 year. Buyer has perfect opportunity to use the 12 year as pre-buy inspection and have aircraft ready to go. East coast located. We manage several LJ31a and can help with sourcing management and pilots to interested individuals if so desired.

About the Learjet 31

The Learjet 31 (and improved 31A) is the light, swept-wing Learjet of the late 1980s and 1990s — a four-to-five-seat light jet powered by twin Garrett TFE731-2 engines, cruise ~460 kt and range ~1,500 nm. The 31 introduced the "Delta-fin" stabilator and is the lightest Learjet of its era. Production ended in 2003; a relatively small fleet compared to the 35 it overlapped with.

Produced 1988–2003. Total produced: 230.