Lear 40 For Sale

Lear 40 Ownership Overview

Those considering an aircraft in the light jet market will want to find a Lear 40 for sale as it provides a flight performance and cabin space which many aircraft in its class fall short of.

The Lear 40 was crafted with aspects brought in from both the Lear 45 and the Lear 35, while addressing issues present in the Lear 31A, as a smaller aircraft without losing any of the flight performance capabilities. Introduced into the business jet market in 2004, this versatile aircraft consistently impresses buyers.

Lear 40 Cabin Experience

The Lear 40 is capable of transporting 6 passengers and 2 crew members. The aircraft includes a lavatory at the aft end of the 55ft long fuselage, inside the nearly 20ft long cabin.

Total cabin space is 370 cubic feet, with each person typically allocated 40 cubic feet of space. The width of the cabin interior is 5ft and the height is the same. The entry door is just under 5ft tall, and baggage is typically given 65 cubic feet of space broken up into internal and external compartments, with the bulk of the space in the latter.

Lear 40 Mission Profile

Customers who buy a Lear 40 are focused on shorter trips with smaller groups of people. Given the height of the aircraft, passengers generally remain seated which isn’t a problem given the comfortable seats Learjet has historically provided to customers.

The size of this aircraft shouldn’t turn buyers away, as it may be small, but it’s mighty. With the aircraft it was derived from, it has been manufactured to withstand a great deal in flight. This aircraft is seen in government transport across the world, which proves the reliability of performance in different weather conditions.

Buy or Sell a Lear 40 with evoJets

Are you interested in Lear 40 ownership? evoJets can help. Don't waste hours on public listing engines with outdated photos, vague information, and placeholders for prices.

Our experienced reps can wade through the fragmented Light Jet Sales market and help you buy, sell, trade, or lease your Lear 40 with efficiency. With over a decade of experience in business aviation charter and ownership, we have the off-market aircraft sales connections and industry knowledge to put you on a path to success.

Call evoJets today and speak to an aviation expert: (877) 970-5387.

Lear 40 Cost to Own

Acquisition cost for the Lear 40 typically ranges between $1.7-$1.8 million, significantly less than that of direct competitors such as the Hawker 400XP ($2.2 million total) and the Citation CJ3 ($5.8 million total). When factoring in market depreciation, the Lear 40 will cost buyers roughly $1.5-$1.6 million a year, which is around $100,000 more than the Hawker 400XP and on par with the Citation CJ3.

Lear 40 Operating Cost

Lear 40 direct operating cost is around $2,100-$2,200 per flight hour, more than the Citation CJ3 by at least $600 per flight hour and the Hawker 400XP by at least $200. This range includes fuel burn and various maintenance, crew, and operating fees. Annual fixed cost for the Lear 40 falls between $525,000-$527,000. The annual fixed cost for the competitors falls between $410,000-$420,000 a year.

Lear 40 Performance Overview

The Lear 40 is an eye-catching aircraft, as it is a patchwork of previous versions, focusing on improvements for the smaller side of the market. Flyers looking into aircraft for sale will find this twin engine to fit a niche market which many private jets fall short of.

Lear 40 Engines

The Lear 40 is powered by two Honeywell TFE 731-20AR powerplants with standard thrust reversers and 3,500lbs of thrust. The Lear 40 has a max cruise speed of 465kts, out performing that of the CJ3 and 400XP which are 420kts and 450kts, respectively.

The aircraft can land and takeoff in the following field lengths:

• FAR-91: 2,420ft
• FAR-135: 3,025ft
• FAR-121: 4,033ft

Lear 40 Payload

Max payload for the Lear 40 is nearly 2,300lbs and can carry that capacity for over 1,300nm. This aircraft can carry more weight, further, than the competitors.

Lear 40 Range

At long-range cruise, the Lear 40 has a range of over 1,600nm with a typical passenger load. Along similar parameters, the Citation CJ3 and Hawker 400XP reach distances nearly 100-400nm further.

Lear 40 Specifications