Lear 55 Ownership Overview
Buyers familiar with the Learjet family know the Lear 55 was the jet which made a big impact on the market as it paved the way for the future innovative aircraft of its family. This aircraft was built so it could compete in the growing business jet market, to which it performed well. Any Lear 55 for sale will provide promise to prospective buyers, as it brings reliability and innovation to the table. Nearly 150 of the type were produced before being taken over by the Lear 60.
Lear 55 Cabin Experience
The Lear 55 is capable of transporting 7 passengers and 2 crew members. The aircraft includes a lavatory at the end of its 55ft long fuselage, inside its nearly 20ft long cabin.
Total cabin space is just over 400 cubic feet, allowing for a width and height of nearly 6ft each way. Each passenger typically receives 40 cubic feet of space and the entry door is just over 5ft tall. Baggage is allocated 60 cubic feet of space broken up into internal and external storage compartments, with the majority on the inside.
Lear 55 Mission Profile
Customers who buy a Lear 55 appreciate its history of redevelopments and improvements. This aircraft has been designed and modified to fit the needs of the market, so that any buyer who invests in it will be pleased. With attractive purchase and operating prices, this aircraft provides comfort to those who want to travel at a speedy rate, as this aircraft is a quick one.
Due to its design, the Lear 55 is a stable aircraft, which travelers will enjoy in-flight. It’s winglets were designed by NASA, thus attracting buyers who want the quality and reliability backed by an administration whose job relies on protecting people and machines traveling off the surface of the Earth.
Buy or Sell a Lear 55 with evoJets
Are you interested in Lear 55 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 Don't waste hours on public listing engines with outdated photos, vague information, and placeholders for prices.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 Midsize Jet Sales market and help you buy, sell, trade, or lease your Lear 55 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.
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Lear 55 Cost to Own
Acquisition cost for the Lear 55 typically ranges from $870,000-$880,000, which is less than that of the Hawker 800, but more than the Falcon 20, which are direct competitors for this jet. When factoring in market depreciation, it generally has the highest total annual cost of around $1.7-$1.8 million in comparison to the Hawker 800 and Falcon 20 which cost buyers $1.9-$2.2 million.
Lear 55 Operating Cost
Lear 55 direct operating cost is around $2,900 per flight hour, at the low end of the range set by the two competing aircraft which is $2,900-$3,500, with the Falcon 20 at the high end. This rate includes fuel burn, as well as various maintenance, crew, and operating fees. The annual fixed cost for the Lear 55 is roughly $505,000-$510,000, around $20,000-$30,000 cheaper than the Falcon 20 and Hawker 800.
Lear 55 Performance Overview
The Lear 55 has been in operation for a long time for a reason. It has adapted to the needs of the market, while only ever improving in points such as fuel efficiency and comfort. Flyers looking into aircraft for sale will look to the Lear 55 because it has proved to consistently meet the needs of those traveling in smaller groups who need to get places as fast as they can. This aircraft works for the customer.
Lear 55 Engines
The Lear 55 is equipped with two Honeywell TFE 731-3AR engines with optional thrust reverser and 3,700lbs of thrust. The Lear 55 has a max cruise speed of 490kts, significantly faster than the Falcon 20 which has a max cruise speed of 460kts and the Hawker 800 which has a max cruise speed of just over 440kts.
The aircraft can land and takeoff in the following field lengths:
- FAR-91: 2,800ft
- FAR-135: 3,500ft
- FAR-121: 4,667ft
Lear 55 Payload
Max payload for the Lear 55 is 2,450lbs, and at that capacity has the ability to fly over 1,900nm. The Lear 55 outperforms the competition by a minimum of 450lbs. The range of the Hawker 800 is about 400nm further.
Lear 55 Range
At long-range cruise, the Lear 55 has a range of more than 1,950nm with a typical passenger load. This jet falls on the higher end of the competition as the Hawker has a range of 2,500nm and the Falcon has a range of 1,450nm.
Lear 55 Specifications
Lear 55 General Info | |
---|---|
Aircraft Class | Midsize Jet |
Aircraft Manufacturer | Bombardier Aerospace |
Aircraft Year of Manufacture | 1981 - 1990 |
Lear 55 Financial Data | |
Acquisition Cost | $787,500 - $962,500 |
Variable Cost | $2,602 - $3,180/hr |
Annual Cost | $1,528,407 - $1,868,053 |
Fixed Cost | $50,988 - $458,890 |
Market Depreciation | $60,000 |
Retail Charter Rate | $2,700/hr |
Average Charter Net | $59/hr |
Lear 55 Performance Data | |
Fuel Burn | 250 gal/hr |
Max Cruise | 490 kts |
135 Landing | 3,500 ft |
135 Takeoff | 3,500 ft |
91 Landing | 2,800 ft |
91 Takeoff | 2,800 ft |
121 Landing | 4,667 ft |
121 Takeoff | 4,667 ft |
Max Payload | 2,450 lbs |
Basic Operating Weight | 12,550 lbs |
Max Takeoff Weight | 21,500 lbs |
Lear 55 Cabin Details | |
Cabin Dimensions | 16'7" x 5'9" x 5'7" |
Cabin Volume | 532 |
Seat Count | 6-8 |