Learjet 40 price Value, specs, cabin and the US fleet
- US fleet74
- Max Mach0.81
A rough value guide across the registered fleet: $2.5M to $5.5M by build year, 2002 to 2012, the middle of each year's range. Configuration, condition and logbooks determine an individual aircraft's value. Light jet, built 2002 to 2012. 74 are on the US register, each with its own page by tail number (FAA data, October 2026).
Learjet 40 range, speed and specs at a glance
- Top speed
- Mach 0.81Maximum operating Mach
- Ceiling
- 51,000 ftMaximum certified altitude
- Cabin
- 4 ft 11 in high, 5 ft 1 in wide
Manufacturer and type certificate figures. Full Learjet 40 specs · Charter a Learjet 40
PRICE: A ROUGH RANGE
Learjet 40 price: a rough range by build year.
Radar's value model does not cover the Learjet 40 yet, so this is a rough range, not an estimate for any one aircraft. From Radar's listing-based estimates for business jets of similar engine thrust and age. The band is the range for each build year and the line its middle. Hours, engines, damage history, equipment and the logbooks move the price of any one aircraft.
- 2012 Learjet 40Rough range$3.7M–$8.2M
- 2007 Learjet 40Rough range$2.5M–$5.6M
- 2002 Learjet 40Rough range$1.7M–$3.8M
FOR SALE AND THE MARKET
Learjet 40 for sale: the market in numbers.
Radar does not list aircraft for sale. Before you shop, this is the market the listings sit in: what has sold, what changed hands, and the fleet a buyer chooses from.
- US-registered 74 Built 2002 to 2012
- Registered in the last year 11 New certificates since Oct 5, 2025: deliveries, changes of owner and renewals
- Registered to entities 96% 71 to companies and trusts, 3 to individuals
Recently registered
- N56LE2004 Learjet 40 · registered Jul 30, 2026 · Aircraft Holding Solutions LLC Trustee
- N700MB2008 Learjet 40 · registered Apr 22, 2026 · Bennett Aviation LLC
- N301RJ2007 Learjet 40 · registered Apr 12, 2026 · 301RJ LLC
- N618PJ2007 Learjet 40 · registered Feb 18, 2026 · Forty ER LLC
- N769GT2006 Learjet 40 · registered Feb 10, 2026 · GTA40 LLC
- N116PJLearjet 40 · registered Jan 12, 2026 · Forty ER LLC
- N403LS2009 Learjet 40 · registered Jan 6, 2026 · Ra Aviation Holdings LLC
- N82JK2007 Learjet 40 · registered Jan 3, 2026 · Plane Crazy LLC
Where they are registered
- TX 11
- UT 10
- DE 8
- AR 7
- FL 7
- OH 5
- OK 5
- MI 4
- VA 3
- CA 2
State of the registered owner's address. Many aircraft are registered to companies or trusts in states other than where they are based.
INTERIOR
The Learjet 40 interior and seat map.
Illustration of a representative Learjet 40 cabin and its layout. Every aircraft's completion differs. The cabin is 4 ft 11 in high and 5 ft 1 in wide. Compare private jet interiors by class.
Learjet 40 interior: cabin size, seat map
SPECIFICATIONS
Learjet 40 specs
Published figures, from the manufacturer and the type certificate. A given aircraft varies with its completion, weight and modifications.
Sources: easa.europa.eu, Published aircraft reference
- Category
- Light jet
- Maximum operating Mach
- Mach 0.81
- Ceiling
- 51,000 ft
- Engines
- 2 × Honeywell TFE731-20 series
- Thrust
- 3,500 lbf each
- Standard avionics
- Honeywell Primus 1000
- Cabin height
- 4 ft 11 in
- Cabin width
- 5 ft 1 in
AIRWORTHINESS DIRECTIVES
28 FAA ADs in effect name the Learjet 40
ADs published since 1995 whose applicability names the type; 4 require recurring actions. Whether one applies to a given aircraft depends on its serial number and equipment.
- AD 2023-01-05 One-time
Learjet, Inc., Airplanes
This AD was prompted by a determination that new or more restrictive airworthiness limitations are necessary.
Applicability, as the AD words it
This AD applies to Learjet, Inc., Model 45 (Learjet 40), Model 45 (Learjet 45), Model 45 (Learjet 70), and Model 45 (Learjet 75) airplanes, certificated in any category, with an original airworthiness certificate or original export certificate of airworthiness issued on or before January 18, 2022.
- AD 2021-23-11 One-time
Learjet Inc. Airplanes
This AD was prompted by a report of a fuel leak due to a cracked fuel line between the engine fuel control and the engine fuel flow meter.
Applicability, as the AD words it
This AD applies to Learjet Inc. Model 45 (Learjet 40), Model 45 (Learjet 45), Model 45 (Learjet 70), and Model 45 (Learjet 75) airplanes, serial numbers 45-002 through 45-556 and 45-2001 through 45-2146, certificated in any category.
- AD 2021-23-08 Recurring
Learjet Inc. Airplanes
This AD was prompted by reports of corrosion found on the upper surface of the lower center wing mid spar splice plate.
Applicability, as the AD words it
This AD applies to Learjet Inc. Model 45 (Learjet 40), Model 45 (Learjet 45), Model 45 (Learjet 70), and Model 45 (Learjet 75) airplanes, serial numbers 45-002 through 45-596 and 45-2001 through 45-2146, certificated in any category.
- AD 2015-12-06 One-time
Learjet Inc. Airplanes
This AD was prompted by reports of non-conforming windshield supports (coupe rails).
Applicability, as the AD words it
This AD applies to Learjet Inc. Model 45 airplanes, certificated in any category, as identified in Bombardier Recommended Service Bulletin 40-56-03, Revision 1, dated October 15, 2012 (for airplanes having serial numbers (S/Ns) 45-2000 through 45-2120 inclusive, and S/Ns 45-2122 through 45-2130 inclusive); and Bombardier Recommended Service Bulletin 45-56-3, Revision 1, dated October 15, 2012 (for airplanes having S/Ns 45-005 through 45-427 inclusive).
ADs that may apply to the Learjet 40: all 33, with applicability → · Look up ADs by N-number · AD burden by model, ranked
EVERY TAIL
Learjet 40 aircraft by tail number
| Registration | Year | Serial | Registered owner |
|---|---|---|---|
| N140HM | 2008 | 2103 | Harbert Aviation 40 LLC |
| N137BR | 2007 | 45-2068 | Cimarron Aviation LLC |
| N133VS | 2006 | 2060 | VRS Holdings LLC |
| N141JM | 2004 | 2010 | TVPX Aircraft Solutions Inc Trustee |
| N115LJ | Not on record | 2115 | Umb Bank NA Trustee |
| N341AE | 2012 | 2132 | Conquest Express LLC |
| N256AH | 2011 | 2123 | Apple Six Hospitality Air LLC |
| N345GC | 2011 | 2121 | TVPX Aircraft Solutions Inc Trustee |
| N998NJ | 2011 | 2130 | Northern Jet Management Inc |
| N209MD | 2010 | 2127 | Ra Aviation Holdings LLC |
| N802AK | 2010 | 2128 | Ra Aviation Holdings LLC |
| N44LG | 2009 | 2125 | Harborjet LLC |
| N46MW | 2009 | 2126 | Creamer Pilot Services LLC |
| N57MC | 2009 | 2118 | Massman Construction Co |
| N382BA | 2009 | 2119 | N435SC LLC |
| N403LS | 2009 | 2124 | Ra Aviation Holdings LLC |
| N990WA | 2009 | 2122 | Ra Aviation Holdings LLC |
| N40PD | 2008 | 2111 | Lear Flight LLC |
| N97EJ | 2008 | 2095 | Air Echo LLC |
| N480ES | 2008 | 2097 | Eagle Rock Air Inc |
| N654DP | 2008 | 2092 | Six Five Aviation LLC |
| N672SC | 2008 | 2099 | Glacier Flying Service LLC |
| N700MB | 2008 | 2106 | Bennett Aviation LLC |
| N770TD | 2008 | 2101 | Tango Delta LLC |
| N945EJ | 2008 | 2108 | TVPX Aircraft Solutions Inc Trustee |
| N29RE | 2007 | 2069 | Home State Insurance Group Inc |
| N41UA | 2007 | 45-2074 | Razorback Foundation Inc |
| N82JK | 2007 | 2072 | Plane Crazy LLC |
| N90XR | 2007 | 2090 | International Aviation Technical Services Inc |
| N301RJ | 2007 | 2071 | 301RJ LLC |
| N618PJ | 2007 | 2076 | Forty ER LLC |
| N711BH | 2007 | 2070 | 711 Holdings LLC |
| N799WW | 2007 | 2085 | Varsity Equipment LLC |
| N930CC | 2007 | 2078 | 4 Eagles LLC |
| N975DM | 2007 | 2073 | San LLC |
| N1932 | 2007 | 2082 | A H Beck Foundation Co Inc |
| N21NB | 2006 | 2045 | Northbound Air LLC |
| N40GP | 2006 | 45-2061 | Bank of Utah Trustee |
| N219RB | 2006 | 2058 | Pauli-Mar Investment Co |
| N239SR | 2006 | 2049 | Apple Realty Group Inc |
Show 34 more Learjet 40 tail numbers
| Registration | Year | Serial | Registered owner |
|---|---|---|---|
| N253RM | 2006 | 2053 | 452053 LLC |
| N305FC | 2006 | 2063 | N305FC LLC |
| N340SR | 2006 | 2043 | TVPX Aircraft Solutions Inc Trustee |
| N440JA | 2006 | 2044 | Creamer Pilot Services LLC |
| N623FC | 2006 | 2047 | Mundi Energy LLC |
| N769GT | 2006 | 2056 | GTA40 LLC |
| N784CC | 2006 | 2052 | Xcel Jet Management Inc |
| N909MV | 2006 | 2067 | Xcel Jet Management Inc |
| N40BG | 2005 | 2041 | Alliance Air Parts Acquisitions Corp |
| N40XR | 2005 | 2028 | Palace Aviation Inc Trustee |
| N49HM | 2005 | 2036 | Flying Bullet LLC |
| N95BL | 2005 | 2030 | TVPX Aircraft Solutions Inc Trustee |
| N265CW | 2005 | 2042 | Ode Family Logistics LLC |
| N290GS | 2005 | 2038 | Bank of Utah Trustee |
| N823HL | 2005 | 2037 | TVPX Aircraft Solutions Inc Trustee |
| N56LE | 2004 | 2021 | Aircraft Holding Solutions LLC Trustee |
| N479JS | 2004 | 2012 | West Lake Holdings Inc |
| N499GS | 2004 | 2014 | N499GS LLC |
| N840AC | 2004 | 2013 | TVPX Aircraft Solutions Inc Trustee |
| N605BX | 2003 | 2004 | Xcel Jet Management Inc |
| N670JM | 2003 | 2005 | Remlat Aircraft LLC |
| N401LJ | 2002 | 2001 | Davis Air LLC |
| N35FJ | Not on record | 2008 | TFJG Air LLC |
| N90BT | Not on record | 45-2054 | B & G Aviation Inc |
| N116PJ | Not on record | 2027 | Forty ER LLC |
| N307DL | Not on record | 2002 | Nova Jets USA Corp |
| N411AJ | Not on record | 2011 | Xcel Jet Management Inc |
| N537XX | Not on record | 2022 | 945HC LLC |
| N853LT | Not on record | 2032 | N853LT Aviation LLC |
| N2286D | Not on record | 2091 | Team Aero LLC |
| N2758W | Not on record | 2066 | Sunrise Aviation LLC |
| N750ST | 2012 | 2133 | Privately registered |
| N724FS | 2005 | 2033 | Privately registered |
| N521CH | Not on record | 2023 | Privately registered |
Registry data and public sources. Individual owners are not named.
Other Learjet models
Learjet: every model compared · Light jets compared · Browse every aircraft type
QUESTIONS
Learjet 40 questions, answered from the data
How much does a Learjet 40 cost?
Radar's rough range is about $3.7M to $8.2M for a 2012 and $1.7M to $3.8M for a 2002. From Radar's listing-based estimates for business jets of similar engine thrust and age. These are rough ranges, not appraisals: hours, engines, damage history, equipment and the logbooks move the price of any one aircraft.
What affects the price of a Learjet 40?
What moves the price of any one Learjet 40: total time and engine time, engine program enrollment, damage history, avionics and equipment, and complete logbooks. Build year sets the baseline shown on this page; a Learjet 40 with high hours, an engine near overhaul or gaps in its records sells below it, and one with low time, recent inspections and full records above it.
Where can I find a Learjet 40 for sale?
Radar does not list aircraft for sale. It tracks all 74 US-registered Learjet 40s by tail number, each with its registration record and a value estimate, so you can check a listing against the value of its build year and look up the aircraft's own history before you call.
How many Learjet 40s are there?
74 Learjet 40s are on the US civil aircraft register (FAA file of October 2026), built 2002 to 2012. Aircraft registered in other countries are not counted. Radar has a page for each US registration.
What are the Learjet 40's specs?
As published: a maximum operating Mach of 0.81, a ceiling of 51,000 ft, a cabin 4 ft 11 in high, 5 ft 1 in wide and 2 × Honeywell TFE731-20 series engines. A given aircraft varies with its completion, weight and modifications.
How fast is the Learjet 40?
Its maximum operating Mach number (the speed limit it is certified to) is 0.81. Cruise speeds depend on altitude and weight.
How high can a Learjet 40 fly?
The Learjet 40 is certified to 51,000 feet. Heavy aircraft climb there in steps as they burn fuel.
How big is the Learjet 40 cabin?
4 ft 11 in high and 5 ft 1 in wide, as published.
Who owns Learjet 40s?
Of the 74 US-registered Learjet 40s, 71 (96%) are registered to companies, trusts and other entities and 3 to individuals. Radar names entity owners only; individuals are shown as privately registered. The most common states of registration are TX (11), UT (10), DE (8).
Operate a Learjet 40? Put its logbooks in Radar.
Radar reads every logbook page, typed or handwritten, and builds one searchable record per tail: times, inspections, ADs and components, each tied to the page it came from.