N16LJ 1986 Learjet 55
- 1986Built
- 13Seats
- 2,244 nmRange
- 419 ktCruise
- 51,000 ftCeiling
INSIDE
The Learjet 55 cabin.
Illustrations of a typical Learjet 55 cabin, not N16LJ’s. Every aircraft’s completion differs.
SPECIFICATIONS
Learjet 55 specs
Published figures for the type, from public sources. A given aircraft varies with its completion, weight and mods.
- Model
- Learjet 55
- Year
- 1986
- Serial number
- 126
- Engines
- 2 × Honeywell TFE-731 (series)
- Thrust
- 4,000 lbf each
- Seats
- Up to 13
- Range
- 2,244 nm
- Cruise
- 419 ktas
- Published Mach
- 0.76
- Ceiling
- 51,000 ft
- Fuel capacity
- 1,001 US gal
- ICAO type
- LJ55
THE AIRCRAFT’S LIFE
N16LJ, from delivery to today.
Registration events from FAA records, compiled November 2025. Maintenance, damage and component history live in the logbooks, not the registry.
-
First Security Bank
Listed with First Security Bank at original registration (N7260J then later re-registered).
FAA registry -
Wells Fargo Bank
Re-registered to Wells Fargo Bank (registration record).
FAA registry -
MBG
Registered/operator listed as MBG (delivery/registration recorded 2003-10-27).
FAA registry -
Lear Holding Corp
Registered to Lear Holding Corp (Wilmington, DE); FAA certificate issued 2024-11-22.
FAA registry
FAA REGISTRATION
Registration details
- Registration
- N16LJ
- Status
- Current as of November 2025
- Certificate issued
- Nov 22, 2024
- Airworthiness date
- Nov 5, 2003
- Last FAA action
- Nov 22, 2024
- Registration expires
- Nov 30, 2031
- Mode S code (hex)
- A0F058
- Aircraft category
- Fixed-wing multi-engine
- Weight class
- 12,500 to 19,999lbs
From FAA registry data as of November 2025. Check the FAA registry for the current record.
OWNERSHIP
Registered owner
Lear Holding Corp
ESTIMATED VALUE
What N16LJ might be worth
No estimate on record
Value depends on total time, engine program, damage history and the completeness of the logbooks.
Open the aircraft value toolEQUIPMENT AND HISTORY
As reported in public sources
- Cabin
- Typical 2 crew + 7 executive seating; optional higher-density layouts (up to 10-13) reported.
- Interior
- Executive cabin with forward galley and aft lavatory; typical club seating and cabinetry for mid-size corporate missions.
Listings and registries are not the logbooks. A pre-buy confirms equipment, program status and damage history from the records themselves.
RESEARCH NOTES
About N16LJ
Compiled with AI assistance from the public sources listed below, November 2025. Not checked against the aircraft's logbooks.
Overview
This entry documents airframe N16LJ, a Gates Learjet 55 built in 1986 with manufacturer serial number 126. The airframe is registered in the United States and is held in corporate ownership by Lear Holding Corp, a corporation based in Wilmington, DE, US. The airframe's recorded manufacturer is Gates Learjet Corp and its configuration and equipment reflect the Learjet 55 lineage as delivered in the mid-1980s. Public records for this specific registration indicate corporate custody rather than individual or commercial charter operation.
Operations & Cabin
The documented cabin layout for this airframe follows typical Learjet 55 arrangements, with two flight crew and executive seating; the configuration data notes a standard fit of two crew plus seven executive seats while optional higher-density layouts up to ten to thirteen seats have been reported. As a corporate-owned airframe, missions are consistent with business and executive transport over the Learjet 55’s stated range of 2,244 nm and cruise of 419 kts, operating from the United States registry. Maintenance considerations for this specific airframe are driven by its twin Honeywell TFE-731 turbofan installations and by legacy airframe age, reflecting a 1986 build year.
Model & Market Context
This particular Gates Learjet 55 airframe exemplifies the family’s blend of high-altitude capability and moderate transcontinental range, combining a certified ceiling of 51,000 ft with cruise speeds near 419 kts. The twin Honeywell TFE-731 engines, each producing approximately 4,000 lbf, define the Learjet 55’s performance and are a primary focal point for recurrent maintenance and part-support planning. Cabin flexibility, documented as typical two-crew plus seven-executive seating with optional layouts through thirteen seats, supports varied corporate mission profiles and affects valuation and resale considerations for this airframe. Ownership by Lear Holding Corp places the aircraft within corporate asset management rather than individual ownership records.
SOURCES
Where this page comes from
Built from FAA registry records, manufacturer specifications, and public flight-tracking and market data, compiled November 2025. Values come from Radar’s aircraft value model. Owners and operators can ask for a correction or removal.
BUYING, SELLING OR FINANCING
What to check before a deal
- Pre-buy records reviewWhat to read in the logbooks before you sign
- Aircraft title searchLiens, registrations and the chain of title
- Aircraft valuationHow records, time and programs move the price
- Aircraft maintenance recordsWhat a complete records package holds
Own or manage N16LJ? Put its logbooks in Radar.
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N16LJ is not a Radar customer record. This page is built from public sources as of November 2025. Owners and operators can ask for a correction or removal.