N38MG 1989 Learjet 31 (certified family)
- 1989Built
INSIDE
The Original Learjet 31 seven-passenger example cabin.
Illustrations of a representative Original Learjet 31 seven-passenger example cabin, not N38MG’s. Every aircraft’s completion differs. Original Learjet 31 reference for the qualified source cohort. Installed modifications, equipment and cabin completion vary. Explore the Learjet 31 (certified family) interior and layout. Learjet 31 (certified family) interior: cabin size and seat map.
ROUGH RANGE
What N38MG might be worth, and where it’s heading.
A rough range: Radar's value model doesn't cover the Learjet 31 (certified family) on its own yet. From Radar's listing-based estimates for business jets of similar engine thrust and age. The Cessna Citation XLS+ curve gives the shape of the forecast, and the range is widened to match. Not an appraisal.
Learjet 31 (certified family) price by build year, and the for-sale market
SPECIFICATIONS
Learjet 31 (certified family) specs
Published figures for the type, from public sources. A given aircraft varies with its completion, weight and mods.
- Model
- Learjet 31 (certified family)
- Year
- 1989
- Serial number
- 009
- Engines
- 2 × Honeywell TFE-731-SER
- Thrust
- 4,000 lbf each
THE AIRCRAFT’S LIFE
N38MG, from delivery to today.
Registration events from FAA records, compiled October 2026. Maintenance, damage and component history live in the logbooks, not the registry.
-
Alliance Air Parts Inc
Registered as N335AT.
FAA registry -
Registry record
Airworthiness date on the current FAA record (standard category).
FAA registry -
MC Aviation Group LLC
Registered as N505HG.
FAA registry -
Registry record
N505HG registration cancelled (exported to Mexico).
FAA registry -
Bay Venture Management LLC
Certificate of registration issued as N38MG.
FAA registry -
Registry record
N335AT registration cancelled.
FAA registry
FAA REGISTRATION
Registration details
- Registration
- N38MG
- Status
- Current as of October 2026
- Certificate issued
- Dec 5, 2022
- Airworthiness date
- Aug 12, 2004
- Last FAA action
- Sep 22, 2023
- Registration expires
- Dec 31, 2029
- Mode S code (hex)
- A45A0B
- Aircraft category
- Light jet
- Weight class
- 12,500-19,999lbs
From FAA registry data as of October 2026. Check the FAA registry for the current record.
OWNERSHIP
Registered owner
Bay Venture Management LLC
SOURCES
Where this page comes from
Built from FAA registry records, manufacturer specifications, and public flight-tracking and market data, compiled October 2026. 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
- ADs that may apply to this aircraft →FAA airworthiness directives that name N38MG’s make and model
- N-number lookupLook up any other US aircraft by its registration
- 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 N38MG? Put its logbooks in Radar.
Radar reads every logbook page, typed or handwritten, and builds one searchable record for the aircraft: times, inspections, ADs and components, each tied to the page it came from.
N38MG is not a Radar customer record. This page is built from public sources as of October 2026. Owners and operators can ask for a correction or removal.