Skip to content
Illustration of a Learjet 31A. Not a photo of N500MP.
Illustration of the Learjet 31A, not a photo of N500MP.

N500MP 2000 Learjet 31A

Serial number 198. Registered to N500MP LLC, Alma, MI, US.

  • 2000Built
Learjet 31A: specs, US fleet and every tail number

INSIDE

The Learjet 31A six-seat lounge cabin.

Illustrations of a representative Learjet 31A six-seat lounge cabin, not N500MP’s. Every aircraft’s completion differs. Explore the Learjet 31A interior and layout. Learjet 31A interior: cabin size and seat map.

Representative Learjet 31A cabin looking aft, with four club chairs and a two-place rear bench; actual interiors vary
A representative Learjet 31A six-seat lounge cabin.
Top-down view of a Learjet 31A six-seat lounge cabin. Representative six-seat lounge Learjet 31A layout: four club chairs and a two-place rear bench. A separate belted toilet is not counted in these six lounge seats. Not the installed layout of this aircraft.
Representative six-seat lounge Learjet 31A layout: four club chairs and a two-place rear bench. A separate belted toilet is not counted in these six lounge seats. Not the installed layout of this aircraft.

ROUGH RANGE

What N500MP might be worth, and where it’s heading.

A rough range: Radar's value model doesn't cover the Learjet 31A on its own yet. From Radar's listing-based estimates for business jets of similar engine thrust and age, set to the level of the 3 Learjet 31A estimates on Radar. The Embraer Phenom 300/300E curve gives the shape of the forecast, and the range is widened to match. Not an appraisal.

N500MP · On program · rough range

$1.1M

$758.6K$1.6M
In 2031
$751.1K
Value kept
68%
Per year
−7.3%
Program effect
$62.1K
Confidence
Low

5-year projection

The Embraer Phenom 300/300E curve, scaled to a rough range for this Learjet 31A

$520.1K$836.3K$1.2M$1.5MNow20272028202920302031On program $751.1KOff program $639.5K
Engine program
Horizon
Open the aircraft value tool

SPECIFICATIONS

Learjet 31A specs

Published figures for the type, from public sources. A given aircraft varies with its completion, weight and mods.

Full Learjet 31A specs, range and cabin

Model
Learjet 31A
Year
2000
Serial number
198
Engines
2 × Honeywell (Garrett) TFE731-2-3B

THE AIRCRAFT’S LIFE

N500MP, from delivery to today.

Registration events from FAA records, compiled October 2026. Maintenance, damage and component history live in the logbooks, not the registry.

  1. Registry record

    Airworthiness date on the current FAA record (standard category).

    FAA registry
  2. N500MP LLC

    Certificate of registration issued as N500MP.

    FAA registry
  3. Royal Air Freight Inc

    Registered as N198GJ.

    FAA registry
  4. Registry record

    N198GJ registration cancelled (FAA status at cancellation: registration expired, pending cancellation).

    FAA registry

FAA REGISTRATION

Registration details

Registration
N500MP
Status
Current as of October 2026
Certificate issued
May 21, 2002
Airworthiness date
Mar 30, 2000
Last FAA action
Jan 22, 2023
Registration expires
May 31, 2027
Mode S code (hex)
A63B11
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

N500MP LLC

LLC · Alma, MI, US

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