How much it costs to own and operate a Lear 31A private jet


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Lear 31A Operating Costs

Sample annual operating cost summary.
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Lear 31A Exterior

Annual Budget

The total annual budget for flying a Lear 31A private jet 200 hours per year is approximately $866,104 or $1,416,696 for flying 400 hours per year. The maximum speed of the Lear 31A is 525 mph, but with slower climb, cruise and descending speeds it is more likely to average 420 mph which would equate to an average cost per mile of approximately $10.31 at 200 hours per year. If you fly 400 hours per year, you can spread the total fixed costs over more flight hours which reduces your cost per mile to $8.43.

These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments.)

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Cost to Purchase

How much does it cost to buy a Bombardier Lear 31A? Prices range between $985,000 and $1,395,000 with 17 currently advertised for sale.

View Bombardier Lear 31A private jets for sale

Sample Operating Budget

Costflying 200 hours/yearflying 400 hours/year
Direct Operating Costs (DOC)  
Fuel Cost @ $7.23/gal Updated to Nat'l Avg Each Week$292,092$584,184
Engine Overhaul$107,822$215,644
Misc Crew/Landing/Handling$40,000$80,000
Miscellaneous Variable$5,000$10,000
Total Direct Operating Costs (DOC)$550,592$1,101,184
Fixed Costs  
Crew Training$22,942$22,942
Jet Management$48,000$48,000
Miscellaneous Fixed$10,037$10,037
Total Fixed Costs$315,512$315,512
Total Annual Budget$866,104$1,416,696
Lear 31A Interior

How much can you save?

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