How much it costs to own and operate a Lear 60XR private jet

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Lear 60XR Operating Costs

Sample annual operating cost summary.
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Lear 60XR Exterior

Annual Budget

The total annual budget for flying a Lear 60XR private jet 200 hours per year is approximately $926,926 or $1,464,731 for flying 400 hours per year. The maximum speed of the Lear 60XR is 526 mph, but with slower climb, cruise and descending speeds it is more likely to average 421 mph which would equate to an average cost per mile of approximately $11.01 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 $8.70.

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

In the market to buy, sell or manage a jet you own? Please contact a Jet Advisors for a free consultation and estimate. Liberty Jet offers Jet Management, Private Jet Cards and Private Jet Charter services.

Cost to Purchase

How much does it cost to buy a Bombardier Lear 60XR? Prices range between $3,950,000 and $4,750,000 with 12 currently advertised for sale.

View Bombardier Lear 60XR 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$294,984$589,968
Maintenance$82,191$164,382
Engine Overhaul$115,630$231,261
Misc Crew/Landing/Handling$40,000$80,000
Miscellaneous Variable$5,000$10,000
Total Direct Operating Costs (DOC)$537,805$1,075,610
Fixed Costs  
Crew$242,732$242,732
Crew Training$36,095$36,095
Hangar$29,325$29,325
Insurance$19,014$19,014
Jet Management$48,000$48,000
Miscellaneous Fixed$13,955$13,955
Total Fixed Costs$389,121$389,121
Total Annual Budget$926,926$1,464,731
Lear 60XR Interior

How much can you save?

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