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Light jet

Learjet 40

A rough value guide across the registered fleet: $2.5M to $5.5M by build year, 2002 to 2012, the middle of each year's range. Configuration, condition and logbooks determine an individual aircraft's value.

Learjet 40 exterior illustration: Learjet 40 reference airframe.
Top speed
Mach 0.81
Ceiling
51,000 ft
Cabin
4 ft 11 in high, 5 ft 1 in wide

74 on the US register, built 2002 to 2012. Figures as of October 2026. Class: Light jets.

Price and value

Learjet 40 price: $2.5M to $5.5M by build year

What moves the price of any one Learjet 40: total time and engine time, engine program enrollment, damage history, avionics and equipment, and complete logbooks.

Interior

Inside the Learjet 40

Illustration of a representative Learjet 40 cabin interior. Every aircraft's completion differs.

Learjet 40 cabin dimensions and layouts

Learjet 40 cabin interior illustration: illustration of a Learjet 40 type cabin, 59 inches high and 61 inches wide, with six passenger chairs, a forward facing four-seat club and two aft chairs.Learjet 40 seat map illustration. Illustrative 6-passenger layout: forward four-seat club, two aft forward-facing chairs, forward galley and aft lavatory.

Specs

As published

Manufacturer and type-certificate figures; nothing estimated. A figure the sources do not give is left out.
Category
Light jet
Maximum operating Mach
Mach 0.81
Ceiling
51,000 ft
Engines
2 × Honeywell TFE731-20 series
Thrust
3,500 lbf each
Standard avionics
Honeywell Primus 1000
Cabin height
4 ft 11 in
Cabin width
5 ft 1 in

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Tail numbers

74 Learjet 40s on the US register

Newest first. Owners are named only when the registrant is a company or trust.
RegistrationBuiltSerialModelRegistered owner
N140HM20082103Learjet 40Harbert Aviation 40 LLC
N137BR200745-2068Learjet 40Cimarron Aviation LLC
N133VS20062060Learjet 40VRS Holdings LLC
N141JM20042010Learjet 40TVPX Aircraft Solutions Inc Trustee
N115LJ2115Learjet 40Umb Bank NA Trustee
N341AE20122132Learjet 40Conquest Express LLC
N256AH20112123Learjet 40Apple Six Hospitality Air LLC
N345GC20112121Learjet 40TVPX Aircraft Solutions Inc Trustee
N998NJ20112130Learjet 40Northern Jet Management Inc
N209MD20102127Learjet 40Ra Aviation Holdings LLC
N802AK20102128Learjet 40Ra Aviation Holdings LLC
N44LG20092125Learjet 40Harborjet LLC
N46MW20092126Learjet 40Creamer Pilot Services LLC
N57MC20092118Learjet 40Massman Construction Co
N382BA20092119Learjet 40N435SC LLC
N403LS20092124Learjet 40Ra Aviation Holdings LLC
N990WA20092122Learjet 40Ra Aviation Holdings LLC
N40PD20082111Learjet 40Lear Flight LLC
N97EJ20082095Learjet 40Air Echo LLC
N480ES20082097Learjet 40Eagle Rock Air Inc
N654DP20082092Learjet 40Six Five Aviation LLC
N672SC20082099Learjet 40Glacier Flying Service LLC
N700MB20082106Learjet 40Bennett Aviation LLC
N770TD20082101Learjet 40Tango Delta LLC
N945EJ20082108Learjet 40TVPX Aircraft Solutions Inc Trustee
N29RE20072069Learjet 40Home State Insurance Group Inc
N41UA200745-2074Learjet 40Razorback Foundation Inc
N82JK20072072Learjet 40Plane Crazy LLC
N90XR20072090Learjet 40International Aviation Technical Services Inc
N301RJ20072071Learjet 40301RJ LLC
N618PJ20072076Learjet 40Forty ER LLC
N711BH20072070Learjet 40711 Holdings LLC
N799WW20072085Learjet 40Varsity Equipment LLC
N930CC20072078Learjet 404 Eagles LLC
N975DM20072073Learjet 40San LLC
N193220072082Learjet 40A H Beck Foundation Co Inc
N21NB20062045Learjet 40Northbound Air LLC
N40GP200645-2061Learjet 40Bank of Utah Trustee
N219RB20062058Learjet 40Pauli-Mar Investment Co
N239SR20062049Learjet 40Apple Realty Group Inc

Every Learjet 40 registration (74)

Airworthiness directives

33 FAA ADs name the Learjet 40

28 in force, 4 recurring.
  • AD 2023-01-05 This AD was prompted by a determination that new or more restrictive airworthiness limitations are necessary.
  • AD 2021-23-11 This AD was prompted by a report of a fuel leak due to a cracked fuel line between the engine fuel control and the engine fuel flow meter.
  • AD 2021-23-08 This AD was prompted by reports of corrosion found on the upper surface of the lower center wing mid spar splice plate.
  • AD 2015-12-06 This AD was prompted by reports of non-conforming windshield supports (coupe rails).

All Learjet 40 airworthiness directives

FAQ

Learjet 40 questions

How much does a Learjet 40 cost?

Radar's rough range is about $3.7M to $8.2M for a 2012 and $1.7M to $3.8M for a 2002. From Radar's listing-based estimates for business jets of similar engine thrust and age. These are rough ranges, not appraisals: hours, engines, damage history, equipment and the logbooks move the price of any one aircraft.

What affects the price of a Learjet 40?

What moves the price of any one Learjet 40: total time and engine time, engine program enrollment, damage history, avionics and equipment, and complete logbooks. Build year sets the baseline shown on this page; a Learjet 40 with high hours, an engine near overhaul or gaps in its records sells below it, and one with low time, recent inspections and full records above it.

Where can I find a Learjet 40 for sale?

Radar does not list aircraft for sale. It tracks all 74 US-registered Learjet 40s by tail number, each with its registration record and a value estimate, so you can check a listing against the value of its build year and look up the aircraft's own history before you call.

How many Learjet 40s are there?

74 Learjet 40s are on the US civil aircraft register (FAA file of October 2026), built 2002 to 2012. Aircraft registered in other countries are not counted. Radar has a page for each US registration.

What are the Learjet 40's specs?

As published: a maximum operating Mach of 0.81, a ceiling of 51,000 ft, a cabin 4 ft 11 in high, 5 ft 1 in wide and 2 × Honeywell TFE731-20 series engines. A given aircraft varies with its completion, weight and modifications.

How fast is the Learjet 40?

Its maximum operating Mach number (the speed limit it is certified to) is 0.81. Cruise speeds depend on altitude and weight.

How high can a Learjet 40 fly?

The Learjet 40 is certified to 51,000 feet. Heavy aircraft climb there in steps as they burn fuel.

How big is the Learjet 40 cabin?

4 ft 11 in high and 5 ft 1 in wide, as published.

Who owns Learjet 40s?

Of the 74 US-registered Learjet 40s, 71 (96%) are registered to companies, trusts and other entities and 3 to individuals. Radar names entity owners only; individuals are shown as privately registered. The most common states of registration are TX (11), UT (10), DE (8).

Data: Radar, FAA aircraft registry file of 2026-10-09.

Records & AD tracking by Radar

Own, buy or finance a Learjet 40? Radar reads every logbook, tracks every airworthiness directive and shows what the records do to value.

The fleet, registry and value data on these pages come from Radar, CRAFT's sister company.