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fixed-wing multi-engine

N117LR1982 Learjet 55

original Learjet 55

Registration record

N117LR on the FAA register

Type
1982 Learjet 55
Serial
55-075
Engines
2 × TFE731 series
Registered owner
TVPX Aircraft Solutions Inc Trustee, North Salt Lake, UT, US
Certificate issued
2024-05-22
Airworthiness date
1982-12-17
Registration expires
2031-05-31
Mode S (hex)
A0473E
Status
Current as of November 2025
Seats
13
Range
2,244 nm
Cruise
419 kt
Estimated value
$619K to $1.08M

The Embraer Phenom 300/300E value curve, scaled to N117LR's listing-based estimate, with a wider range.

Overview

This airframe, bearing registration N117LR, is a 1982-built Gates Learjet 55 with serial number 55-075. The airframe is recorded as owned by TVPX Aircraft Solutions Inc Trustee, a corporate trustee based in North Salt Lake, UT, US, and is registered in the US civil registry.

Operations & Cabin

The cabin of N117LR is typically fitted in a six-eight place executive club layout with a forward galley and an aft enclosed lavatory, though specific interior fit varies by refit and may be altered during maintenance cycles. Avionics suites reported for this airframe type commonly include Collins FIS/ProLine retrofits, and this example is noted as operating with typical retrofit suites reported for the model. Operationally the Learjet 55 platform is used on short- to mid-range business and charter sectors; with a published range of 2,244 nm and cruise near 419 kts, missions for this airframe would normally include cross-country executive transport and light cargo/passenger transfers from its owner-operator base in North Salt Lake, UT. Maintenance considerations for this specific aircraft reflect standard older Learjet economics: potential interior refit variance and avionics upgrades affect operational availability and residual value.

Model & Market Context

The Gates Learjet 55 occupies a niche as a light-to-midsize business jet emphasizing speed and altitude capability, exemplified by its 51,000 ft ceiling and TFE731-powered performance. Competing models in its era and secondary market include other late-model light bizjets offering similar range and cabin capacity; buyers often weigh refurbishment costs, cabin reconfiguration, avionics retrofits such as Collins FIS/ProLine, and engine maintenance.

Learjet 55 Ventura seven-passenger example cabin illustration. Actual layout and equipment vary; not a photograph of this aircraft.

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

Records & AD tracking by Radar

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