fixed-wing multi-engine
N117LR1982 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.

Data: Radar, FAA aircraft registry file of 2026-10-09.
Records & AD tracking by Radar
Own, buy or finance N117LR? 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.
Charter Sales
Tell us the trip. We'll tell you the number.
Route, dates, rough timing, how many people. That is enough to start, and you get a firm price for that specific trip rather than a range.
Text us and you'll get a reply within 60 seconds, any hour.

