fixed-wing multi-engine
N16LJ1986 Learjet 55

Registration record
N16LJ on the FAA register
- Type
- 1986 Learjet 55
- Serial
- 126
- Engines
- 2 × Honeywell TFE-731 (series)
- Registered owner
- Lear Holding Corp, Wilmington, DE, US
- Certificate issued
- 2024-11-22
- Airworthiness date
- 2003-11-05
- Registration expires
- 2031-11-30
- Mode S (hex)
- A0F058
- Status
- Current as of November 2025
- Seats
- 13
- Range
- 2,244 nm
- Cruise
- 419 kt
- Rough value range
- $800K to $1.80M
From Radar's listing-based estimates for business jets of similar engine thrust and age.
Overview
This entry documents airframe N16LJ, a Gates Learjet 55 built in 1986 with manufacturer serial number 126. The airframe is registered in the United States and is held in corporate ownership by Lear Holding Corp, a corporation based in Wilmington, DE, US. The airframe's recorded manufacturer is Gates Learjet Corp and its configuration and equipment reflect the Learjet 55 lineage as delivered in the mid-1980s. Public records for this specific registration indicate corporate custody rather than individual or commercial charter operation.
Operations & Cabin
The documented cabin layout for this airframe follows typical Learjet 55 arrangements, with two flight crew and executive seating; the configuration data notes a standard fit of two crew plus seven executive seats while optional higher-density layouts up to ten to thirteen seats have been reported. As a corporate-owned airframe, missions are consistent with business and executive transport over the Learjet 55’s stated range of 2,244 nm and cruise of 419 kts, operating from the United States registry. Maintenance considerations for this specific airframe are driven by its twin Honeywell TFE-731 turbofan installations and by legacy airframe age, reflecting a 1986 build year.
Model & Market Context
This particular Gates Learjet 55 airframe exemplifies the family’s blend of high-altitude capability and moderate transcontinental range, combining a certified ceiling of 51,000 ft with cruise speeds near 419 kts. The twin Honeywell TFE-731 engines, each producing approximately 4,000 lbf, define the Learjet 55’s performance and are a primary focal point for recurrent maintenance and part-support planning. Cabin flexibility, documented as typical two-crew plus seven-executive seating with optional layouts through thirteen seats, supports varied corporate mission profiles and affects valuation and resale considerations for this airframe. Ownership by Lear Holding Corp places the aircraft within corporate asset management rather than individual ownership records.

Data: Radar, FAA aircraft registry file of 2026-10-09.
Records & AD tracking by Radar
Own, buy or finance N16LJ? 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.

