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light jet

N2SM1991 Learjet 31A

Learjet 31A

Registration record

N2SM on the FAA register

Type
1991 Learjet 31A
Serial
040
Engines
2 × Honeywell (Garrett) TFE731-2-3B
Registered owner
Magnus Caro LLC, Alpine, WY, US
Certificate issued
2023-06-19
Airworthiness date
1995-04-24
Registration expires
2030-06-30
Mode S (hex)
A18EED
Status
Current as of October 2026
Rough value range
$360K to $750K

From Radar's listing-based estimates for business jets of similar engine thrust and age, set to the level of the 3 Learjet 31A estimates on Radar.

Overview

N2SM is a 1991 Learjet 31A, serial number 040. The FAA lists Magnus Caro LLC as the registered owner. Its aircraft category is light jet.

FAA registration

The FAA record identifies the make as LEARJET INC and the model as 31A. The certificate of registration was issued on June 19, 2023. The recorded airworthiness date is April 24, 1995. These dates describe different entries in the registry: the registration certificate and the aircraft's airworthiness record.

Type reference

The classification cites FAA A10CE; CASA A35 separately enumerates 31A and 35A. The engine reference in the record is Honeywell (Garrett) TFE731-2-3B, with 2 engines. These model references identify the recorded aircraft type. The aircraft's installed equipment and operating limitations require its own records.

Representative Learjet 31A cabin looking aft, with four club chairs and a two-place rear bench; actual interiors vary

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

Records & AD tracking by Radar

Own, buy or finance N2SM? 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.

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