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light jet

N38MG1989 Learjet 31 (certified family)

original Learjet 31

Registration record

N38MG on the FAA register

Type
1989 Learjet 31 (certified family)
Serial
009
Engines
2 × Honeywell TFE-731-SER
Registered owner
Bay Venture Management LLC, Atlanta, GA, US
Certificate issued
2022-12-05
Airworthiness date
2004-08-12
Registration expires
2029-12-31
Mode S (hex)
A45A0B
Status
Current as of October 2026
Rough value range
$800K to $1.80M

From Radar's listing-based estimates for business jets of similar engine thrust and age.

Overview

N38MG is a 1989 Learjet 31 (certified family), serial number 009. The FAA lists Bay Venture Management 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 31. The certificate of registration was issued on December 5, 2022. The recorded airworthiness date is August 12, 2004. These dates describe different entries in the registry: the registration certificate and the aircraft's airworthiness record.

Type reference

The classification cites FAA A10CE. The engine reference in the record is Honeywell TFE-731-SER, with 2 engines. These model references identify the recorded aircraft type. The aircraft's installed equipment and operating limitations require its own records.

Representative original Learjet 31 cabin illustration. Actual interiors vary.

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

Records & AD tracking by Radar

Own, buy or finance N38MG? 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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