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midsize jet

N762MG1982 Learjet 55

original Learjet 55

Registration record

N762MG on the FAA register

Type
1982 Learjet 55
Serial
035
Engines
2 × Honeywell (Garrett) TFE731 (TFE731-3A)
Registered owner
1MG LLC, Fort Wayne, IN, US
Certificate issued
2024-11-01
Airworthiness date
2012-02-29
Registration expires
2031-11-30
Mode S (hex)
AA4A10
Status
Current as of October 2026
Rough value range
$730K to $1.70M

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

Overview

N762MG is a 1982 Learjet 55, serial number 035. The FAA lists 1MG LLC as the registered owner. Its aircraft category is midsize jet.

FAA registration

The FAA record identifies the make as GATES LEARJET CORP and the model as 55. The certificate of registration was issued on November 1, 2024. The recorded airworthiness date is February 29, 2012. These dates describe different entries in the registry: the registration certificate and the aircraft's airworthiness record.

Type reference

The classification cites FAA A10CE; FAA DRS and AD2022-05-01 distinguish 55,55B,55C. The engine reference in the record is Honeywell (Garrett) TFE731 (TFE731-3A), with 2 engines. The FAA record does not indicate fractional ownership. These model references identify the recorded aircraft type. The aircraft's installed equipment and operating limitations require its own records.

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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