Aircraft Snapshot
- Airframe ClassLight Jet
- Passenger Capacity6
- Max Range900 NM
- Normal Cruise Speed440 KTAS
- Useful Load3,000 lbs
Acquisition & Financing
- Est. Acquisition Cost (Used)$100,000 - $250,000
- Financing Profile / LiquidityVery Low
Operating Costs
- EngineGE CJ610-4 (x2)
- Engine TBO5000 hrs
- Fuel TypeJet-A
- Fuel Efficiency220 GPH
- Direct Operating Cost$2,400 / hr
Financed Cost of Ownership
$11,126/mo
Estimated all-in monthly cost of ownership
- Financing Payment$1,126/mo
- Operating Cost (Est.)$10,000/mo
6.69% rate (Turboprop & Jet), 15% down, 20-year term, 50 hrs/yr assumption.
Avionics
Legacy
Ownership Analysis
The Learjet 23, introduced in 1964, was Bill Lear’s original business jet and the aircraft that launched the Learjet brand, powered by General Electric CJ610-4 turbojets. It is historically significant as the aircraft that defined the business jet concept for small companies and private owners.
Today the Learjet 23 is primarily a collector or historic aircraft. FAA Stage 3 noise rules have sharply restricted operation of non-compliant early Learjets in the contiguous US, and turbojet parts support is limited. Ownership is best suited to collectors with access to specialized maintenance expertise.
Lenders treat the Learjet 23 more like a collectible than transportation collateral, with very limited comparables. Loan terms fall under the Turboprop & Jet tier.
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