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1994 LEARJET 31A

🕒 Listed 2 months ago
$1,200,000
fyiEstimate $475,000–$487,000 ⓘ How this estimate is built

Starts from the median asking price of 6 comparable Learjet 31A listings ($547,000), then adjusts for:

  • Year +2 vs comparable listings +3.0%
  • Airframe time +2,365 hr vs comps -4.7%
  • Engine time +3,654 hr vs comps -14.6%
  • Autopilot (33% of comps) +9.6%
  • ADS-B (67% of comps) +0.9%
  • Market supply: 20 for sale of 104 FAA-registered -5.0%

Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.

1994
7,287 hrs
N37BM ✈ Flight Tracking
—
31A-096
HONEYWELL TFE731-2-3B
2
KMEV
★ 4.1 (11 Google reviews)
Las Express Aviation LLC
Per the FAA aircraft registry (public record)

Overview

Make / ModelLearjet 31A
TypeJet
Airframe time7,287 hrs
Engine time7,014.9
Avionics / Terrain / EGPWSTAWS, KGP-860, EGPWS
Avionics / Traffic (TCAS / TAS)TCAS, KTA-970
Avionics / Flight management (FMS)Universal UNS
Avionics / Radar altimeterKRA-405
ADS-BYes
AnnualFebruary 2027
InspectionPhase
AirworthyYes
Autopilot RVSM ADS-B

Description

Hutt Aviation is pleased to present this beautiful 1994 Learjet 31A. This Aircraft is turnkey and ready to fly. Currently active on our charter certificate and maintained FAR 135 standards. Features an impeccable (8) eight passenger configuration (completed new as of December 2014) with entertainment system, Wi-Fi, Forward refreshment bar, and individual USB seat chargers. Exterior Paint new as of January 2015. Always stored in a hangar and meticulously cared for. Contact Alan Gangwish at Hutt Aviation for more information on this executive aircraft.

Modifications

• Traxxall Maintenance Program • Dee Howard TR-4000 Thrust Reversers • N1 Digital Electronic Engine Computers (DEEC) • 36-Inch Main Entrance Door • Single Point Refueling • Solid State Data Transfer Unit (DTU) • Dual BF Goodrich PS-835D Emergency Power Supply Units • Dual Bendix/King KST-488 Speed / Temperature Displays • Dual Bendix/King KDX-481T Air data Computers • Triple Bendix/King SG-465 Symbol Generators • RVSM Capable • WIFI Airtext

Avionics

• ADF: Allied Signal DF-431B • AHRS: Dual Bendix/King KAU-461 • Autopilot: Bendix/King KFC-3100 IFCS • Avionics Package: Bendix/King • Communication Radios: Bendix/King VC-401B • CVR: Universal CVR-30A SSCVR • DME: Dual Bendix/King DM-441B • EFIS: Bendix/King EFS-50 • Flight Director: Bendix/King KFC-3100 IFCS • FMS: Universal UNS-1EW With WAAS/LPV and GPS • Navigation Radios: Dual Bendix/King NV-411B • Radar Altimeter: Bendix/King KRA-405 • TAWS: Bendix/King KGP-860 EGPWS • TCAS: Bendix/King KTA-970 TCAS-I • Transponder: Dual Bendix/King TR-421B • ADSB Out • Weather Radar: Bendix/King RDS-84VP • Dual Bendix/King KCP-420 Digital Flight Guidance Computers • Dual Bendix/King KDC-481T Air Data Computers • Triple Bendix/King SG-465 Symbol Generators

Recommended avionics upgrades

Garmin GTN 650Xi

No IFR GPS navigator is listed — a GTN 650Xi is the standard entry point for WAAS/LPV capability.

See prices & suppliers ›

Suggestions are based on the panel described in this listing; verify STC approval for this make/model before any installation.

Service Difficulty Reports (SDRs)

Checking FAA service difficulty reports…

Airworthiness Directives (ADs)

Checking airworthiness directives…

How this aircraft compares

Where this Learjet 31A lands versus other Learjet 31A listings on fyiAero.

Price

83rd pct
$499k$1.3MThis aircraft · $1.2M

$1.2M · 83rd percentile of 6 listings

Airframe time

82nd pct
3,30310,457This aircraft · 7,287

7,287 hours total (TTAF) · 82nd percentile of 17 listings

Engine time (Engine 1)

88th pct
3108,888This aircraft · 7,014

7,014 engine hours · 88th percentile of 16 listings

Engine time (Engine 2)

88th pct
3148,628This aircraft · 7,127

7,127 engine hours · 88th percentile of 17 listings

Percentile = share of comparable listings at or below this value. Lower airframe/engine hours are generally fresher; price reflects the asking price only.

General

Year1994
ManufacturerLEARJET
Model31A
Serial Number31A-096
Registration #N37BM
ConditionUsed
FlightRulesIFR
Based atKMEV

Airframe

Total Time7,287.2
Total Landings5,987

Engine 1

Engine 1 Make/ModelHONEYWELL TFE731-2-3B
Engine 1 Time7,014.9
Engine 1 Cycles5,972

Engine 2

Engine 2 Make/ModelHONEYWELL TFE731-2-3B
Engine 2 Time7,127.7
Engine 2 Cycles6,074

Avionics

ADS-B EquippedYes
Avionics/Radios• ADF: Allied Signal DF-431B • AHRS: Dual Bendix/King KAU-461 • Autopilot: Bendix/King KFC-3100 IFCS • Avionics Package: Bendix/King • Communication Radios: Bendix/King VC-401B • CVR: Universal CVR-30A SSCVR • DME: Dual Bendix/King DM-441B • EFIS: Bendix/King EFS-50 • Flight Director: Bendix/King KFC-3100 IFCS • FMS: Universal UNS-1EW With WAAS/LPV and GPS • Navigation Radios: Dual Bendix/King NV-411B • Radar Altimeter: Bendix/King KRA-405 • TAWS: Bendix/King KGP-860 EGPWS • TCAS: Bendix/King KTA-970 TCAS-I • Transponder: Dual Bendix/King TR-421B • ADSB Out • Weather Radar: Bendix/King RDS-84VP • Dual Bendix/King KCP-420 Digital Flight Guidance Computers • Dual Bendix/King KDC-481T Air Data Computers • Triple Bendix/King SG-465 Symbol Generators

Additional Equipment

Additional Equipment• Traxxall Maintenance Program • Dee Howard TR-4000 Thrust Reversers • N1 Digital Electronic Engine Computers (DEEC) • 36-Inch Main Entrance Door • Single Point Refueling • Solid State Data Transfer Unit (DTU) • Dual BF Goodrich PS-835D Emergency Power Supply Units • Dual Bendix/King KST-488 Speed / Temperature Displays • Dual Bendix/King KDX-481T Air data Computers • Triple Bendix/King SG-465 Symbol Generators • RVSM Capable • WIFI Airtext

Exterior

Year Painted2015

Inspection Status

Inspection Status• Phase A Inspection (12 Month) Due February 2027 • Phase B Inspection (24 Month) Due February 2028 • Phase C Inspection (48 Month) Due April 2027 • Phase D Inspection (96 Month) Due April 2031 • Twelve (12) Year Airframe Inspection Due June 2030 • Major Landing Gear Inspection C/W February 2024
AirworthyYes

Engine Program

Engine Maintenance ProgramNone

Operating costs & specifications — Learjet 31A

Typical model-level figures for the Learjet 31A (not this specific airframe).

$689,747annual budget · 241 hrs/yr
$1,598variable cost / hour
$3.5cost per nm
$539,419avg pre-owned asking fyiEstimate  $475,000–$487,000

Performance & dimensions

Range1,252 nm
Cruise speed456 kts · 525 mph
Takeoff / landing3490.0 / 2507.0

About this plane

Twin engine turbofan aircraft. The 31A seats up to 8 passengers plus 2 pilot(s).

Previous listing for N37BM

Previous listing photo of N37BM

1994 LEARJET 31A

Then asking
$1.2M
Airframe
7,287 hrs
View previous listing ↗ · last seen Sep 2026

Range from base

Still-air range ring — type an aircraft to change it. Compare aircraft on the Range tool ›

Last flight

Actual flight path from FlightAware for N37BM. More flight tracking ›