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1994 LEARJET 31A

🕒 Listed 4 months ago
Call for price
fyiEstimate $449,500–$461,000 ⓘ 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 +1,744 hr vs comps -3.5%
  • Engine time +3,162 hr vs comps -12.7%
  • 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
6,666 hrs
N480ME ✈ Flight Tracking
Sep 19, 2026 (30 days ago)
31A-085
HONEYWELL TFE731-2-3B
2
—
★ 5.0 (33 Google reviews)
Me LLC
Per the FAA aircraft registry (public record)

Overview

Make / ModelLearjet 31A
TypeJet
Airframe time6,666 hrs
Engine time6,671
Avionics / TransponderGARMIN GTX 335R
Avionics / Primary flight displayNighthawk ST3400
Avionics / Terrain / EGPWSTAWS
Avionics / Traffic (TCAS / TAS)KTA-910, TCAS I
Avionics / Flight management (FMS)Universal UNS
Avionics / Radar altimeterKRA-405
ADS-BYes
ADS-B

Description

Unique Lear 31A opportunity with a recent interior refurbishment, MSP Gold Engine Program, and WAAS FMS!

Modifications

Dee Howard TR-4000 Thrust Reversers Freon Air Conditioning Cargo Door Honeywell N1 DEEC Upgrade Dual Hot Liquid Containers Belted Toilet Seat ADS-B Out IDC Standby Altimeter Dual Davtron M877 Digital Clocks Gill Lead Acid Batteries

Avionics

Bendix/King KFC-3100 IFCS Dual Bendix/King VC-401B Comms Dual Bendix/King VN-411B Navs Bendix/King DM-441B DME Bendix/King DF-431B ADF Bendix/King GPS-1000 GPS Receiver Bendix/King KRA-405 Radar Altimeter Bendix/King RDS-84VP Weather Radar Universal UNS-1EW WAAS Flight Management System Sandel ST3400 TAWS Bendix/King KTA-910 TCAS I Dual Garmin GTX-345R/GTX-335R ADS-B Transponders Dual Bendix/King KAU-461 AHRS Computers Dual Bendix/King KDC-481T Air Data Computers Universal Solid State Data Transfer Unit Emerging Lifesaving Technologies ELT406GPS Universal CVR-30A Cockpit Voice Recorder

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 ›
Digital autopilot (Garmin GFC 600 / S-TEC 3100)

No autopilot is listed — a GFC 600 or S-TEC 3100 digital autopilot is a major capability and value add, subject to STC approval for this model.

Shop options ›

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

$499k$1.3M

median $547k of 6 comparable asking prices

Airframe time

65th pct
3,30310,457This aircraft · 6,666

6,666 hours total (TTAF) · 65th percentile of 17 listings

Engine time (Engine 1)

75th pct
3108,888This aircraft · 6,671

6,671 engine hours · 75th percentile of 16 listings

Engine time (Engine 2)

76th pct
3148,628This aircraft · 6,486

6,486 engine hours · 76th 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-085
Registration #N480ME
ConditionUsed

Airframe

Total Time6,666
Maintenance TrackingCAMP

Engine 1

Engine 1 Make/ModelHONEYWELL TFE731-2-3B
Engine 1 Time6,671
Engine 1 Cycles5,389

Engine 2

Engine 2 Make/ModelHONEYWELL TFE731-2-3B
Engine 2 Time6,486
Engine 2 Cycles5,416

Avionics

ADS-B EquippedYes
Avionics/RadiosBendix/King KFC-3100 IFCS Dual Bendix/King VC-401B Comms Dual Bendix/King VN-411B Navs Bendix/King DM-441B DME Bendix/King DF-431B ADF Bendix/King GPS-1000 GPS Receiver Bendix/King KRA-405 Radar Altimeter Bendix/King RDS-84VP Weather Radar Universal UNS-1EW WAAS Flight Management System Sandel ST3400 TAWS Bendix/King KTA-910 TCAS I Dual Garmin GTX-345R/GTX-335R ADS-B Transponders Dual Bendix/King KAU-461 AHRS Computers Dual Bendix/King KDC-481T Air Data Computers Universal Solid State Data Transfer Unit Emerging Lifesaving Technologies ELT406GPS Universal CVR-30A Cockpit Voice Recorder

Additional Equipment

Additional EquipmentDee Howard TR-4000 Thrust Reversers Freon Air Conditioning Cargo Door Honeywell N1 DEEC Upgrade Dual Hot Liquid Containers Belted Toilet Seat ADS-B Out IDC Standby Altimeter Dual Davtron M877 Digital Clocks Gill Lead Acid Batteries

Interior

Year Interior2019
Number of Seats8

Exterior

Year Painted2007

Engine Program

Engine Maintenance ProgramMSP Gold

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  $449,500–$461,000

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).

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 N480ME. More flight tracking ›