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2004 LEARJET 40

🕒 Listed 6 weeks ago
Call for price
fyiEstimate $3,142,500–$3,222,000 ⓘ How this estimate is built

Starts from the median asking price of 62 comparable Learjet Jet listings ($3,100,000), then adjusts for:

  • Year -4 vs comparable listings -6.0%
  • Airframe time -213 hr vs comps +0.4%
  • Engine time -277 hr vs comps +1.1%
  • Autopilot (18% of comps) +11.8%
  • ADS-B (52% of comps) +1.3%
  • Market supply: 59 for sale of 437 FAA-registered -5.0%

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

2004
4,971 hrs
N141JM ✈ Flight Tracking
Oct 14, 2026 (5 days ago)
2010
HONEYWELL TFE731-20BR-1B
2
—
Tvpx Aircraft Solutions INC Trustee Corporation
Per the FAA aircraft registry (public record)

Overview

Make / ModelLearjet 40
TypeJet
Airframe time4,971 hrs
Engine time4,650 SNEW
Avionics / Weather radarPrimus 880
Avionics / Terrain / EGPWSEGPWS
Avionics / Traffic (TCAS / TAS)TCAS
Avionics / Flight management (FMS)Universal UNS
ADS-BYes
Autopilot ADS-B

Description

Engines Enrolled on Honeywell MSP Gold - Upgraded Honeywell BR Engines - Long Range Center Tank Upgrade - Honeywell DU-875 4-Tube - Dual Universal UNS-1EW FMS - Gogo AVANCE L3 Wi-Fi - 2020 Paint & Interior – Completed by Bombardier Wichita

Modifications

Wi-Fi: Gogo AVANCE L3

Avionics

• EFIS: Honeywell DU-875 4-Tube • Flight Director: Dual Honeywell IC-600 • Autopilot: Dual Honeywell IC-600 • FMS: Dual Universal UNS-1EW • GPS: Dual Universal UNS-1E • WAAS: Equipped • NAV: Dual RNZ-851 • COMM: Dual Honeywell RCZ-833K • DME: Dual Honeywell RCZ-833K • ADF: Honeywell RCZ-833K • Radio Altimeter: Honeywell RT-300 • Transponders: Dual Honeywell RCZ-833K, Mode S • TCAS: ACSS TCAS 2000, TCAS II w/ Change 7.1 • EGPWS: Honeywell Mark V w/ RAAS • Weather Radar: Honeywell Primus 880 • Stormscope: Honeywell LSZ-860 • Windshear: Equipped • CVR: Honeywell SSCVR • AFIS: UniLink • SATCOM: ICS-200 Iridium / AircellST-3120D

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…

General

Year2004
ManufacturerLEARJET
Model40
Serial Number2010
Registration #N141JM
ConditionUsed

Airframe

Total Time4,971
Total Landings3,527

Engine 1

Engine 1 Make/ModelHONEYWELL TFE731-20BR-1B
Engine 1 Time4,650 SNEW
Engine 1 Cycles3,316

Engine 2

Engine 2 Make/ModelHONEYWELL TFE731-20BR-1B
Engine 2 Time4,650 SNEW
Engine 2 Cycles3,316

Avionics

ADS-B EquippedYes
WAASYes
Avionics/Radios• EFIS: Honeywell DU-875 4-Tube • Flight Director: Dual Honeywell IC-600 • Autopilot: Dual Honeywell IC-600 • FMS: Dual Universal UNS-1EW • GPS: Dual Universal UNS-1E • WAAS: Equipped • NAV: Dual RNZ-851 • COMM: Dual Honeywell RCZ-833K • DME: Dual Honeywell RCZ-833K • ADF: Honeywell RCZ-833K • Radio Altimeter: Honeywell RT-300 • Transponders: Dual Honeywell RCZ-833K, Mode S • TCAS: ACSS TCAS 2000, TCAS II w/ Change 7.1 • EGPWS: Honeywell Mark V w/ RAAS • Weather Radar: Honeywell Primus 880 • Stormscope: Honeywell LSZ-860 • Windshear: Equipped • CVR: Honeywell SSCVR • AFIS: UniLink • SATCOM: ICS-200 Iridium / AircellST-3120D

Additional Equipment

WifiYes
Additional EquipmentWi-Fi: Gogo AVANCE L3

Interior

Year Interior2020
Number of Seats7
LavatoryYes
Lavatory ConfigurationAft

Exterior

Year Painted2020

Engine Program

Engine Maintenance ProgramMSP Gold

Operating costs & specifications — Learjet 40XR

Typical model-level figures for the Learjet 40XR (not this specific airframe).

$831,085annual budget · 243 hrs/yr
$1,770variable cost / hour
$3.91cost per nm
$2,226,228avg pre-owned asking fyiEstimate  $3,142,500–$3,222,000

Performance & dimensions

Range1,723 nm
Cruise speed453 kts · 521 mph
Takeoff / landing4680.0 / 2355.0

About this plane

Twin engine turbofan aircraft. The 40XR seats up to 7 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 N141JM. More flight tracking ›