Light jet

N2SM

1991 Learjet 31A

Registered No accidents on file
Built
1991
Serial
040
Class
Light jet
Engines
2 × Garrett TFE731 series
Status
Current as of October 2026
Registered owner
Magnus Caro LLC (LLC)
Based
Alpine, WY
What's N2SM worth? Track flights
1991 Learjet 31A
Representative photo of a Learjet 31A. Not a photo of N2SM.
Registration record

N2SM on the FAA register

Type
1991 Learjet 31A
Serial
040
Engines
2 × Garrett TFE731 series
Registered owner
Magnus Caro LLC
Alpine, WY
Certificate issued
2023-06-19
Airworthiness date
1995-04-24
Registration expires
2030-06-30
Airworthiness class
Standard · transport
Mode S (hex)
A18EED
Mode S (octal)
50307355
Seats (type)
10
Weight class
12,500–19,999 lb
Range (type)
1,252 nm
Cruise (type)
456 kt
Status
Current as of October 2026
Market asking range
$499,000 to $1,200,000
Middle half of 3 live Learjet 31A listings, 1991–1994 models (median $595,000). Asking prices, not an appraisal of N2SM.
Registry history

Timeline

  • 2030-06-30
    Registration expires (renewal due).
  • 2023-06-19
    Certificate of registration issued as N2SM to the current registrant.
  • 1995-10-27
    N2SM previously assigned to a Homebuilt Scorpion Two A (s/n 7198); cancelled.
  • 1995-04-24
    Airworthiness date on the current FAA record (standard category (transport)).
  • 1991
    Manufactured (1991).
Overview

About N2SM

N2SM is a 1991 Learjet 31A, serial number 040. The FAA register lists Magnus Caro LLC as the registrant in Alpine, Wyoming. The current certificate of registration was issued on June 19, 2023 and expires on June 30, 2030.

The FAA aircraft reference file describes the type as a light jet, two Garrett TFE731 series engines and 10 seats. Published figures for the type give a cruise speed of about 456 knots and a range of about 1,252 nm; actual performance depends on configuration, load and conditions. Its airworthiness certificate is standard category (transport), dated April 24, 1995.

No NTSB accident or incident reports and no FAA preliminary notices are on file for this airframe as N2SM. 1 earlier record involves a different aircraft that carried the same N-number.

Cruise
456 kt
Range
1,252 nm
Power / thrust (each)
3500
Fuel burn
259 gph

Published figures for the Learjet 31A type. They describe the model, not this airframe's equipment or condition. Learjet 31A specs, prices and for-sale inventory →

Safety record

Accident & incident history

2003-05-18 Accident · Houston, TX Damage: Substantial Minor injury NTSB · FTW03LA154
Reported aircraft: Beechcraft BE-300 — a different aircraft that carried the N2SM registration before this airframe.
Probable cause: The severed hydraulic brake hoses induced a loss of braking action, which resulted in the pilot's failure to control the aircraft.

Sources: NTSB aviation accident database and CAROL case system, FAA preliminary accident & incident notices. Search accident records

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Browse: Learjet aircraft for sale· Learjet 31A overview· Aircraft registered in Wyoming· Registry by state· FAA registry stats

Data: FAA Aircraft Registry (October 2026), including deregistered aircraft; NTSB and FAA accident data; fyiAero listing history. Individual owners' names are shown to signed-in users and street addresses are never shown. Type figures are published specifications, not this aircraft's.