Learjet 60 Buyer’s Guide

The Learjet 60 is a flagship Midsize Jet, renowned for its exceptional performance and comfortable cabin. Designed for discerning business travelers, the Learjet 60 offers a range of 4000 km and a cruising speed of 850 km/h, accommodating up to eight passengers. This guide is for potential buyers seeking a reliable and high-performing aircraft that offers a good balance between cost and efficiency.

This document will guide you through the main considerations for purchasing a Learjet 60, including the current market and associated budgets, operating costs, purchase or charter options, and finally, best practices for finalizing your acquisition. For more information, please visit our dedicated page: Learjet 60.

Learjet 60 Market and Budget

New and Used Prices

The used Learjet 60 market is dynamic, with prices varying based on the aircraft’s condition and maintenance history. Depreciation is significant, reaching approximately 40% over five years, which can make purchasing a used aircraft attractive for those looking to optimize their investment.

Availability and Lead Times

Currently, several hundred Learjet 60s are in service worldwide. Purchasing a used aircraft can take between 3 to 6 months, depending on negotiation and inspections. For new aircraft, delivery times can reach 18 to 24 months, depending on the manufacturer’s order book.

Residual Value

The residual value of a Learjet 60 is influenced by age, economic cycle, and technological updates. Well-maintained aircraft with modernized avionics generally retain their value better.

Full Initial Budget

Learjet 60 Operating Costs (OpEx)

Annual Fixed Costs

Total: 850,000 USD/year

Variable Costs per Hour

Total Variable Range: 4,200 USD-5,800 USD/hour

Maintenance Deadlines

Maintenance programs such as JSSI, ESP, and MSP offer prepayment solutions to smooth costs and ensure extensive coverage.

Annual Comparison by Usage Intensity

Buy or Charter a Learjet 60: Cost-Usage Arbitration

Initial Costs (Purchase vs. Charter)

Purchasing a Learjet 60 requires significant upfront capital of 9.2M USD, while chartering at 3,000 EUR/h allows you to pay only for actual use, without long-term commitment.

5-Year Scenarios

Break-even Point

The break-even point for purchasing a Learjet 60 is approximately 450 flight hours per year. Beyond this point, operating cost savings make purchasing more advantageous than chartering. Charter a Learjet 60.

Where to Buy a Learjet 60

Sales Platforms

It is essential to conduct rigorous due diligence, including a pre-purchase inspection (PPI), and consider using a broker to navigate the complexities of the purchase.

Specialized Brokers vs. Direct Purchase

Using a specialized broker offers advantages such as in-depth market expertise and privileged access to certain offers. However, this may incur additional fees. Direct purchase can offer savings but requires increased diligence.

Learjet 60 Owner Reviews

“The Learjet 60 offers an impressive 4000 km range, ideal for transcontinental travel. Its cruising speed of 850 km/h saves valuable time, and the reliability of its Honeywell Primus 1000 avionics system is a major asset.” — Fleet Director, Europe

“As a pilot, I particularly appreciate the Learjet 60’s maneuverability. The Pratt & Whitney engines offer remarkable power, and the spacious cabin enhances the customer experience.” — Captain, North America

Learjet 60 owners praise its consistent performance and cabin comfort. Maintenance is facilitated by programs like JSSI, making it a popular choice among midsize jets. Read all Learjet 60 reviews

Finalizing the Learjet 60 Acquisition

Key Acquisition Steps

1. Pre-agreement
2. Pre-purchase inspection (PPI)
3. Legal/tax due diligence
4. Registration (N-number, F-XXXX, etc.)
5. Insurance transfer

Registration can be strategic, with potential tax and operational advantages depending on the chosen registry (USA, Cayman Islands, Malta, France).

Financing

Financing options for a Learjet 60 include aviation bank loans, operating leases, and finance leases. Each option has its own advantages and requirements in terms of down payment and term.