Learjet 45

Jet · 444 active US registrations

Learjet 45
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Learjet 45

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Purchase Price

$2.0M-$8.0M

Fuel Burn

180 gph

Cost/Hour

$1320.00/hr

US Fleet

444

Ownership Cost Summary

Purchase

$2.0M-$8.0M

Annual Fixed

$80K-$128K

/yr

Hourly Variable

$1320.00/hr

/flight hour

5-Year Total

$3.1M-$10.0M

Purchase Price$2,000,000 – $8,000,000
Annual Fixed Costs$79,650 – $127,750 /yr
Hourly Variable Cost$1320.00/hr
Annual Cost (100 hrs/yr)$211,650 – $211,650 /yr
Annual Cost (200 hrs/yr)$343,650 – $343,650 /yr
5-Year Total Cost$3,058,250 – $9,958,750

Cost estimates based on published data and industry averages. Actual costs vary by condition, location, usage, and maintenance history.0

Use our ownership calculator to customize these estimates for your flying hours and location.

5-Year Total Cost of Ownership

What it really costs to own a Learjet 45 over 5 years

Hours/Year:
Purchase Price:$5.0M
$2.0M$8.0M
Year 1$735,700
Year 2$685,700
Year 3$640,700
Year 4$600,200
Year 5$563,750
DepreciationFixed CostsVariable Costs
 Year 1Year 2Year 3Year 4Year 55-Yr Total
Est. Value$4.5M$4.0M$3.6M$3.3M$3.0M
Depreciation$500,000$450,000$405,000$364,500$328,050$2.0M
Fixed Costs$103,700$103,700$103,700$103,700$103,700$518,500
Variable (100 hrs)$132,000$132,000$132,000$132,000$132,000$660,000
Year Total$735,700$685,700$640,700$600,200$563,750$3.2M
Cumulative$735,700$1.4M$2.1M$2.7M$3.2M

5-Year TCO

$3.2M

Avg Cost/Year

$645,210

Cost/Flight Hour

$6,452

Resale Value (Yr 5)

$3.0M

Depreciation accounts for 63% of total ownership cost — the biggest expense over 5 years. Older, well-maintained aircraft with stable values can significantly reduce this.

Based on 100 flight hours/year, 10%/yr depreciation rate (jet), and average purchase price of $5.0M. Actual costs vary by condition, location, and usage.

Get an Insurance Quote

Compare hull + liability premiums for the Learjet 45 across experience levels.

Estimated annual premium$24,000-$97,500/yr
Get Your Real Rate

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Specifications & Engine

Performance

Horsepower3650 hp

Engine & Weights

EngineHONEYWELL TFE731-20BR
Engine Typeturbofan
Engines2
TBO4,000 hrs
Overhaul Cost$800,000-$1,120,000
Overhaul Reserve$240.00/hr
Fuel Burn180.0 gph
Propconstant speed

Source: FAA Type Certificate Data Sheet, ENGINE.txt registry. TBO and overhaul costs from industry standard data.

Market Prices by Year

Typical asking prices. Actual prices vary by condition, total time, avionics, and engine time.

1970-1979
$750K
1980-1989
$1.1M
1990-1999
$1.5M
2000-2009
$2.3M
2010-2019
$3.8M
2020-present
$7.5M

Hangar Cost at Your Airport

Similar Jet Aircraft

Compare the 45 to other jet aircraft.

Compare these aircraft side-by-side →

Insurance Estimates

Annual hull + liability premiums by pilot experience.

new ppl$67,500 – $97,500/yr
experienced$47,250 – $57,750/yr
atp$24,000 – $33,000/yr

Hangared aircraft save 15-30% on premiums

Covered tiedown vs. open tiedown also affects rates.

Get Your Real RateCompare insurance across similar aircraft

Rates are estimates only and vary by hull value, pilot experience, training, location, and carrier. Contact an aviation insurance broker for accurate quotes.

See insurance quote comparison tool or state insurance requirements.

Safety Record

NTSB data, 1982-2025. Includes all Learjet Series variants.

191

Total Reports

170

Accidents

55

Fatal

100.3

Per 1K Fleet

Raw NTSB report counts. Not a safety rating. Factors including fleet size, flight hours, pilot demographics, and mission profile affect rates.

Fuel Cost

180.0 gph at ~$6.50/gal 100LL

$1170

/hr

$117,000

100 hrs

$234,000

200 hrs

Prices vary by region. View by state.

Fleet & Registration

444

Active US Registrations

Source: FAA Aircraft Registry (active, valid registrations).

More from Learjet

View all Learjet models

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4,000+ FAA-certified repair stations across all 50 states.

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Tools for the Learjet 45

Frequently Asked Questions

How much does a Learjet 45 cost?

A Learjet 45 typically sells for $2,000,000 to $8,000,000 depending on year, condition, total time, and avionics.

How much does it cost per hour to fly a Learjet 45?

The variable cost is approximately $1320.00/hr, including fuel, oil, and engine reserve.

What is the fuel burn of a Learjet 45?

Approximately 180.0 gallons per hour at normal cruise.

What are the annual costs of owning a Learjet 45?

Annual fixed costs run $79,650 to $127,750/yr before fuel and engine reserves.

How much does an engine overhaul cost on a Learjet 45?

$800,000 to $1,120,000, TBO of 4,000 hours.

How many Learjet 45 aircraft are still flying?

There are 444 Learjet 45 aircraft with active US registrations according to the FAA Aircraft Registry.

What is a Learjet 45 best suited for?

The Learjet 45 is best suited for business travel, charter, and high-speed long-range operations. Its combination of performance, operating costs, and payload make it a popular choice in its category.

What maintenance costs should I expect for a Learjet 45?

Plan for an annual inspection costing $5,000 – $12,000 depending on the shop and any squawks found. Unscheduled maintenance and parts replacements add to this. You should also budget $240/hr in engine reserves toward the eventual overhaul.

Is the Learjet 45 a good first airplane?

The Learjet 45 is not recommended as a first aircraft. Jets require extensive training, type ratings, and most insurance carriers require significant total flight time before covering jet operations.

Important Disclaimer

All cost estimates, specifications, and data on HangarMath are provided for informational and educational purposes only. This information does not constitute financial, legal, or aviation safety advice. Aircraft ownership involves significant financial risk, and actual costs can vary dramatically from estimates shown here. Always conduct your own due diligence, hire a qualified A&P/IA mechanic for prebuy inspections, consult with an aviation attorney for purchase agreements, and work with a certified financial advisor before making aircraft purchase decisions. HangarMath makes no warranties about the accuracy, completeness, or reliability of any data presented. We are not responsible for any financial losses, property damage, personal injury, or death that may result from decisions made based on information found on this site.

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