Lear 40xr
Market Report

Inventory is rising, up five aircraft from a year ago, with a total of twelve on the market.  This represents about 13.2% of the 91 total 40XRs in operation. Pricing has pulled back slightly over the past year, around 15%.  The market continues to normalize following the post-COVID highs. Sales rate has remained steady. Days on market is up slightly, thirty four days from March 2025, indicating a fairly steady demand rate.  Aircraft that are priced properly are selling. This is supported by the fact that inventory is moving quite well. 12 total sales in the 40XR market representing 13.2% of the fleet.  Vintages of the aircraft that have sold span from 2004 to 2010. At this rate, there's enough inventory to supply the market for just over a year, about 14 months. Overall, the market is balanced. Transaction volume and days on market have remained steady, indicating a balance between buyer and seller expectations. Properly priced aircraft are selling. So right now is a good time for both buyers and sellers to transact. In summary, I'd categorize this market as a neutral market and give it an A demand rating.

interested in Learning more about this market or discussing your aircraft's value?  Let's talk.

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Q1 2026 MARKET SNAPSHOT

Aircraft Market Video


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Q2 2026 MARKET SNAPSHOT

interested in Learning more about this market or discussing your aircraft's value?  Let's talk.

Or Contact Kitchel Gifford Directly at

Aircraft Market Video


Q1 2026

Q2 2026

Q3 2026

q4 2026

COMING SOON...

COMING SOON...

MARKET DATA IS COMING SOON...

Q3 2026 MARKET SNAPSHOT

interested in Learning more about this market or discussing your aircraft's value?  Let's talk.

Or Contact Kitchel Gifford Directly at

Aircraft Market Video


Q1 2026

Q2 2026

Q3 2026

q4 2026

COMING SOON...

COMING SOON...

MARKET DATA IS COMING SOON...

Q4 2026 MARKET SNAPSHOT

interested in Learning more about this market or discussing your aircraft's value?  Let's talk.

Or Contact Kitchel Gifford Directly at

Aircraft Market Video

The Bombardier Learjet 40XR serves as a high-performance evolution of the light jet category, offering significant enhancements in speed, climb rates, and operational flexibility. By utilizing upgraded engines, the aircraft excels in challenging "hot and high" conditions and provides superior access to shorter runways, ensuring passengers can land closer to their final destinations. Inside, the 40XR distinguishes itself with a class-leading wide-body feel and a flat-floor design that provides a spacious environment typically reserved for larger aircraft. This interior is complemented by a generous baggage capacity and a modern, intuitive flight deck that prioritizes safety and pilot efficiency. In the pre-owned market, the Learjet 40XR remains an exceptionally smart investment, delivering a proven track record of reliability and a premium flying experience at a competitive price point, all backed by an extensive global support network.

LEARJET 40XR model overview

$3,508 Per Hour  $8.06 Per NM

variable cost

Seats

runway

2 + 6

4,200 ft

range

speed

Max Cruise Altitude

years produced

Normal Cruise: 435 KTS

51,000 ft

2004 - 2012

max range: 1,900 nm 

payload

Payload Full Fuel: 1,200 lbs

Aircraft metrics