The Learjet 75 is an upgrade from the Learjet 45 and 45XR – a highly successful model range with 248 delivered in total. The upgrades include canted winglets (also seen on the Bombardier 7000) to reduce drag alongside a reduction in weight – equating to an extra 4% in range over its predecessor.
As such, the aircraft can fly 2,040nm (3,778km) – meaning passengers can fly from Los Angeles to Washington D.C, London to St. Petersburg or Hong Kong to New Delhi, all without needing to refuel – a respectable distance for a light jet.
When not needing to utilise its full range, the Learjet 75 is capable of cruising at Mach 0.81 (534mph/860kph) – making it the one of the quickest light jets available (the fastest being the Syber Jet SJ30).
A maximum operating altitude of 51,000ft allows the Learjet 75 to fly over both commercial traffic and bad weather, allowing a more direct and efficient route to be flown.
Headquartered in Montreal, Canada, and with operations in Mexico, Morocco, United Kingdom, United States and Canada, Bombardier boasts a strong heritage and visionary innovation dating back to the start of civil aviation -- spanning some 110 years -- and is recognized globally as a leader in the design, manufacturing and support of both business jets and commercial airliners. The acquisition of Canadair in 1986 was the first of several strategic moves that would see Bombardier consolidate leading aircraft design and manufacturing experience from around the world. In the following six years, Bombardier grew in strength and stature by acquiring in 1989 the world’s first aircraft production company -- Northern Irelandbased Short Brothers -- followed by Learjet of Wichita, USA, in 1990, and de Havilland Canada in 1992.
Bombardier Business Aircraft currently offers the broadest portfolio of business jets with its popular Learjet*, Challenger* and Global* aircraft families. In their respective segments, the Learjet 70* and Learjet 75* aircraft feature superior cruise speeds, high climb rates and operating ceilings, and competitive operating costs. In the medium category, the class-defining Challenger 350* and the Challenger 650* offer industry-leading cabin design and amenities as well as performance and reliability attributes synonymous with the Challenger family.
The Global* long-range aircraft family -- featuring Bombardier’s unmatched smooth ride technology – is recognized globally for its range, speed and cabin comfort. On Dec 20, 2018 -- following type certification by Transport Canada and the U.S. Federal Aviation Administration, Bombardier celebrated the entry-intoservice of its pioneering Global 7500. The only purpose-built, four-compartment cabin specifically designed to deliver uncompromising levels of range, speed and cabin comfort, the Global 7500 establishes a new standard in business aviation – which it has amply demonstrated in 2019 by setting several stunning world records and generating tremendous interest throughout its global introductory.
Bombardier supports operators globally through a network of field service personnel and a combination of wholly owned and authorized MRO facilities. This global network also includes 24/7 customer response centers, mobile parts delivery services and spare parts depots. On Feb 26, 2019, Bombardier announced another wave of MRO growth with a massive expansion of its Singapore Service Center, that will more than quadruple its current footprint from 100,000 sq. ft. to approximately 430,000 sq. ft. by 2020. Additionally, a new 300,000-sq-ft service center at Miami-Opa Locka Executive Airport will be operational in 2020, following on newly operational Bombardier service centers in Biggin Hill, U.K., and in Tianjin, China.
*Trademarks of Bombardier Inc. or its subsidiaries.
Stonebriar Commercial Finance
SCF Aviation Capital, part of Stonebriar Commercial Finance (SCF), is an aircraft leasing and financing platform that provides customized capital solutions to owners, operators, dealers and manufacturers of business and commercial aircraft worldwide. SCF is a privately held commercial finance company established in 2015 and based in Plano, TX. With financial backing from Security Benefit Corporation, SCF actively originates and manages a multi-billion-dollar platform of commercial loans and leases. SCF specializes in transactions for businesses in a wide variety of industries (aviation, rail, realty, marine, transportation, manufacturing, energy, etc.) across the entire credit spectrum with assets located throughout the world.
Asian Sky Group
Asian Sky Group (ASG) is headquartered in Hong Kong with offices throughout the Asia-Pacific region. It has assembled the most experienced team in the region to provide a wide-range of independent business and general aviation services. ASG has sales and business development teams based in Hong Kong, Shanghai, Beijing, Shenzhen and Singapore. Through established, long-standing relationships with its industry peers, ASG expands its reach to the Middle East, Africa, Europe and the Americas. Understanding the local market while applying our global mindset, ASG bridges the gap between cultures and regions. Our team capitalizes on its Western knowledge and Eastern know-how, making your global aviation needs smoother and more efficient.
The acclaimed Asian Sky Fleet Reports are produced by ASG’s aviation consulting team, in collaboration with Asian Sky Media — a division of ASG focusing on media, publications and aviation marketing services. Through its marketing services, Asian Sky Media offers aviation companies online and offline opportunities to enhance brand awareness, develop a more strategic marketing plan and connect with target audiences in the Asia-Pacific region and worldwide.
Boeing Business Jets
Boeing Business Jets brings the best of commercial aviation into the realm of private air travel, offering customers a wide range of Boeing products that can be uniquely customized for the private, business or governmental sectors. The robust characteristics of these airplanes also provide an excellent value proposition when outfitted for the private market; offering larger, more personalized space, unmatched reliability and worldwide support. Our customers put a high premium on quality, convenience and mobility. Most often, they want access to the same amenities in the air as they have on the ground including an office, bedroom, shower, dining facilities, entertainment areas and more. And Boeing Business Jets can deliver it all.
Bermuda Aircraft Registry
The first and largest offshore aircraft registry. Bermuda’s Aircraft Registry is extensive and ranks 10th in size when compared to the 192 signatory States to the Convention on International Civil Aviation. The current Registry includes a mix of both private aircraft and commercial aircraft operated on a Bermuda AOC or under Article 83 bis Agreements of the Convention on International Civil Aviation. Bermuda’s Registry has earned a solid reputation internationally for being safe and well-regulated. Its significant growth is a reflection of Bermuda’s status as the jurisdiction of choice for aircraft registration, with excellent credibility, high regulatory standards and professional staff.
Collins Aerospace, a unit of United Technologies Corp. (NYSE: UTX), is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry. Created in 2018 by bringing together UTC Aerospace Systems and Rockwell Collins, Collins Aerospace has the capabilities, comprehensive portfolio and expertise to solve customers’ toughest challenges and to meet the demands of a rapidly evolving global market.
Through our ARINCDirect suite of solutions, Collins Aerospace offers the best in class flight planning, flight deck communications, cabin communications, international trip services, fuel and Flight Operations Systems (FOS®).
GE Aviation is committed to providing leading propulsion systems for business and general aviation (BG&A) customers around the world. We provide jet engines for small and large cabin business aviation aircraft and turboprop engines for BG&A operators. We are passionate about customers and the flexibility, access and productivity their flight operations bring to remote communities, commerce, recreation, agriculture, medical missions, pilot training, and humanitarian aid.
GE has a global service network to support these offerings. GE and its customers are also working together to unlock new opportunities to grow and deliver more productivity beyond traditional services. GE Aviation is becoming a digital industrial business with its ability to harness large streams of data that are providing incredible insights and in turn, real operational value for customers.
Global Jet Capital
With approximately $2.5 billion in assets under management and the additional current committed capacity to lend, Global Jet Capital has the expertise, financial strength, industry relationships, and infrastructure necessary to offer a variety of flexible leasing and financing solutions at the speed the market requires. We currently serve nearly all jurisdictions and have the capital and expertise to meet the needs of today's rapidly expanding and diversifying private jet owners and operators.
Jet Aviation, a wholly owned subsidiary of General Dynamics, was founded in Switzerland in 1967 and is one of the world’s leading business aviation services companies. More than 4,800 employees cater to client needs from close to 50 facilities throughout EMEA, Asia, and the Americas. The company provides maintenance, completions and refurbishment, engineering, FBO and fuel services, along with aircraft management, charter services and personnel services. Jet Aviation's European and U.S. aircraft management and charter divisions jointly operate a fleet of some 300 aircraft.
Following the acquisition of Hawker Pacific by Jet Aviation in 2018, the company formed a third region - Asia-Pacific (APAC) - to enable the company to pursue interests and ambitions in support of exceeding client’s expectations. With more than 20 locations and a regional headquarters in Singapore, some 1,100 employees across the APAC region offer maintenance, engineering, FBO and fuel services, along with aircraft management and charter services. Learn more at www.jetaviation.com
Jet Support Services, Inc. (JSSI)
Founded in 1989, JSSI is the only hourly cost maintenance provider covering virtually all makes and models of business aircraft, engines and APUs. JSSI provides its customers with comprehensive, flexible and affordable financial tools for managing the often unpredictable costs of operating and maintaining nearly all types of turbine-powered aircraft, including jets, turbo-props and turbine-powered helicopters. JSSI serves customers globally and manages maintenance services through its worldwide infrastructure of certified technical advisors.
At OPMAS, we have dealt with aircraft customs handling for more than two decades. This is the only service we provide. We are not involved in financing, offshore tax structures, tax planning or yachting etc. Over these last 20 years, we have learned that long-term local presence and knowhow are essential when it comes to aircraft importation and admission in order to avoid unpleasant surprises. Our experienced acquired knowledge and strong and invaluable handling with the Danish authorities ensure a smooth handling process.
Denmark has the very best reputation both within the EU and worldwide. Denmark is further number one on the Transparency List over the least corrupt nations in the world. We are known always to implement all EU-directives promptly and 100% by the book without ANY bending of the rules in favour of local companies. Denmark is the only member state involved in aircraft importation or admission, which is not considered a tax haven.
We have an extensive legal, aviation and administrative background. Our founder and CEO, Lasse Rungholm, is an aviation lawyer (L) and commercial airline pilot (ATPL, EASA and FAA) with more than 20 years of experience in these fields. Denmark has been the member state of choice for these procedures for a long time and our local presence and detailed knowledge of the systems mean that any proposed change in legislation can be easily detected and implemented. We are not strangers setting up shop in a foreign jurisdiction. We know that one of our strongest assets is our extensive local knowledge and long experience working with the authorities.
We are a FULL-SERVICE provider – with no exceptions – and we will support you in any situation. You will never walk alone.
Please, contact us regarding your situation – we will advise you of the best solution for our situation and needs. For more information go to: www.opmas.dk.
The States of Guernsey is a British Crown Dependency, independent from the United Kingdom and outside the European Union. The Registry features a unique set-up, where SGI Guernsey is acting as a service provider for the Guernsey Registrar and DCA. All of the day to day activities are performed by SGIG under the supervision of the DCA & Registrar. This set up allows SGIG to act with a commercial mindset within the strict requirements and boundaries required by the DCA & Registrar. The Aircraft nationality mark for Guernsey is ‘2’, hence brand name ‘2-REG’. 2-REG is not part of the EU and therefore not bound by EASA regulations but nonetheless is an ICAO based registry. Aircraft, engines and lease agreements can be registered under 2-REG, which is ratified by the Cape Town Convention and recognised by all major national authority registries. 2-REG validates TCDS issued by EASA, FAA, CAAC and ANAC. Aircraft registered on 2-REG do not need physical presence in Guernsey and the owner does not need to have a company in Guernsey when the aircraft are used for private operations.
The first aircraft was registered on 2-REG in December 2013. Since 2015, Guernsey legislation has been extended to allow 2-REG to issue AOCs. As of the beginning of April 2019, 6 AOC certificates had been issued and more than 460 aircraft had been registered.
2-REG has achieved a solid name within the leasing industry, where three out of the top five leasing companies are recurrent customers. Lessor friendly features include;
A tailored register for aircraft lessors in urgent need of a temporary register for a ferry flight, aircraft in storage or in case of repossession
2-REG is open for registration of aircraft that are in between leases
‘Can-do’ attitude, with 24/7 accessibility
Competitive fees and charges
Airworthiness surveyors strategically located across the globe
All aircraft leaving the 2-REG successfully exported to a next authority without any issue
Quick registration and de-registration processes
Airbus Corporate Jets
ACJ creates the world’s most rewarding flying experiences with customers by providing them with unique expertise, the finest service, best technology and highest standards of care in corporate aviation.
All Airbus corporate jets come from the most modern aircraft family on the market. Derived from Airbus’ successful market-leading jetliners, ACJ customers will invariably be close to Airbus’ global support network and, wherever in the world they choose to fly their aircraft, they will be supported around the world, around the clock.
The ACJ family gives customers the greatest choice of wide and spacious cabins, presenting inspiring and infinite possibilities in creating unique spaces that offer the best comfort and functions. Those customers who want even greater space to carry even more passengers can opt for one of ACJ’s family of VIP widebodies that also deliver “non-stop to the world” range.
Avsurance is a single-source access point to a variety of aviation risk-management solutions. A subsidiary of Avfuel Corporation, Avsurance is focused exclusively on the aviation industry, providing coverage for fixed base operators, commercial flight departments, scheduled carriers, flight schools, regional airlines, freight/cargo haulers, airports, aviation products manufacturers, helicopter operators and more. The Avsurance team puts its industry expertise and skills to work to provide its clients with the most informed quotes on a variety of coverages, including, but not limited to, hangarkeepers’ insurance, worker’s compensation, hull and liability insurance, and environmental liability. Avsurance works with the most experienced aviation underwriters and well-established financial institutions to seamlessly support its customers. Furthermore, its customized insurance packages are regularly reviewed to ensure that coverage is comprehensive, from an aircraft to the hangar that stores it; and from the airport’s terminal to the employees that run it.
Clyde & Co
Clyde & Co is a dynamic, rapidly expanding global law firm focused on providing a complete legal service to clients in our core sectors including aviation and insurance. It has over 2,000 legal professionals operating from over 50 offices in every region, including Asia Pacific, Canada, the United States, Latin America, Europe, UK, Africa and the Middle-East.
Clyde & Co has over 100 specialist Aviation lawyers on every continent except Antarctica. In business aviation the team advises aircraft owners, operators, managers, lessors and financiers, CAMO providers, fixed based operators, cabin designers and fitters, ground handlers and their respective insurers and reinsurers on a range of matters including acquisitions and sales, financings, licensing, employment, contingency planning, emergency response, prosecutions, claims and subrogated recoveries, as well as uninsured disputes, injunctions, asset detentions and recoveries.
Who's Who Legal consistently recognise Clyde & Co as the world's leading firm in the field of Aviation Law.
Down-Route has developed and markets a unique free to use, expense man-agement and hotel reservations App developed especially for the business aviation industry and travelling crews.
The company was founded by Andy Hudson in 2016 and the first phase of the company’s development saw the Application reach the market and generate interest within the industry, with over 100 operators expressing an interest in using the application once the fully featured version was released.
The company was sold in early 2019 in a strategic investment move to a New York-based Private investment & company incubator. The consequent strengthening of the executive team and injection of capital have secured the next phase of development and marketing with the company re-asserting its market presence at EBACE 2019.
The company now looks to expand the features available on the application with a view to widening its relevance to travelling crews and becoming an in-tergral part of both back office operations and the cockpit eco-system.
Embraer is a global company headquartered in Brazil with businesses in commercial and executive aviation, defense & security. The company designs, develops, manufactures and markets aircraft and systems, providing customer support and services.
Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. An aircraft manufactured by Embraer takes off about every 10 seconds somewhere in the world, transporting over 145 million passengers a year.
Embraer entered the business aviation market in 2000 with the Legacy jet, which led to the launch of Embraer Executive Jets in 2005. Its portfolio is one of the broadest and most technologically advanced in the market. It consists of the entry-level Phenom 100EV, the light Phenom 300E, the medium-cabin Legacy 450 and Legacy 500, the midsize Praetor 500 and the super-midsize Praetor 600, the large Legacy 650E and the ultra-large Lineage 1000E. Embraer’s global fleet exceeds 1,300 aircraft, which are in operation in more than 70 countries and are supported by the company’s global Customer Support and Services network of over 70 owned and authorized service centers, complemented by a 24/7 Contact Center.
ExecuJet is part of the Luxaviation Group, one of the largest private aircraft operators in the world. It is comprised of Luxaviation Helicopters, Starspeed and some of the world’s leading business aviation entities including ExecuJet.
The Group offers a wide range of services including aircraft management for private and commercially registered aircraft, charter, maintenance and fixed-base operations (FBOs).
Luxaviation operates globally across Africa, Asia-Pacific, the Caribbean, Europe, Latin America and the Middle East, under the regulatory umbrella of 15 air operator’s certificates (AOCs). Luxaviation has a global network of 28 FBOs which are operated under the ExecuJet brand.
Luxaviation operates more than 260 jets and helicopters under the most stringent safety standards and currently employs more than 1,000 employees worldwide.
Further information: www.luxaviation.com / www.execujet.com
Isle of Man Aircraft Registry
Safety with Service' is our ethos.
A multiple-award winning organisation staffed by a team of client-focussed professionals, dedicated to facilitating high standards of safety whilst delivering excellence in customer service. The Isle of Man Aircraft Registry (IOMAR) was established on a cost neutral basis in 2007 to support the Business Aviation industry internationally. We are currently the second largest private business jet register in Europe and the sixth largest in the world.
We are passionate about incrementally raising standards of safety & regulation whilst providing best possible support & excellent customer service to our much valued clients.
Our Registry Services Team is here to assist you with: Aircraft Registration, Changes to Aircraft Details, Mortgage Services and Renewals.
Our Flight Operations Team is here to assist you with: Company Operating Manuals, Operational Approvals, Permissions and Exemptions, Carriage of Dangerous Goods and Aircraft Equipment Requirements.
Our Airworthiness Team is here to assist you with: Authorisations, Permit to Fly and Modification approvals.
Jetcraft is the leader in international aircraft sales, marketing and ownership strategies, managing and maintaining over 20 regional offices globally. The company’s unparalleled success over more than 50 years in business aviation has earned it a world-class reputation, along with an exceptional customer base, a wide network of connections and one of the largest inventories within the industry.
McAfee & Taft
McAfee & Taft. Located just miles from the Federal Aviation Administration Aeronautical Center in Oklahoma City, the law firm of McAfee & Taft has distinguished itself in the field of aviation law as having one of the largest and most experienced FAA aviation groups in the United States.
McAfee & Taft’s Aviation Group actively represents national and international clients – from individuals to leaders in industry – on a wide spectrum of aviation matters, including aircraft title and registration, The Cape Town Convention and International Registry matters, escrow closings, aircraft ownership issues, import/export matters, closing and post-recordation opinions, and unmanned aircraft systems. The firm also represents clients in the resolution of disputes involving the perfection of ownership rights, chain of title issues, slander of title claims, and the validity of liens placed on the aircraft.
The firm is also one of only four law firms in the United States to be selected for membership in L2B Aviation, an international association of independent law firms that specializes in providing legal advice to the aviation industry.
Headquartered in Singapore, OJets Pte Ltd is a privately-owned integrated provider of comprehensive business aviation services with a fleet of state-of-the-art, ultra-long range Bombardier business aircraft that provide intercontinental capabilities across the Pacific Rim. OJets is dedicated to providing the pinnacle of service excellence and an unparalleled luxury experience in business aviation to the most discerning travellers worldwide.
OJets is an indirect air carrier. The fleet is operated by Elit'Avia Malta Limited under a Maltese air operator’s certificate and by Aviation Concepts, Inc., under a US Part 135 air carrier certificate. OJets holds a 30% equity interest in Elit'Avia Malta Limited, while OJets and Aviation Concepts, Inc., are affiliates under common ownership. For more information, please visit www.ojets.com.
The Registry of Aruba
Aruba is an autonomous and self-governing state of The Kingdom of the Netherlands and an overseas territory of the European Union.
Established in 1995, the Registry of Aruba was the first privately managed aircraft registration program rated Category-1 by the FAA, with regulatory framework in compliance with international standards.
Aruba is an OECD white-listed tax-efficient offshore jurisdiction with an outstanding reputation that offers flexibility and value adding services; enhanced through the introduction of the Cape Town Convention and the registration of an aircraft through the election of domicile.
Innovation continues in Aruba as we develop and grow our client services, offering the utmost qualified registration, certification, and inspection team; efficiently managing all the details involved when registering your private, corporate, and commercial aircraft.
With a dedicated and experienced staff, our management and technical personnel are available 24/7 to offer personalized and effective service to meet all operational needs from day one.
Our top priority is providing excellence in service and creating long lasting relationships with our customers. We pride ourselves in offering unrivaled boutique-appeal solutions preserving Air Safety First.
Rolls-Royce designs, develops, manufactures and services integrated power systems for use in the air, on land and at sea. We are one of the world’s leading producers of aero engines for large civil aircraft and corporate jets. We are the second largest provider of defense aero engines and services in the world. For land and sea markets, reciprocating engines and systems from Rolls-Royce are in marine, distributed energy, oil & gas, rail and off-highway vehicle applications. In nuclear, we have a strong instrumentation, product and service capability in both civil power and submarine propulsion.
Shearwater Aero Capital
Shearwater Aero Capital is a private finance company offering asset-based/limited recourse financing on business jet aircraft for clients around the globe. Founded in 2014 and based in Atlanta, Georgia, Shearwater has financed aircraft in Asia, the Middle East, Africa and the USA.
Shearwater’s financial backing comes from private investors comprised of family offices and HNWI’s. As a result, we are not burdened with the regulations that banks and larger financial institutions face, and we pride ourselves on being fast, flexible and able to structure deals to accommodate our clients’ unique needs. We specialize in financing older aircraft and providing non-traditional deal structures.
Flying above and beyond
TAG Aviation leads the world in providing award-winning business and private aircraft solutions. With operational bases in Europe, Asia and the Middle East, we have the reach, experience and expertise to manage, maintain and charter aircraft across the globe, providing our clients with an unmatched service, the world over.
Swiss precision for almost half a century
Founded in Switzerland, we have over 45 years of operational excellence to call upon, offering one of the most comprehensive sets of client-focused and technical services. This incorporates Aircraft Management, Charter Solutions, Maintenance Services, FBO Handling, Pilot and Crew Training.
TAG’s objective is to provide a tailored service to each client. In meeting your unique requirements we go above and beyond, setting the global standard in business aviation with a philosophy of excellence.
UAS International Trip Support
UAS International Trip Support is an award-winning, customized flight support solutions provider, serving customers globally. Offering a one-stop shop for all aviation needs including trip support, executive travel, and air charter needs, UAS is trusted by Heads of State, VVIPs, Fortune Global 500 companies, and business jet operators worldwide. Founded in 2000 with a vision to serve places other suppliers had yet to reach served before, UAS has been at the forefront anticipating demands and exceeding the expectations of its clients ever since. With a ground presence at 31 locations, its global network is constantly expanding to ensure clients receive the best supervision and quality at every destination. UAS channels its expertise and experience to deliver game-changing technology solutions designed specifically for business aviation. Its over-riding mission is to revolutionize the international business flight and user experience. For more information, visit www.uas.aero
Vedder Price and our 300-plus lawyers serve a global client base from offices in Chicago, New York, Washington, DC, London, San Francisco, Los Angeles and Singapore.
Vedder Price enjoys a strong worldwide reputation for legal services related to global transportation finance. We serve a broad base of clients across all transportation sectors, including the aviation, aerospace, railroad and marine industries, and are positioned to serve both US-based and international clients who execute deals under New York and English law.
You can expect to work with creative, experienced attorneys who have both deep practical experience and broad transportation industry perspectives – insight that can support you in matters ranging from simple to highly complex.
With one of the largest and most experienced Business Aircraft Finance practices in the world, Vedder Price is able to provide counsel in all aspects of business aircraft financing transactions, particularly large jet aircraft but also small jets, turboprop aircraft and helicopters.
No one buys a light jet to have a big cabin, but a flat floor in the Learjet 75 markedly improves the cabin size and comfort for a small jet. The cabin itself is 5ft 1in wide and 4ft 11in high, in line with the largest cabins in the light jet market.
In the standard executive layout, the cabin can be configured to seat up to nine passengers with two sets of double club seating and a belted lavatory. The club-configured seats are rotatable and reclinable to increase passenger comfort.
Inside the cabin, the Learjet 75 features a lavatory, six pop-up monitors with access to entertainment and the cabin management system, as well as access to high-speed Internet.
In terms of storage, the Learjet 75 has 65cu.ft of luggage space, with 15cu.ft of this being accessible inflight. In total, the aircraft can carry approximately six golf bags, seven suitcases and four carry-on bags.
There is also a small galley area, with two ice drawers and a microwave – a feature most light jets do not have.
In the cockpit, the Learjet 75 features a Garmin 5000 flight deck and a synthetic vision system – reducing pilot workload and overall increasing safety.
List price for a new Learjet 75 is $13.8 million – making it significantly more expensive than other options in the market. Since the first deliveries of the Learjet 75, competitors such as Embraer have released upgraded versions of their light jets, whilst Bombardier has left the Learjet 75 untouched. Being left behind the times somewhat, new sales of the Learjet 75 have struggled recently. In 2017, only 14 Learjet 75’s were delivered – a worryingly low number considering Embraer delivered 54 Phenom 300s in the same time period. It is likely that ordering a new Learjet 75 could be negotiated to a heavy discount to the list price.
In terms of the pre-owned market, data from AMSTAT shows the average asking price in March 2018 was $6.7 million, with 3.7% (4 aircraft) of the active fleet available for sale. The average time spent on the market before being sold is 179 days.
The average age of the available aircraft on the pre-owned market is 2014, meaning that the average Learjet 75 is worth 49% of the list price of a new aircraft. This equates to an average yearly depreciation rate of 12.5%, slightly higher than the industry benchmark of 10% per year (assuming the aircraft was purchased at list price). This is good news for pre-owned buyers, but be wary of a continuation of such a depreciation rate.
Of the global active fleet, 83 aircraft are located in North America, 16 in South/Central America, 5 in Western Europe; with Asia, Eastern Europe and MEA each being home to only one aircraft each.
The Learjet 75 will cost $1,903 per hour to operate, according to data from Conklin and de Decker. This is a few hundred dollars more than competitors such as the Phenom 300 and Citation CJ3+. This is in part due to the speed of the aircraft, as this will increase fuel consumption.
Fixed costs for the year will be $325,425, with this cost covering non-flight hour dependant costs, such as crew salaries and training, insurance and hangarage costs.
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