N901FP Aircraft Overview
N901FP is a Bombardier Learjet 40 registered in the United States with serial number on file. Light jets define the entry point for turbine-powered business aviation, offering jet speed and reliability with lower acquisition and operating costs than midsize or heavy platforms.
Bombardier Learjet 40 Market Position
The Learjet 40 was a shortened variant of the Learjet 45, offering lower acquisition costs with similar systems and performance. Its 1,760-nautical-mile range and Honeywell TFE731-20 engines serve regional missions efficiently. Production ran from 2004 to 2013.
Performance Profile
The Bombardier Learjet 40 cruises at 465 knots with a published range of 1785 nautical miles under standard reserves. These numbers support most regional missions of two to three hours without refueling. Power comes from 2x Honeywell TFE731-20AR. An operating ceiling of 51000 feet keeps the aircraft above most weather and turbulence.
Mission Profile
Light jets excel at missions under 1,500 nautical miles with smaller passenger groups. The Bombardier Learjet 40 typically seats 7 passengers in a cabin that prioritizes speed and efficiency over cabin volume. For owner-operators and small flight departments, this category delivers the lowest cost per seat-mile in the jet segment.
Charter Authorization
N901FP is not currently listed on a Part 135 certificate in the FAA D085 database. The aircraft operates under Part 91 as a private or corporate flight. Charter availability for this model can be arranged through operators in our network.
Insider Note
Light jets access thousands of airports that larger aircraft cannot reach. Runway requirements are typically under 4,000 feet, opening up regional and county airports closer to the final destination. This can save an hour or more of ground transportation compared to flying into a major hub.
Charter & Acquisition Briefing
N901FP is a 2008 Learjet 45 under . Honeywell TFE731-20AR engines, Collins Pro Line 21 avionics, and a speed advantage that no other light jet matches.
Fleet Position
Over 600 Learjet 45/45XR aircraft were produced. Approximately 350 remain on active U.S. registrations. FAA data shows N901FP based in 7 passengers, . Production ended in 2013, but the fleet continues to fly significant charter hours. The Learjet 45 is the fastest aircraft in the light jet category, cruising at Mach 0.81 (465 knots), which is 15 to 30 knots faster than every competitor.
Charter Availability
N901FP is Part 135 charter authorized. Learjet 45 charter rates range from $3,000 to $4,200 per flight hour, positioning it between the CJ3 and the Phenom 300. The speed premium is real: on a New York to Miami leg, the Learjet 45 arrives 15 to 20 minutes ahead of a Phenom 300. Positioning from 7 passengers adds $2,000 to $5,000 depending on distance.
Market Position
N901FP is a 2008 Learjet 45 from the later production years. Pre-owned values sit at $2M to $3.5M. Late-production 45s often have the Pro Line 21 avionics upgrade and improved interior configurations. These aircraft offer the best balance of acquisition cost and remaining useful life in the Learjet 45 fleet.
At this age, the Learjet 45 competes with early Phenom 300s on acquisition cost. The Learjet is faster (465 vs 453 knots) but has a smaller cabin and higher maintenance costs per hour. If speed is the priority, the Learjet wins. If cabin comfort and lower operating costs matter more, the Phenom 300 is the better acquisition.
Mission Profile
The Learjet 45 handles the executive shuttle mission faster than any light jet in its class. Its climb performance reaches FL450 in under 25 minutes, getting above weather and commercial traffic quickly. The 2,120 nm range (45XR) covers every domestic city pair nonstop and reaches the Caribbean, Bermuda, and northern South America without fuel stops.
When to Choose Something Else
The Learjet 45 is wrong for single-pilot operations. Unlike the CJ3+ or Phenom 300, the Learjet 45 requires two crew members. That adds $80,000 to $120,000 in annual crew costs, which erodes the Learjet's operating cost advantage over midsize jets. If minimizing crew costs is a priority, a single-pilot-certified light jet is the better platform.
Ownership & Operations
Operating costs for business jets break into fixed and variable categories. Fixed costs (hangar, insurance, crew salaries, management fees) accrue whether the aircraft flies or not. Variable costs (fuel, maintenance reserves, landing fees, handling) scale with flight hours. Owners flying fewer than 200 hours annually often find charter or fractional ownership more economical than whole aircraft ownership.
Pre-Purchase Considerations
Total time on airframe and engines is the primary metric for aircraft valuation. Lower-time aircraft command premium pricing but cost more upfront. Higher-time aircraft offer lower acquisition cost but carry higher near-term maintenance exposure. The break-even analysis depends on planned utilization: buyers flying 400+ hours annually amortize acquisition cost faster and tolerate higher initial investment.
Charter Market Context
Jet card programs and membership plans lock in hourly rates for guaranteed availability. Cards typically require a $50,000 to $500,000 deposit and offer 24 to 48 hour booking windows with fixed hourly pricing. The value depends on usage frequency: clients flying 25+ hours annually benefit from rate certainty and guaranteed availability. Below 25 hours, on-demand charter often provides better economics.
Inquire About N901FP
Contact us to see if this aircraft is available for a charter flight or acquisition that fits your needs. If the aircraft is not available or does not work for you, we operate private aircraft as well and have access to more than 15,000 private aircraft worldwide.
For more information contact us and one of our private aviation advisers will be happy to assist you.
Contact UsDetailed Specifications
Aircraft Identity
| Registration | N901FP |
|---|---|
| Manufacturer | Bombardier |
| Model | Bombardier Learjet 40XR (Learjet 40XR) |
| Category | Light Jet |
| Cabin Class | — |
| Year Built | 2008 |
| Configuration | Executive/7 |
| Home Base | Memphis International Airport, Memphis, Tennessee |
| Home Airport | KMEM |
Performance & Capabilities
| Engine Type | 2x Honeywell TFE731-20AR |
|---|---|
| Engine Thrust | 3,500 lbs |
| Max Cruise Speed | 465 knots |
| Maximum Range | 1785 nautical miles |
| Service Ceiling | 51,000 feet |
| Passenger Capacity | 7 passengers |
| Avionics | Honeywell Primus 1000 |
| IFR Certified | Yes |
Frequently Asked Questions About N901FP
16 questions answered about this aircraft and the Bombardier Learjet 40XR
N901FP is a 2008 Bombardier Learjet 40XR (Learjet 40XR) registered in the United States. It carries serial number on file with the FAA and is classified as a light jet in the private aviation market.
N901FP is a Bombardier Learjet 40XR (Learjet 40XR). The Bombardier Learjet 40XR is a light jet platform with a range of 1,785 nautical miles. Bombardier has a well-established support network for this airframe.
The Bombardier Learjet 40 is powered by 2x Honeywell TFE731-20AR, each producing 3,500 lbs. Engine maintenance programs from the manufacturer spread overhaul costs across flight hours, making operating expenses predictable. The powerplant supports a service ceiling of 51,000 feet.
The Bombardier Learjet 40 has a maximum cruise speed of 465 knots. Long-range cruise is 437 kts. At these speeds, a three-hour flight covers approximately 1395 nautical miles, connecting most major city pairs within its range envelope.
The Bombardier Learjet 40XR (Learjet 40XR) has an approximate range of 1,785 nautical miles. This translates to nonstop coverage of coast-to-coast routes such as New York to Los Angeles, or Miami to Seattle. At a cruise speed of approximately 465 knots, total block times remain competitive for the category.
The Bombardier Learjet 40 seats up to 7 passengers in a typical charter configuration. The cabin measures 17.7 ft long, 5.1 ft wide, and 4.9 ft tall. The cabin accommodates productive work or rest on flights of typical duration.
The Bombardier Learjet 40 has a maximum service ceiling of 51,000 feet (FL510). At this altitude, the aircraft operates above commercial traffic and most weather systems. The pressurization system maintains a cabin altitude of approximately 4,500-5,500 feet at maximum cruise altitude, reducing passenger fatigue on long flights.
Yes. The Bombardier Learjet 40 is fully certified for IFR (Instrument Flight Rules) operations. It is equipped with Honeywell Primus 1000 avionics avionics, supporting precision approaches, RNAV/GPS navigation, FANS/CPDLC for oceanic operations, and ADS-B Out compliance. All Part 135 charter operations require two instrument-rated pilots.
The Bombardier Learjet 40 cabin measures 17.7 ft long, 5.1 ft wide, and 4.9 ft tall. Most passengers can stand upright in the center aisle. Baggage capacity is 65 cu ft.
The Bombardier Learjet 40 has 65 cu ft of baggage volume in an externally accessible, heated and pressurized compartment. This accommodates 7+ full-size suitcases or a combination of luggage, garment bags, and sporting equipment. The compartment does not intrude on cabin space.
The Bombardier Learjet 40 is equipped with Honeywell Primus 1000 avionics. This integrated flight deck provides enhanced situational awareness, synthetic vision, TCAS II, and weather radar. The system supports single-crew operations where type-certified, though Part 135 charter flights require two pilots.
The Bombardier Learjet 40 was produced from 2004-2013. The type was succeeded by the Learjet 75. This specific aircraft (N901FP) was manufactured in 2008.
The Bombardier Learjet 40 competes in the Light Jet segment against aircraft with similar range and cabin specifications. Key differentiators include a cruise speed of 465 knots, range of 1,785 nm, and a 5.1 ft-foot-wide cabin. Selection between competing types depends on mission profile, operator availability, and total trip cost.
Charter rates for the Bombardier Learjet 40 typically range from $2,400-$3,200 per flight hour, depending on operator, region, and seasonal demand. This includes crew, fuel at current Jet-A prices, and standard handling. Additional costs may include FBO fees, overnight crew expenses, international handling, and repositioning if the aircraft is not based at the departure airport.
Contact The Jet Finder to inquire about charter availability for N901FP. We have access to more than 15,000 private aircraft worldwide.
Contact us for acquisition information about N901FP. Our aviation advisors can provide market valuation and availability details.
From Your First Mission to Your Final Acquisition
Contact us to see if this aircraft is available for a charter flight or acquisition. If this aircraft is not available, we operate private aircraft and have access to more than 15,000 private aircraft worldwide.