N1932K

The airframe bearing tail number N1932K is a 1994-built Learjet 31A, serial 31-099, manufactured by Learjet (Bombardier). The airframe is registered in the United States and is owned by SPEED AVIATION HOLDINGS LLC, a corporate owner based in Lewes, Delaware, US, which indicates a corporate-operational ownership profile rather than individual ownership. The asset is valued at $1,200,000, reflecting market conditions for late-model light business jets with similar equipment and mission capability. No additional public registry actions are noted in the supplied data beyond the current corporate ownership and U.S. registration.

The cabin on this specific Learjet 31A is fitted in an executive club layout, typically accommodating 6–8 passengers, with some configurations shown to carry up to 10 when including a belted lavatory or divan; the listed seating capacity is 10. Avionics aboard the airframe reflect EFIS upgrades alongside a typical KFC autopilot installation, though exact retrofit status may vary by individual system overhauls. Mission profiles for this airframe commonly include short- to mid-range executive transport and light charter operations out of its home base in Delaware, leveraging the jet’s high cruise speed and transcontinental capability within its stated range. Maintenance considerations for this airframe will center on aging airframe systems and engine TFE731 series support, consistent with corporate operator oversight.

The Learjet 31A family occupies the light, high-performance business jet niche characterized by high cruise speeds, relatively short runway capability, and a 40,000–51,000 ft service ceiling. Competing models in the same market niche include other light jets offering similar speed and range; buyer and charter demand for well-equipped 31A examples tends to favor aircraft with modern avionics retrofits and fresh maintenance logs. Resale and upkeep considerations for this particular airframe will hinge on the condition of the Honeywell TFE731 engines, avionics upgrade completeness, and the corporate maintenance regime under SPEED AVIATION HOLDINGS LLC.