N401LJ

The airframe bearing tail number N401LJ is a Bombardier Learjet 40 manufactured by Bombardier Aerospace in 2002, factory serial 45-2001. The type certificate and construction sequence place this airframe within the early-production Learjet 40 line, and it is registered to DAVIS AIR LLC, a limited liability company based in Vero Beach, FL, US. Operational records indicate a single-owner corporate operation profile; no other ownership transfers or notable registry actions were reported in the supplied data. As of the provided valuation, the aircraft is appraised at $2,000,000, reflecting its age, equipment specification and typical market condition for late-model Learjet 40s.

This specific Learjet 40 is typically outfitted with a 6–7 place executive layout in the forward cabin and is reported to include an enclosed aft lavatory and refreshment center, delivering a conventional light-corporate interior suited to short- to medium-range missions. Avionics are listed as the Honeywell Primus 1000, supporting typical precision navigation and approach capabilities for business jet operations of its era. With a cruise speed around 457 kts and a range of 1,692 nm, the aircraft is well suited to point-to-point corporate shuttles, regional charters and owner-flown business trips out of its Vero Beach, Florida base. Maintenance considerations for this airframe reflect standard Learjet 40 practices, including TFE731 engine program adherence and avionics lifecycle upgrades.

The Bombardier Learjet 40 family occupies the light-cabin, high-performance niche characterized by fast cruise, high altitude capability and low stage lengths. Competing models include light jets from Cessna and Embraer in the same mission class; buyers typically prioritize speed and climb performance versus cabin volume. Resale and maintenance considerations for this airframe are influenced by its engine type (Honeywell TFE731-20AR), avionics suite (Honeywell Primus 1000) and the aircraft’s 2002 manufacture date, which can affect retrofit needs and market demand, factors reflected in the stated $2,000,000 valuation.