Lower Priced Learjet 75 Liberty Enters Service

The light jet is now within reach of more customers and operators, thanks to a lowered price point and attractive operating costs. Customers can choose between 6- and 8-seat cabin configurations.

The first delivery went to long-time Learjet operator Alex Lyon & Son, an auctioneering firm that operates throughout the United States and beyond. “The Learjet 75 Liberty is a value-added business tool for those seeking a safer and more efficient travel option,” said Peter Likoray, Senior Vice President, Sales and Marketing, New Aircraft, Bombardier Business Aircraft. “This achievement would not have been possible without our highly skilled team members in Wichita, who are incredibly proud to be delivering the best Learjet yet.”

Learjet 75 Liberty

The Learjet 75 Liberty’s six-seat configuration features the segment’s only Executive Suite, where passengers can stretch out thanks to the nearly three feet (89 centimetres) of legroom. This versatile light jet is also available in the popular eight-seat configuration. A standard pocket door behind the cockpit delivers a quiet flight, while Bombardier’s signature smooth ride ensures the most productive and comfortable environment.

Priced at $9.9m the Learjet 75 Liberty is within reach of more customers and operators than ever. Bombardier worked hard to keep the price point below $10m to make it competitive with Embraer and Citation products. The original Learjet 75, that the 75 Liberty has replaced, was priced several million dollars above this number.

“Over the past 20 years, Learjet aircraft and Bombardier’s support teams have given me a 99.9% dispatch reliability rate. And thanks to the speed of a Learjet, a late departure doesn’t prevent us from arriving on time, which has helped me run my business more efficiently,” said Jack Lyon, President and CEO of Alex Lyon & Son. “We appreciate the speed, range and reliability of these aircraft, and we’re proud to become the owners of the first Learjet 75 Liberty.”

Established in 1950, Alex Lyon & Son Sales Managers and Auctioneers Inc. is the largest privately held auction company and sales manager in the world. This family-owned operation is located in Bridgeport, N.Y., and has offices and conducts business in the U.S., Canada, Mexico and South America. The Learjet 75 Liberty has a range of 2,080 nautical miles, able to connect Las Vegas to New York, Seattle to Washington, D.C., and Mexico City to San Francisco, nonstop.

Looking at the operating costs for the 75 Liberty, assuming an owner flys 400 hours a year and fuel is at $4.20 per gallon, the all in hourly operating cost is $3,655 per hour, including all fixed and variable costs. Looking at an alternative model, if the owner flys 300 hours a year and can charter the aircraft out for 100 hours a year at say $3,300 per hour, then the owners effective net cost per hour is $2,555 per hour for each of their 300 occupied flight hours.

To compare the operating costs of the Learjet 75 Liberty, to competitors such as the Citation CJ4, Citation CJ3+ and XLS+, or the Embraer Phenom 300 buy a 3 plane comparison report or subscribe for a full years access to run multiple aircraft cost comparisons.. Both options let you customize the analysis to suit the number of hours you plan to use the aircraft or charter it out.