For a Teterboro trip of two or three hours with a small group, the light jet is usually where the quote lands and usually where it should. It takes the baggage a very light jet cannot and still gets into the smaller fields. The Learjet 40 / 40XR is one of the aircraft we arrange for those trips.
Bombardier produced the Learjet 40 from 2003 through 2012, with the 40XR uprate arriving in 2004. Two Honeywell TFE731-20AR turbofans drive the type to 464 knots at up to 51,000 feet, six to seven passengers, 1,857 nautical miles of range, and 50 cubic feet of baggage. Enclosed lavatory.

Performance and Cabin
- Category: Light Jet
- Manufacturer: Bombardier (Learjet)
- Year introduced: 2003-2012
- Seating: 6 to 7
- Crew: 2
- Range: 1,857 nautical miles
- Cruise speed: 464 knots
- Service ceiling: 51,000 feet
- Length: 55.6 feet
- Wingspan: 47.7 feet
- Height: 14.4 feet
- Baggage volume: 50 cubic feet
- Lavatory: Enclosed
Why the Learjet 40 / 40XR Fits Teterboro
The airport usually decides a light jet trip out of Teterboro. Teterboro itself takes anything in this band, and the field at the far end is the one that narrows the list, so your advisor starts there.
Published range is 1,857 nautical miles and it seats 6 to 7. What that turns into on your trip depends on the payload and the winds on the day, which is a calculation the operator runs for that aircraft.
The airport has one hard constraint and it is worth knowing before you choose an aircraft. Teterboro holds a 100,000-pound operating-weight limit, so an airliner-size trip departs from Morristown Municipal Airport (KMMU/MMU) or Newark Liberty International Airport (KEWR/EWR) instead. Business jets through the long-range types operate within the limit and use Teterboro normally.
Your advisor will put the realistic options side by side, with the trade-offs stated, before anything is booked.
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Vetting Behind Every Trip
Every operator, aircraft, and crew goes through our internal due diligence before we present any options. Our internal standards meet or exceed what the FAA requires:
- FAR Part 135 charter operators for traditional private aircraft, or FAR Part 121 for airliner-size and group trips (or the foreign equivalent on international legs)
- Operator subscription to Wyvern and ARGUS reviewed where the operator participates.
- Pilot experience and operator incident history reviewed before we recommend an aircraft.
- Fewer than 60 brokers worldwide hold Premium Wyvern Broker Member status, and Air Charter Advisors is one of them.
Part 135 is the FAA’s set of rules for on-demand, for-hire charter. It carries stricter operating, crew, and insurance requirements than FAR Part 91, the rules for private, non-commercial flying that cannot be sold as charter.
Charter Pricing Reference
Industry hourly rates for the Learjet 40 run $3,500 to $4,800 per hour as of 7/2026. Actual quotes vary by operator, routing, positioning, and date.
What you are quoted also depends on where the aircraft starts from. Positioning the aircraft to your departure city is part of the price, and a one-way leg carries it more visibly than a return trip does. Your advisor will show you where the number comes from before you book.
Other Light Jets Available
- Beechjet 400 / 400A
- Cessna Citation Bravo
- Cessna Citation CJ2
- Cessna Citation CJ3
- Cessna Citation CJ4
- Cessna Citation II
Contact
For a quote on a Learjet 40 / 40XR charter into or out of Teterboro, use our contact page or call 1-888-987-5387. The vetting behind every trip is set out on our safety page, and the full fleet is in the aircraft directory.
The hourly rates provided are estimates based on 2026 market data and are for informational purposes only. These figures are subject to change and do not constitute a final offer. Final pricing is dynamic and depends on real-time factors including, but not limited to, specific itinerary requirements, aircraft positioning (“ferry” fees), fuel price volatility, and current market availability. These estimates exclude all applicable taxes, de-icing, landing and handling fees, special event fees, international surcharges, overnight crew expenses, and premium catering. Please contact Air Charter Advisors directly for a firm, all-inclusive quote tailored to your specific travel needs.