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N38MG1989 LEARJET INC 31

N38MG is a 1989 Learjet Inc 31, serial 009, registered to BAY VENTURE MANAGEMENT LLC, an llc in Atlanta, GA, US. The FAA issued the current certificate on 5 Dec 2022, and its status is Valid registration, expiring 31 Dec 2029. The record shows no registry changes, no NTSB case on this mark and no service difficulty reports.

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$1,304,839

Valued 29 Aug 2026

Registration: N38MG
Aircraft: 31; LEARJET INC
Serial Number: 009

Locked

Total Hours

Locked

Total Cycles

1989

Year

Public record

The public record
for N38MG.

This section is public record, drawn from the FAA registry and the Virtual Hangar valuation sheet. Nothing here comes from the aircraft's own logbooks. Verification is what connects this record to the logbooks, the maintenance plan and the value factors only an owner holds, and anything an owner chooses to publish appears separately below.

Registration record

N38MG as the FAA holds it

FAA registry, effective 5 Oct 2026

Airframe

Manufacturer: LEARJET INC
Model: 31
Serial number: 009
Year manufactured: 1989
Airframe type: Fixed wing multi engine
Category: Land
Certification basis: Type certificated
Seats: 10
Weight class: 12,500 – 19,999 lb

Powerplant

Engines: 2
Manufacturer: HONEYWELL
Model: TFE-731-SER
Type: Turbo-fan
Thrust: 4,000 lbf each

Airworthiness

Certificate issued: 12 Aug 2004
Classification: Standard
Approved operations: Transport

Registration

Status: Valid registration
Record type: Currently registered
Certificate issued: 5 Dec 2022
Last FAA action: 22 Sep 2023
Expires: 31 Dec 2029
FAA region: Southern
Fractional ownership: No
FAA unique id: 00285492

Registered owner

Name: BAY VENTURE MANAGEMENT LLC
Registrant type: LLC
Based: ATLANTA, GA, US

Transponder address

Mode S (hex): A45A0B
ICAO 24-bit: a45a0b
Octal: 51055013
Decimal: 10770955

Estimated value

$1,304,839

As of 29 Aug 2026. Virtual Hangar Jetstimate. Market value and charter on virtualhangar.com

Market presence

Not currently listed

N38MG has never appeared on the marketplaces we collect.

Live tracking

Where N38MG is,
right now.

Flight tracking read live from a public feed. In the air, the map shows the aircraft's position, heading and path flown. On the ground, it shows where the feed last reported it, rounded to about a kilometre.

CheckingN38MG

Looking for a position.

Straight answers

Questions about
N38MG.

Each answer is drawn from public record and the Virtual Hangar valuation sheet: the FAA registry, the NTSB database, service difficulty reports, Part 135 certificates and public sale listings. Nothing here comes from the owner's own published details above. Where the record is silent the question is not asked, so an absence here never stands in for a clean history.

What kind of aircraft is N38MG?

N38MG is a 1989 Learjet Inc 31, serial 009. The FAA classes it as fixed wing multi engine, it seats 10, it is powered by 2 Honeywell TFE-731-SER engines.

Who is N38MG registered to?

The FAA registry lists BAY VENTURE MANAGEMENT LLC, an llc in Atlanta, GA, US, as the registrant of N38MG.

Is N38MG still registered?

The FAA lists the registration as Valid registration. The current certificate was issued on 5 Dec 2022 and expires on 31 Dec 2029.

Has N38MG been in an NTSB-reported accident?

The NTSB database holds no accident or incident record naming N38MG. Marks are reused, so this covers the mark, not every airframe that ever wore it.

Does N38MG have service difficulty reports?

No service difficulty reports have been filed against N38MG.

Who operates N38MG for charter?

No Part 135 certificate lists N38MG, so it is not on file as a charter aircraft.

Is N38MG for sale?

N38MG is not currently listed for sale on the marketplaces we collect.

What is N38MG worth?

The Virtual Hangar Jetstimate puts N38MG at $1,304,839 as of 29 Aug 2026. A listing asking price, where one exists, is the seller's number and not this valuation.

Has N38MG changed hands?

The FAA record shows no registry changes for N38MG.

What verification adds

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Public record ends where the aircraft's own paperwork begins. A verified owner connects the two.

LineageEvery logbook page scanned, dated, searchable and backed by the source scan.
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