The term 'Business Jet' is a type of aircraft that is used for private business travel. The acronym LEAR stands for Light Executive And Regional jet, which is a type of business jet. This type of jet is designed to provide comfortable and efficient transportation for executives and other business travelers. It typically has a range of up to 3, 000 miles and can accommodate up to eight passengers. It is also equipped with the latest technology, such as satellite communications and advanced navigation systems.