Nolser has reloading data for the 280AI using R-22,AA3100 also Hodgdon,Sierra has data for the 280AI. Be nice if the previous owner gave you some loading data/velocity reading.
Let see max load with 59gr/R-22 @ 3035fps with 24" long barrel and max load of 59gr/AA3100 @ 3013fps with 160gr bullets
Another good load is 61.5gr/IMR-7828 with 160gr bullet @ 3043fps.
When I decided to build my 280AI I use a SS 1/9 twist barrel 27 1/2" long also had it throated alittle long and I gained a good amount over the loads I posted with 160gr bullets
Before I cut the barrel I want to chronograph it first and then decide. I cut one barrel from 27 1/2" down to 24 1/2" and I lost appr 200fps plus with one bullet and appr 70fps with a heavier bullet so that was no big deal as that's the bullet I want to use anyway.
Hard to say what your velocity loss be. Well good luck