Cessna Citation III Price and Operating Costs

Cessna Citation III Specifications

The cessna Citation III, manufactured from 1983 - 1991, requires a 2 person crew and can transport up to 8 passengers. The aircraft has a maximum operating altitude of 51,000', a normal cruise speed of 431   KTS   /   496   MPH, and a 1,725 NM/1,985 SM seats-full range. The cessna Citation III has a 5,489' balanced field length and 3,213' landing distance. The cabin measures 05'08" high, 05'06" wide, and 18'05" long. It has a total baggage capacity of 61.00 ft^3; 00.00 ft^3 being internal and 61.00 ft^3 being external.

Cessna Citation III Pricing

Depending on numerous factors, the average price for a pre-owned cessna Citation III is $950,000. A $475,000 loan over 120 months including $1,979 per month in interest equates to a $23,818 per - period payment. Based on 450 annual owner - operated hours and $6 - per - GAL fuel cost, the cessna Citation III has total variable costs of $1,604,133, total fixed costs of $596,315, and an annual budget of $2,200,448 .This breaks down to $4,890 per hour.