CESSNA Citation Sovereign Price and Operating Costs


Specifications
The CESSNA Citation Sovereign, manufactured from 2004-2013, requires a 2 person crew and can transport up to 9 passengers. The aircraft has a maximum operating altitude of 47,000', a normal cruise speed of 459 KTS/528 MPH, and a 2,589 NM/2,979 SM seats-full range. The CESSNA Citation Sovereign has a 3,714' balanced field length and 2,953' landing distance. The cabin measures 05'08" high, 05'06" wide, and 25'03" long. It has a total baggage capacity of 135.00 ft^3; 35.00 ft^3 being internal and 100.00 ft^3 being external.


Pricing
Depending on numerous factors, the average price for a pre-owned CESSNA Citation Sovereign is $9,033,600.00. A $4,516,800.00 loan over 120 months including $18820 per month in interest equates to a $226,489.13 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the CESSNA Citation Sovereign has total variable costs of $1,108,687.50, total fixed costs of $440,762.00, and an annual budget of $1,549,449.50. This breaks down to $3,443.22 per hour.

RANGE:
2,589 NM / 2,979 SM
SPEED:
459 KTS / 528 MPH
PRICE:
$9,033,600.00
MAX PASSENGERS:
9 people

CESSNA Citation Sovereign

Flying 450 Hours per Year
Flying 450 Hours per Year + 200 Charter Hours
Annual Owner Hours
450
450
Annual Charter Hours
-
200
Fuel Cost
$4.25
$4.25
Total Fixed Cost
$440,762.00
$-122,888.00
Total Variable Cost
$1,108,687.50
$1,108,687.50
Annual Budget
$1,549,449.50
$985,799.50
Total Hourly Cost
$3,443.22
$2,190.67
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