CESSNA Citation Latitude Price and Operating Costs


Specifications
The CESSNA Citation Latitude, manufactured from 2015-2019, requires a 2 person crew and can transport up to 9 passengers. The aircraft has a maximum operating altitude of 45,000', a normal cruise speed of 451 KTS/520 MPH, and a 2,500 NM/2,880 SM seats-full range. The CESSNA Citation Latitude has a 4,030' balanced field length and 2,700' landing distance. The cabin measures 06'00" high, 06'05" wide, and 21'09" long. It has a total baggage capacity of 126.00 ft^3; 126.00 ft^3 being internal and 00.00 ft^3 being external.


Pricing
Depending on numerous factors, the average price for a pre-owned CESSNA Citation Latitude is $14,522,200.00. A $7,261,100.00 loan over 120 months including $30254.58 per month in interest equates to a $364,098.53 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the CESSNA Citation Latitude has total variable costs of $1,110,037.50, total fixed costs of $461,403.00, and an annual budget of $1,571,440.50. This breaks down to $3,492.09 per hour.

RANGE:
2,500 NM / 2,880 SM
SPEED:
451 KTS / 520 MPH
PRICE:
$14,522,200.00
MAX PASSENGERS:
9 people

CESSNA Citation Latitude

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
$461,403.00
$207,153.00
Total Variable Cost
$1,110,037.50
$1,110,037.50
Annual Budget
$1,571,440.50
$1,317,190.50
Total Hourly Cost
$3,492.09
$2,927.09
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