CESSNA Citation Latitude Price and Operating Costs

Specifications
The CESSNA Citation Latitude, manufactured from 2015-Present, 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 2,482 NM/2,856 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 $12,434,956.00. 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 $7.00-per-gallon fuel cost, the CESSNA Citation Latitude has total variable costs of $1,543,500.00, total fixed costs of $580,584.00, and an annual budget of $2,124,084.00. This breaks down to $4,720.19 per hour.