CESSNA Citation Sovereign + Price and Operating Costs

Specifications
The CESSNA Citation Sovereign + , manufactured from 2014-2021, 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 2,885 NM/3,320 SM seats-full range. The CESSNA Citation Sovereign + has a 3,560' balanced field length and 2,850' 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 $13,745,000.00. A $7,496,850.00 loan over 120 months including $31236.88 per month in interest equates to a $375,919.91 per-period payment. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the CESSNA Citation Sovereign + has total variable costs of $1,412,100.00, total fixed costs of $706,526.00, and an annual budget of $2,118,626.00. This breaks down to $4,708.06 per hour.