CESSNA Citation II/IISP Price and Operating Costs

Specifications
The CESSNA Citation II/IISP, manufactured from 1978-1994, requires a 2 person crew and can transport up to 7 passengers. The aircraft has a maximum operating altitude of 43,000', a normal cruise speed of 355 KTS/409 MPH, and a 1,438 NM/1,655 SM seats-full range. The CESSNA Citation II/IISP has a 4,465' balanced field length and 2,736' landing distance. The cabin measures 04'08" high, 04'10" wide, and 15'09" long. It has a total baggage capacity of 77.00 ft^3; 36.00 ft^3 being internal and 41.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned CESSNA Citation II/IISP is $851,850.00. A $425,925.00 loan over 120 months including $1774.69 per month in interest equates to a $21,357.46 per-period payment. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the CESSNA Citation II/IISP has total variable costs of $1,141,200.00, total fixed costs of $332,052.00, and an annual budget of $1,473,252.00. This breaks down to $3,273.89 per hour.