CESSNA Citation Jet Price and Operating Costs


Specifications
The CESSNA Citation Jet, manufactured from 1993-1999, requires a 1 person crew and can transport up to 6 passengers. The aircraft has a maximum operating altitude of 41,000', a normal cruise speed of 364 KTS/419 MPH, and a 731 NM/842 SM seats-full range. The CESSNA Citation Jet has a 3,909' balanced field length and 3,309' landing distance. The cabin measures 04'09" high, 04'10" wide, and 11'00" long. It has a total baggage capacity of 55.00 ft^3; 04.00 ft^3 being internal and 51.00 ft^3 being external.


Pricing
Depending on numerous factors, the average price for a pre-owned CESSNA Citation Jet is $1,071,800.00. A $535,900.00 loan over 120 months including $2232.92 per month in interest equates to a $26,872.02 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the CESSNA Citation Jet has total variable costs of $628,762.50, total fixed costs of $311,892.00, and an annual budget of $940,654.50. This breaks down to $2,090.34 per hour.

RANGE:
731 NM / 842 SM
SPEED:
364 KTS / 419 MPH
PRICE:
$1,071,800.00
MAX PASSENGERS:
6 people

CESSNA Citation Jet

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
$311,892.00
$138,742.00
Total Variable Cost
$628,762.50
$628,762.50
Annual Budget
$940,654.50
$767,504.50
Total Hourly Cost
$2,090.34
$1,705.57
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