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 $1,855,625.00. 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 $6.00-per-gallon fuel cost, the CESSNA Citation Jet has total variable costs of $730,350.00, total fixed costs of $327,696.00, and an annual budget of $1,058,046.00. This breaks down to $2,351.21 per hour.