Cessna Citation V Price and Operating Costs

Cessna Citation V Specifications

The cessna Citation V, manufactured from 1989 - 1994, requires a 2 person crew and can transport up to 7 passengers. The aircraft has a maximum operating altitude of 45,000', a normal cruise speed of 397   KTS   /   457   MPH, and a 1,190 NM/1,369 SM seats-full range. The cessna Citation V has a 3,646' balanced field length and 2,864' landing distance. The cabin measures 04'10" high, 04'10" wide, and 17'04" long. It has a total baggage capacity of 67.00 ft^3; 26.00 ft^3 being internal and 41.00 ft^3 being external.

Cessna Citation V Price

Depending on numerous factors, the average price for a pre-owned cessna Citation V is $1,400,000. A $700,000 loan over 120 months including $2,917 per month in interest equates to a $35,101 per - period payment. Based on 450 annual owner - operated hours and $6 - per - GAL fuel cost, the cessna Citation V has total variable costs of $1,234,296, total fixed costs of $490,806, and an annual budget of $1,725,102 .This breaks down to $3,834 per hour.