Cessna Citation Latitude Price and Operating Costs

Specifications

The CESSNA Citation Latitude, manufactured from 2015 - Present, requires a 2 person crew and can transport up to 9 passengers. The aircraft has a maximum operating altitude of 45,000', a normal cruise speed of 451 KTS/520 MPH, and a 2,500 NM/2,877 SM seats-full range. The CESSNA Citation Latitude has a 4,030' balanced field length and 2,700' landing distance. The cabin measures 06'00" high, 06'05" wide, and 21'09" long. It has a total baggage capacity of 126.00 ft^3; 126.00 ft^3 being internal and 00.00 ft^3 being external.

Pricing

Depending on numerous factors, the average price for a pre-owned CESSNA Citation Latitude is $16,500,000.00. A $8,250,000.00 loan over 120 months including $34375 per month in interest equates to a $413,685.64 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the CESSNA Citation Latitude has total variable costs of $1,822,950.00, total fixed costs of $678,790.00, and an annual budget of $2,501,740.00. This breaks down to $5,559.42 per hour.

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