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Cessna Latitude

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The Cessna Citation Latitude is a midsize jet that is typically outiftted with two cabin zones and has a range of 2,787 nm. The aircraft has been in production since 2015 and there have been approximately 209 aircraft produced.

Cessna

Latitude

General Information

Start Model Year: 2015

End Model Year: In Production

fleet sizeFleet Size: 209

Engine Count: 2

passenger iconTypical Passengers: 8

Model Class: Jet - Midsize

 passenger iconUp to - Passengers: 9

Cessna Latitude range ring

Performance

Range:2,787

Max Cruising Speed:429

Ceiling (feet):45,000

Take off Distance (feet):3,580

Landing Distance (feet):2,158

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Dimensions

AIRCRAFT DIMENSION

Tail height (feet):21.0

Wing span (feet):72.4

Length (feet):63.6

Max Takeoff Weight (lbs.):30,800

CABIN DIMENSION

Height (feet):6.0

Width (feet):6.4

Length (feet):21.8

Cabin Zones:1

Cabin Diagrams

FLOOR PLAN

CABIN CROSS SECTION

Current Market

Ask Price Min:$10,800,000

Ask Price Max:$14,000,000

Model Year Min:2,015

Model Year Max:2,018

Total Time Min (hours):100

Total Time Max (hours):1,638

% of Fleet for Sale:4%

# For Sale:8

Technical Information

Engine Manufacturer : Pratt & Whitney Canada

Engine Model : PW306D

Hourly Rate /engine : $210

Overhaul Interval (hours) : 6,000

Overhaul Cost : $730,000

Mid Life Interval : 3,000

Mid Life Cost : $365,000

Typical Avionics Suite : Garmin G5000

Financial

Based on 300 hours a year

FINANCIAL: ANNUAL FIXED COSTS

Crew:$337,084

Hangar:$57,174

Hull Insurance:$18,600

Liability Insurance:$35,000

Miscellaneous:$7,788

Annual Amount:$455,646

FINANCIAL: VARIABLE HOURLY COSTS

Fuel Consumption (gallons per hour):210

Fuel Cost (at $5.00 per gallon):$1,050

Maintenance:$375

Engine Reserves:$590

Miscellaneous:$207

Total Cost / Per Hour:$2,222.36

FINANCIAL: ANNUAL SUMMARY

Based on 300 hours a year

Typical Purchase Price:$12,400,000

Market Depreciation (%):9.38%

Market Depreciation ($):$1,163,120

Total Fixed Costs:$455,646

Total Variable Costs:$666,708

Total Cost of Operation:$2,285,474

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