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Cessna/Textron 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/Textron

Latitude

General Information

Start Model Year: 2015

End Model Year: In Production

fleet sizeFleet Size: 326

Engine Count: 2

passenger iconTypical Passengers: 8

Model Class: Jet - Midsize

 passenger iconUp to - Passengers: 9

Cessna/Textron Latitude range ring

Performance

Range:2,455

Max Cruising Speed:429

Ceiling (feet):43,000

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:$16,200,000

Ask Price Max:$16,995,000

Model Year Min:2016

Model Year Max:2016

Total Time Min (hours):1,141

Total Time Max (hours):1,245

% of Fleet for Sale:1%

# For Sale:2

Technical Information

Engine Manufacturer : Pratt & Whitney Canada

Engine Model : PW306D

Hourly Rate /engine : $373

Overhaul Interval (hours) : 6,000

Overhaul Cost : $4,600,000

Mid Life Interval : 3,000

Mid Life Cost : $1,000,000

Typical Avionics Suite : Garmin G5000

Financial

Based on 300 hours a year

FINANCIAL: ANNUAL FIXED COSTS

Crew:$376,740

Hangar:$69,900

Hull Insurance:$24,896

Liability Insurance:$35,000

Miscellaneous:$58,710

Annual Amount:$565,246

FINANCIAL: VARIABLE HOURLY COSTS

Fuel Consumption (gallons per hour):315

Fuel Cost (at $5.00 per gallon):$1,575

Maintenance:$957

Engine Reserves:$725

Miscellaneous:$236

Total Cost / Per Hour:$3,493

FINANCIAL: ANNUAL SUMMARY

Based on 300 hours a year

Typical Purchase Price:$16,597,500

Market Depreciation (%):9.38%

Market Depreciation ($):$1,556,845.50

Total Fixed Costs:$565,246

Total Variable Costs:$1,047,900

Total Cost of Operation:$3,169,991.50

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