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Cessna/Textron Latitude

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General Information

Start Model Year

2015

End Model Year

In Production

Engine Count

2

Typical Passengers

9

Model Class

Jet - Midsize

Up to - Passengers

9

Performance
Range Compare Ranges Based on zero wind, ISA conditions, no runway or temperature restrictions, and four passengers at long-range cruise speed.	2,700
Max Cruising Speed Based on zero wind, ISA conditions, no runway or temperature restrictions, and four passengers at maximum cruise speed.	446
Ceiling (feet)	45,000
Take off Distance (feet)	3,580
Landing Distance (feet)	2,480

Cabin Dimension
Height (feet)	6.00
Width (feet)	6.42
Length (feet)	21.75
Cabin Zones	1
Cabin Diagrams	View and compare Latitude cross section and floor plan >

Aircraft Dimension
Tail height (feet)	20.92
Wing span (feet)	72.33
Length (feet)	62.25
Max Takeoff Weight (lbs.)	30,800

Current Market
Ask Price Min	$14,000,000
Ask Price Max	$17,900,000
Model Year Min	2015
Model Year Max	2020
Total Time Min (hours)	1,148
Total Time Max (hours)	3,692
% of Fleet for Sale	1.61%
# For Sale	7

Financial: Annual Fixed Costs
Crew Crew cost is the average total of crew salary assuming a 30% benefit. The typical crew for each model class is: Light: 2 Pilots Midsize: 2 Pilots Super Midsize: 2 Pilots Long Range: 2 Pilots, 1 Flight Attendant Ultra-Long Range: 2 Pilots, 1 Flight Attendant Turboprop- Single Engine: 1 Pilot Turboprop- Twin Engine: 2 Pilots Aircraft larger than a light jet assumes up to 350 hours per year with a typical crew. More than 350 hours per year may require additional staffing.	$325,056
Hangar	$68,797
Hull Insurance Hull insurance is estimated at 0.15% of the purchase price of an aircraft.	$23,925
Liability Insurance Liability Insurance Estimates:	$35,000
Miscellaneous	$8,000
Annual Amount	$460,778

Financial: Variable Hourly Costs
Fuel Consumption (gallons per hour)	264
Fuel Cost (at $6.28 per gallon)	1,658
Maintenance	$1,092
Engine Reserves	$976
Miscellaneous	$278
Total Cost / Per Hour	$4,003.92

Financial: One Year Summary at 300 Hours per Year
Purchase Price Purchase price is the average of the current high and low asking prices.	$15,950,000
Market Depreciation (%) Annual market depreciation is calculated by Guardian Jet as a compounded yearly rate of depreciation since the first year a model was in production to the current year.	9.38%
Market Depreciation ($)	$1,496,110
Total Fixed Costs	$460,778
Total Variable Costs Based on 300 hours per year.	$1,201,176
Total Cost of Operation Total Cost of Operation is the sum of market depreciation, fixed costs, and variable costs.	$3,158,064
Create A Custom Cash Flow	What will it cost to buy, fly and sell these aircraft? Latitude cash flow projection >

Technical Comparison
Engine Manufacturer	Pratt & Whitney
Engine Model	PW306D1
Hourly Rate /engine Hourly rate for all engines is representative of engine manufacturers program rate, and is intended for comparison only.	$381
Overhaul Interval (hours)	6,000
Overhaul Cost	$5,000,000
Mid Life Interval	3,000
Mid Life Cost	$1,300,000
Typical Avionics Suite	Garmin G5000
APU Model	Honeywell RE-100

Note: All data is for reference purpose only.