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Cessna/Textron Sovereign

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General Information

Start Model Year

2004

End Model Year

2013

Engine Count

2

Typical Passengers

9

Model Class

Jet - Midsize

Up to - Passengers

12

Performance
Range Compare Ranges Based on zero wind, ISA conditions, no runway or temperature restrictions, and four passengers at long-range cruise speed.	2,620
Max Cruising Speed Based on zero wind, ISA conditions, no runway or temperature restrictions, and four passengers at maximum cruise speed.	459
Ceiling (feet)	43,000
Take off Distance (feet)	3,750
Landing Distance (feet)	2,320

Cabin Dimension
Height (feet)	5.70
Width (feet)	5.50
Length (feet)	25.25
Cabin Zones	2
Cabin Diagrams	View and compare Sovereign cross section and floor plan >

Aircraft Dimension
Tail height (feet)	20.3
Wing span (feet)	63.3
Length (feet)	63.5
Max Takeoff Weight (lbs.)	30,300

Current Market
Ask Price Min	$5,000,000
Ask Price Max	$9,250,000
Model Year Min	2004
Model Year Max	2012
Total Time Min (hours)	2,480
Total Time Max (hours)	14,702
% of Fleet for Sale	8.45%
# For Sale	29

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.	$408,000
Hangar	$66,200
Hull Insurance Hull insurance is estimated at 0.15% of the purchase price of an aircraft.	$10,688
Liability Insurance Liability Insurance Estimates:	$35,000
Miscellaneous	$8,000
Annual Amount	$527,888

Financial: Variable Hourly Costs
Fuel Consumption (gallons per hour)	281
Fuel Cost (at $6.28 per gallon)	1,765
Maintenance	$1,220
Engine Reserves	$880
Miscellaneous	$240
Total Cost / Per Hour	$4,104.68

Financial: One Year Summary at 300 Hours per Year
Purchase Price Purchase price is the average of the current high and low asking prices.	$7,125,000
Market Depreciation (%) Annual market depreciation is calculated by Guardian Jet as a compounded yearly rate of depreciation since the first year a model was in production to the current year.	9%
Market Depreciation ($)	$641,250
Total Fixed Costs	$527,888
Total Variable Costs Based on 300 hours per year.	$1,231,404
Total Cost of Operation Total Cost of Operation is the sum of market depreciation, fixed costs, and variable costs.	$2,400,542
Create A Custom Cash Flow	What will it cost to buy, fly and sell these aircraft? Sovereign cash flow projection >

Technical Comparison
Engine Manufacturer	Pratt & Whitney Canada
Engine Model	PW306C
Hourly Rate /engine Hourly rate for all engines is representative of engine manufacturers program rate, and is intended for comparison only.	$380
Overhaul Interval (hours)	6,000
Overhaul Cost	$6,000,000
Mid Life Interval	3,000
Mid Life Cost	$1,000,000
Typical Avionics Suite	Honeywell Primus Epic 4 Tube
APU Model	Honeywell RE100

Note: All data is for reference purpose only.