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Cessna/Textron Citation M2

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The Cessna Citation M2 is a light jet that is typically outiftted with one and a half cabin zones and has a range of 700 nm. The aircraft has been in production since 1990 and there have been approximately 218 aircraft produced.

Cessna/Textron

Citation M2

General Information

Start Model Year: 2013

End Model Year: In Production

fleet sizeFleet Size: 334

Engine Count: 2

passenger iconTypical Passengers: 6

Model Class: Jet - Light

 passenger iconUp to - Passengers: 6

Cessna/Textron Citation M2 range ring

Performance

Range:1,062

Max Cruising Speed:372

Ceiling (feet):41,000

Take off Distance (feet):3,250

Landing Distance (feet):2,340

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Dimensions

AIRCRAFT DIMENSION

Tail height (feet):13.8

Wing span (feet):47.3

Length (feet):42.6

Max Takeoff Weight (lbs.):10,700

CABIN DIMENSION

Height (feet):4.8

Width (feet):4.8

Length (feet):11.2

Cabin Zones:1

Cabin Diagrams

FLOOR PLAN

CABIN CROSS SECTION

Current Market

Ask Price Min:$3,850,000

Ask Price Max:$6,199,000

Model Year Min:2013

Model Year Max:2023

Total Time Min (hours):18

Total Time Max (hours):4,810

% of Fleet for Sale:7%

# For Sale:25

Technical Information

Engine Manufacturer : Williams

Engine Model : FJ44-1AP

Hourly Rate /engine : $125

Overhaul Interval (hours) : 4,000

Overhaul Cost : $700,000

Mid Life Interval : 2,000

Mid Life Cost : $350,000

Typical Avionics Suite : Garmin G3000

Financial

Based on 300 hours a year

FINANCIAL: ANNUAL FIXED COSTS

Crew:$249,173

Hangar:$22,212

Hull Insurance:$7,537

Liability Insurance:$25,000

Miscellaneous:$6,963

Annual Amount:$310,885

FINANCIAL: VARIABLE HOURLY COSTS

Fuel Consumption (gallons per hour):125

Fuel Cost (at $5.00 per gallon):$625

Maintenance:$250

Engine Reserves:$280

Miscellaneous:$133

Total Cost / Per Hour:$1,288

FINANCIAL: ANNUAL SUMMARY

Based on 300 hours a year

Typical Purchase Price:$5,024,500

Market Depreciation (%):7%

Market Depreciation ($):$351,715

Total Fixed Costs:$310,885

Total Variable Costs:$386,400

Total Cost of Operation:$1,049,000

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