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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
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2,700

Max Cruising Speed

446

Ceiling (feet)

45,000

Take off Distance (feet)

3,580

Landing Distance (feet)

2,085

Cabin Dimension

Height (feet)

6.00

Width (feet)

6.42

Length (feet)

21.75

Cabin Zones

1

Cabin Diagrams

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cross section and floor plan >

Aircraft Dimension

Tail height (feet)

21

Wing span (feet)

72.4

Length (feet)

62.3

Max Takeoff Weight (lbs.)

30,800

Current Market

Ask Price Min

$15,950,000

Ask Price Max

$23,995,000

Model Year Min

2015

Model Year Max

2024

Total Time Min (hours)

270

Total Time Max (hours)

2,385

% of Fleet for Sale

1.88%

# For Sale

7

Financial: Annual Fixed Costs

Crew

$408,000

Hangar

$75,800

Hull Insurance

Hull insurance is estimated at 0.15% of the purchase price of an aircraft.

$29,959

Liability Insurance

Liability Insurance Estimates:

$35,000

Miscellaneous

$8,000

Annual Amount

$556,759

Financial: Variable Hourly Costs

Fuel Consumption
(gallons per hour)

264

Fuel Cost
(at $5.00 per gallon)

1,320

Maintenance

$237

Engine Reserves

$762

Miscellaneous

$250

Total Cost / Per Hour

$2,568.60

Financial: One Year Summary at 300 Hours per Year

Purchase Price

Purchase price is the average of the current high and low asking prices.

$19,972,500

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 ($)

$1,873,420.50

Total Fixed Costs

$556,759

Total Variable Costs

Based on 300 hours per year.

$770,580

Total Cost of Operation

Total Cost of Operation is the sum of market depreciation, fixed costs, and variable costs.

$3,200,759.50

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What will it cost to buy, fly and sell these aircraft?

Technical Comparison

Engine Manufacturer

Pratt & Whitney Canada

Engine Model

PW306D1

Hourly Rate /engine

$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.