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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 694 nm with full seats and a 1,380 nm ferry range. 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: 388

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:$3,950,000

Ask Price Max:$6,899,000

Model Year Min:2014

Model Year Max:2024

Total Time Min (hours):13

Total Time Max (hours):3,200

% of Fleet for Sale:6%

# For Sale:25

Technical Information

Engine Manufacturer : Williams

Engine Model : FJ44-1AP

Hourly Rate /engine : $364

Overhaul Interval (hours) : 5,000

Overhaul Cost : $1,000,000

Mid Life Interval : 2,500

Mid Life Cost : $350,000

Typical Avionics Suite : Garmin G3000

Financial

Based on 300 hours a year

FINANCIAL: ANNUAL FIXED COSTS

Crew:$390,390

Hangar:$33,100

Hull Insurance:$8,137

Liability Insurance:$25,000

Miscellaneous:$6,300

Annual Amount:$462,927

FINANCIAL: VARIABLE HOURLY COSTS

Fuel Consumption (gallons per hour):134

Fuel Cost (at $5.00 per gallon):$670

Maintenance:$510

Engine Reserves:$298

Miscellaneous:$158

Total Cost / Per Hour:$1,636

FINANCIAL: ANNUAL SUMMARY

Based on 300 hours a year

Typical Purchase Price:$5,424,500

Market Depreciation (%):7%

Market Depreciation ($):$379,715

Total Fixed Costs:$462,927

Total Variable Costs:$490,800

Total Cost of Operation:$1,333,442

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