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Cessna/Textron Latitude

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The Cessna Citation Latitude is a midsize jet that is typically outiftted with one cabin zones and has a range of 2,700 nm. The aircraft has been in production since 2015 and there have been approximately 336 aircraft produced.

Cessna/Textron

Latitude

General Information

Start Model Year: 2015

End Model Year: In Production

fleet sizeFleet Size: 372

Engine Count: 2

passenger iconTypical Passengers: 9

Model Class: Jet - Midsize

 passenger iconUp to - Passengers: 9

Cessna/Textron Latitude range ring

Performance

Range:2,700

Max Cruising Speed:446

Ceiling (feet):45,000

Take off Distance (feet):3,580

Landing Distance (feet):2,085

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Dimensions

AIRCRAFT DIMENSION

Tail height (feet):21.0

Wing span (feet):72.4

Length (feet):62.3

Max Takeoff Weight (lbs.):30,800

CABIN DIMENSION

Height (feet):6.0

Width (feet):6.4

Length (feet):21.8

Cabin Zones:1

Cabin Diagrams

FLOOR PLAN

CABIN CROSS SECTION

Current Market

Ask Price Min:$15,000,000

Ask Price Max:$23,995,000

Model Year Min:2015

Model Year Max:2024

Total Time Min (hours):270

Total Time Max (hours):3,524

% of Fleet for Sale:2%

# For Sale:8

Technical Information

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

Financial

Based on 300 hours a year

FINANCIAL: ANNUAL FIXED COSTS

Crew:$408,000

Hangar:$75,800

Hull Insurance:$29,246

Liability Insurance:$35,000

Miscellaneous:$8,000

Annual Amount:$556,046

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: ANNUAL SUMMARY

Based on 300 hours a year

Typical Purchase Price:$19,497,500

Market Depreciation (%):9.38%

Market Depreciation ($):$1,828,865.50

Total Fixed Costs:$556,046

Total Variable Costs:$770,580

Total Cost of Operation:$3,155,491.50

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