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CESSNA Citation III

CESSNA Citation III Price and Operating Costs

Specifications

The CESSNA Citation III, production in 1983-1991, requires a two man crew and can be configured in 8 seats. Maximum operating altitude of 51,000′, a optimal cruise speed of 431 knots/496 MPH, and a 1,725 NM/1,987 SM seats-full range. The CESSNA Citation III has a 5,489′ runway length (or runway plus clearway and/or stopway) and 3,213′ actual landing distance required. Cabin specifications: 05’08” cabin high, 05’06” cabin wide, and 18’05” cabin long. Maximum luggage capacity of 61.00 ft^3; N/A ft^3 being internal and 61.00 ft^3 being external.

Pricing

Average price for used aircraft CESSNA Citation III is $673,000.00. A $442,225.00 loan over 10 years including $1842.60 per month in interest equates to a $22,174.80 per-month payment. Based on 450 hours a year and fuel cost at $4.25 per-gallon, the CESSNA Citation III has total variable costs of $1,255,725.00, total fixed costs of $394,546.00, and hypothetical summary cost of $1,650,271.00. How much does it cost to fly: $3,667.27 per hour.

Maximal total range:
1,725 NM / 1,987 SM
Cruise speed:
431 knots / 496 MPH
Average price:
$673,000.00
Number of passengers:
8 people

CESSNA Citation III

Flying 450 Hours per Year Flying 450 Hours per Year + 200 Charter Hours
Owner-operated hours 450 450
Charter-operated hours 200
Fuel Cost per-gallon $4.25 $4.25
Fixed operation and maintenance cost $394,546.00 $206,246.00
Variable operation and maintenance cost $1,255,725.00 $1,255,725.00
How much does a helicopter cost per year $1,650,271.00 $1,461,971.00
Cost per hour $3,667.27 $3,248.82

CESSNA Citation III

High–low pricing
Highest Price $795,000.00
Lowest Price $595,000.00
Average Price $673,000.00
Avg. w/o High & Low $629,000.00

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