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 |