this is priced to sell and ready to go!!! Check with your insurance provider to see what types of requirements they may have. Engine Reserve Per Hour. The CESSNA Citation M2 has a 3,168' balanced field length and 2,590' landing distance. Do you tend to travel out and back the same day, or spend extended periods of time away from home? Total Fixed Costs are expenses which are required no matter how many hours you fly. $ 4.00. Performance. High density airports such as Teterboro or White Plains will have higher fees than other locations. The price of a jet depends on the production year. A good management company will have most major jet fuel cards who negotiate discounts with the fuel providers (FBO's) and will check pricing prior to landing to better manage these costs. Most engine types have programs much like an insurance plan, you pay into a pool each hour you fly and when engine is ready for an overhaul, it is paid out of that pool. Compare price and specifications of all Cessna Citation I / ISP / 500 models in our listings. These costs typically include crew, hangar, insurance, training and other miscelaneous expenses. Operating Costs . You can see current prices for the last 5 production years in the AircraftBluebook tab below. . Find N550LT 1974 CESSNA CITATION 500 on Aircraft.com. The CESSNA Citation Sovereign + , manufactured from 2014-2019, requires a 2 person crew and can transport up to 9 passengers. This breaks down to $3,673.59 per hour. Most owners purchase the majority of their fuel at their home base airport which is why the selection of a hangar an important component in managing costs. Oil Cost Per Hour. If you plan to place your aircraft on a charter certificate, they may have minimum number of hours in total and in type. Operating Costs . The aircraft has a maximum operating altitude of 51,000', a normal cruise speed of 524 KTS/603 MPH, and a 2,817 NM/3,274 SM seats-full range. 1977 CESSNA Citation I 501 - Specifications, Performance, Operating cost, Valuation, Brokers - planephd.com Toggle navigation Average hourly rate including fixed and variable costs based on the number of annual flight hours. Cessna Citation 500 Operating Cessna Citation 500 Operating Costs. Most management companies will have fleet policies with discounted rates. Compare the fixed costs, variable cost, and performance of Cessna Citation 500 to over 500 jets, turboprops, helicopters and piston aircraft, with accurate data from Conklin & de Decker. This is an Eagle Modified Wing with 800 pounds additional Fuel + High Gross Weight, Freon A/C, RVSM, Aft Baggage. View all new & used Cessna Citation I / ISP / 500 aircraft for sale at ASO.com. CESSNA Citation 500 - Specifications, Performance, Operating cost, Valuation, Brokers - planephd.com Toggle navigation you won’t find a better buy on a citation!! Horsepower: 2200.00 CESSNA CITATION Citation I 500 Performance & Operating Costs Search for CESSNA CITATION Citation I 500/501 (unit-0470 thru -0677 and on) 's currently for sale. A Dassault Falcon 8X costs $3,803.75 per hour while a Learjet 75 is $2,172.31, and a Bombardier Challenger 850 is $3,544.71. Performance. A Cessna Citation X+ is $4,098.69, while the new Cessna Latitude is $2,935.67. It was powered by a pair of Pratt & Whitney JT15D turbofans mounted on each side of the aft fuselage. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the CESSNA Citation 500 has total variable costs of $930,037.50, total fixed costs of $308,925.00, and an annual budget of $1,238,962.50. Production of the aircraft ceased in 1985. Unscheduled events are more difficult to manage and happen on the road such as a blown tire, bird or lightning strike. Compare the fixed costs, variable cost, and performance of Cessna Citation Latitude to over 500 jets, turboprops, helicopters and piston aircraft, with accurate data from Conklin & de Decker. Fuel prices will vary greatly while the aircraft is away from home base and will depend on how much competition there is at each airport. 1974 cessna citation 500. sc, us. As the chart displays, fixed costs are spread over more hours, the more you fly up to the point where additional crew will be required. The new jet was renamed the Citation. The Cessna Citation I is still a staple in the business jet market that services worldwide operations. Scheduled maintenance events, which are required and predetermined by the manufacturers specifications, can be predicted and costs controlled since they can be performed close to home base at prenegotiated rates. The success of these aircraft formed the world's largest family of corporate jets. A management company with similar jets on certificate has more flexibility in scheduling crew from one jet to another. The CESSNA Citation X, manufactured from 1996-2012, requires a 2 person crew and can transport up to 8 passengers. The CESSNA Citation X has a 5,343' balanced field length and 3,584' landing distance. The aircraft has a maximum operating altitude of 47,000', a normal cruise speed of 459 KTS/528 MPH, and a 2,700 NM/3,110 SM seats-full range. If you have a management company, they will often times pass their fleet discounts on to owners. This breaks down to $2,186.48 per hour. This allows the holder to act as pilot in command of all Citation 500 series aircraft (see all aircraft types covered by the CE-500 Type Rating below). Some questions to ask yourself before committing to a crew budget: There are two primary companies who provide crew training and both offer discounts for large fleet operators. Contact Michael Lewis at 941-545-7962 for additional details. Total Direct Operating Costs (DOC) $404,278: $808,557: Fixed Costs : Crew: $201,787: $201,787: Crew Training: $16,798: $16,798: Hangar: $28,038: $28,038: Insurance: $10,957: $10,957: Jet Management: $48,000: $48,000: Miscellaneous Fixed: $9,983: $9,983: Total Fixed Costs: $315,562: $315,562: Total Annual Budget: $719,840: $1,124,118 Performance . Hangar costs will vary greatly by region and airport. Compare the fixed costs, variable cost, and performance of Cessna Citation 500 to over 500 jets, turboprops, helicopters and piston aircraft, with accurate data from Conklin & de Decker. View photos, ownership, registration history, and more. The Cessna Citation 500 Small Jet was first manufactured in 1972 and can be configured to carry a maximum of 5 passengers, 1048 miles at a typical cruising speed of 373 mph.The Cessna Citation 500 was produced between 1972 and 1976. This will include fees for things such as charts, software and computers to manage your jet. New Paint & New Tail Number N787JF on this Citation 500. BOEING 737-500 Price and Operating Costs. Improvements were added to the original Citation 500 (extra wing span and higher maximum weight) enabling shorter landing fields and prompting Cessna to rename the 1,300nm-range, five-passenger 500 the Citation I. The Cessna Citation 500 was one of the first light corporate jet aircraft to be powered by turbofan engines. Cessna Citation 500. The CESSNA Citation M2, manufactured from 2013-2019, requires a 1 person crew and can transport up to 6 passengers. Aircraft Operating Costs Per Hour and Aircraft comparisons, Aircraft Performance Data and Other Aircraft Information Aircraft Performance -CITATION 500 quick links Main Menu Crew expenses will vary based on many factors such as the experience, certifications, location and amount of time they are expected to be away from home base. The aircraft has a maximum operating altitude of 41,000', a normal cruise speed of 404 KTS/465 MPH, and a 677 NM/780 SM seats-full range. What level of experience will you require for your pilot and copilot? 1974 CESSNA CITATION 500 For Sale in San Diego, California at Controller.com. Overnight expenses will be greater in New York City than in the other parts of the country and flights to Europe will incur large handling and landing fees. Operating Costs Per Hour. 1974 CESSNA CITATION 500 For Sale in Aguadilla, Puerto Rico at Controller.com. How long are your trips away from home base? Jet Charter. Fuel Cost Per Hour. We added 50% more crew at 800 flight hours and double the crew expense for 1,000 hours. Some aircraft types will have maintenace programs in place for more predictable costs. The Nextant 400XTi comes in at $1,623.06, and the SyberJet SJ30 at $1,607.77. This is then multiplies by the 200 hours of charter to give $272,994. Cessna Citation 500 Jets for Sale The Cessna Citation 500/Cessna Citation I light jet was the first offering in the Citation product line. Nice Plane! The Cessna Fanjet 500 prototype made its first flight in September 1969. The {Citation I/SP} was a single-pilot operations model. Delivered in early 1977, the Cessna 501 Citation I/SP was certificated for single pilot operations allowing for lower per-mile operating costs comparably to contemporary models. Aircraft Operating Cost Calculator. $ 755.89. The CE-500 Initial Type Rating adds a CE-500 Type Rating to a pilot’s existing certificate. If you are not hiring a management company, you may wish to add a crew member for times when you have turnover, training or other scheduling issues. In October 1968, Cessna announced plans to build a new eight-seat jet-powered business aircraft that would be capable of operating into airfields already served by light and medium twins. Average hourly rate including fixed and variable costs based on the number of annual flight hours. The above figures are provided by Aircraft Cost Calculator. Operating Costs. A larger stretched development of the 500 was the Citation II. Don't Miss This One!!! This breaks down to $2,753.25 per hour. Aircraft.com is the leading registry for planes, jets, and helicopters. Larger fleet operators will have a network of pre-approved maintenance facilities around the World, reducing the costs and improving safety. Average hourly rate including fixed and variable costs based on the number of annual flight hours. this is great buy on a citation with garmin upgrades and very nice paint and interior. $225,500. excellent entry level jet. Cessna Citation 500 Operating Costs Fixed Costs. The Citation 500 seats up to 6 passengers plus 2 pilot(s). Prop Reserve Per Hour. These costs are highly dependant on the routes you fly. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the EMBRAER Praetor 500 has total variable costs of $1,160,662.50, total fixed costs of $492,451.00, and an annual budget of $1,653,113.50. As the chart displays, fixed costs are spread over more hours, the more you fly up to the point where additional crew will be required. The Cessna Citation CJ4 is $1,970.13 per hour. Some high density locations offer shared hangar space which is offered on a first come-first served basis and is a good option for those who will be away from home base often. Operating Costs. You could use this as the basis for a Cessna 172 operating costs calculator or any other Cessna airplane. In 1968, Cessna announced the 400-mile-per-hour Fanjet 500 (later rebranded as the Citation). Total Fixed Costs are expenses which are required no matter how many hours you fly. The price of a Cessna Citation Latitude is between US$10.50 and US$18.19 million for 2016 – 2020 models, the last 5 years of production, according to AircraftBluebook.. Cessna built about 690 Citation 500s, Citation Is and I/SPs between 1971 and 1985 and 439 of … $ 385.54. The Cessna 500 Citation I is a small business jet announced by Cessna in October 1968 and is the basis of the Citation family.The Fanjet 500 prototype first flew on September 15, 1969 and it was certified as the Citation on September 9, 1971, upgraded in 1976 as the Citation I and a single pilot variant, production ended in 1985 after 689 deliveries. RANGE: Lower fees can also be obtained by relocating to less populated areas and ferrying the aircraft back and forth which will increase the number of flight hours and maintenance cycles. Much like an insurance plan, you pay into a pool each hour you fly and when maintenance is required, it is paid out of that pool. Jets: Specifications The BOEING 737-500, manufactured from 1990 - 1999, requires a 2 person crew and can transport up to 150 passengers. The Cessna 500 Citation and 500 Citation I were the pioneers of the entry-level light business jet market. These costs typically... Breakdown of Fixed Costs. The shorter the trips, the lower the turnover, training and salary you will have to pay. The military variant was designated the T-47. The variable costs of charter are made up of an hourly maintenance cost of $465.97 and hourly fuel cost of $899.00 to give a total hourly cost of $1,364.97. As the chart displays, fixed costs are spread over more hours, the more you fly up to the point where additional crew will be required. Cessna Citation Latitude were produced from 2016 to 2020. Jet Charter . The Citation I 501 seats up to 6 passengers plus 2 pilot(s). Cost of Improvements is more than the asking price of the plane!!!! The aircraft featured simple systems and docile handling geared to single-pilot operation. The aircraft has a maximum operating altitude of 37,000', a normal cruise speed of 453 KTS/521 MPH, and a 2,929 NM/3,371 SM seats-full range. ! CITATION 500. Insurance costs will vary by type and amount of coverage, size of fleet and other factors. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the CESSNA Citation 500/501SP Stallion (Sierra) has total variable costs of $728,100.00, total fixed costs of $255,814.00, and an annual budget of $983,914.00. Will you hire a management company or will you have your pilots manage the operation? 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