* Payment stated above assumes a secured consumer loan transaction available to highly qualified applicants and assumes terms of 240 months, 15% down payment and 3.99% APR. Operational costs also include the costs to produce and sell your products and services, commonly known as cost of goods sold. RANGE: Cabin height is 4.8 ft., cabin width is 4.9 ft. And length is 17.7 ft. for a total cabin volume of 292 cubic feet. The best example of a variable cost in this case is fuel use. A total of 315 aircraft had been manufactured, and 309 are currently in operation. Change Jet Type: Annual Budget The total annual budget for flying a Citation V private jet 200 hours per year is approximately $716,141 or $1,122,387 for flying 400 hours per year. The cost of ownership for the Citation II carries an annual budget of $720k, including $315k in fixed costs and $405k in operating/variable costs. The Cessna Citation CJ4 is $1,970.13 per hour. , wages, rent, and utility costs. However, in Year 6, this calculation would give an annual . Citation Excel or XLS, and are transitioning to the XLS+. Like the initial course you will receive systems training and simulator training but with reduced hours reflecting your experience in the airplane. direct operating costs are independent of the aircraft type. For example, if a company hires 20 employees at $13 per hour and offers health insurance, the company can add the total cost of each employee's hourly wages and the monthly cost . Vue, Inc. is the owner of a STC (exemption 9917), which allows FAA approved Single Pilot (SP) operation of a Citation 500 series aircraft with any wing, and any . 7 ($148,000 $16,000) ¼ $37,714. Keeping private jet travel simple… and less expensive: ›› No membership fees required ›› Best Price Guarantee ›› Award winning service and reliability ›› No surprise costs, nothing hidden Simple - one charter at a time; your choice of aircraft and quote for each trip, utilizing the top US-registered FAA-certified aircraft and crews and the industry's only Best Price . CJ2 & Citation Excel Analysis Chris Doerr Aircraft Cost Calculator, LLC 1341 W. Mequon Road Phone: 262-649-2919 Mobile: 414-305-2158 Powered by ACC: www.aircraftcostcalculator.com This breaks down to $2,289.17 per hour. Aircraft Operating Costs and Profitability 2. INITIAL INITIAL RECURRENT PRIOR EXPERIENCE PRO LINE 21/ COURSE CURRICULUM EXCEL/XLS XLS+ ALL MODELS ALL MODELS FMS 3000 INDOC COURSE MODULE 13 DAYS 17 DAYS 3-4 DAYS 4 DAYS 1 DAY . The Citation M2 has a max NBAA range of 1,062 nm with 4 passengers and 2 crew. Variable costs, on the other hand, are directly proportional to the number of hours the aircraft flies per year. Source: IBA, manufacturers. The Phenom 100 shows the lower cost per nautical mile at $2.20 compared to the Citation M2 ($2.47). Get the accurate data you need to compare fixed and variable FulLife™ aircraft operating costs, aircraft performance, and detailed specifications for more than 500 jets, turboprops, helicopters and piston aircraft. SG&A SG&A includes all non-production expenses incurred by a company in any given period. Citation CJ3 Operating Economics. 2000 - 2006 CESSNA 560 CITATION ENCORE - Specifications, Performance, Operating cost, Valuation, Brokers - planephd.com Toggle navigation Operational costs, better known as operating costs, are the expenditures related to the core business processes of an organization.This includes overhead in areas such as human resources, information technology and administration. Assessing the pros and cons of each jet plane, our Jet Comparisons focus on key . Two aerodynamicists, one from Cessna and one from NASA, collaborated to redesign the Citation line's standard straight wing. Of course, this hourly variable cost is different to that of the estimated hourly charter price. This is because, per hour, charter flights cost more. RANGE: and the ''book value'' at the end of Year 1 ¼ $148,000 $16,00 0 $37,714 ¼ $94,286. In the fifty years following the 1969 first flight, more than 7,500 Citations have been delivered, forming the largest business jet fleet. Total Variable Cost. For businesses, operating expenses may typically include supplies, advertising expenses, administration fees. Some of the items included are unscheduled maintenance discrepancies, troubleshooting those discrepancies . Generating over four billion pounds of waste each year, the healthcare system in the United States is the second largest contributor of trash with one-third produced by operating rooms. 5 Years Actual Scheduled Maintenance Costs And Operating Costs AVEX has developed an extensive maintenance program that will project actual scheduled maintenance costs for the next 5 years for any of AVEX's exclusively listed aircraft. Initial rate of climb 2720ft/min. Grant funds may be used to pay the costs of the day-to-day operation of transitional and permanent housing in a single structure or individual housing units. Based on 450 annual owner-operated hours and $5.00-per-gallon fuel cost, the CESSNA 421C has total variable costs of $251,550.00, total fixed costs of $31,435.00, and an annual budget of $282,985.00. NOTE: This ownership cost analysis is an estimate. First, the disclaimer: "A paper aircraft can always beat a real aircraft when you compare them," says the head of one aircraft manufacturer. Operating Expenses and Capital Expenditures. Jet Market Research Updated MAY 2019 GLOSSARY OF TERMS. This distance is the balanced field length. The report is simple to follow with an annual itemized list and a clear projected hourly operating cost. Learn more about the eCFR, its status, and the editorial process. It contains a full-width lavatory and refreshment center. Analyze real-world variable and fixed costs. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the CESSNA Citation V Ultra has total variable costs of $848,137.50, total fixed costs of $71,823.00, and an annual budget of $919,960.50. Total annual cost: $932,599.00 Retail Value According to VREF, the average retail value of a 2007 King Air 350 is $3.3 million. The CITATION LONGITUDE - a revolution in business aviation. You can expect maintenance on an Encore to cost around $600.38 per hour. Create engaging overlays, graphs . 276 of operating aircraft are independently owned, and 33 are in shared ownership. The result was a wing with a large leading-edge radius and a level upper surface, which better distributed air flow, cut drag, and increased the Ultra's cruise speed by .08 mach (46 knots). The estimated annual fixed cost for operating the Citation V is $309,895. A $675,7N/A loan over 10 years including $2815.42 per month in interest equates to a $33,882.11 per-month payment. Detailed information, specs, interior, fuel cost, features and pictures of the Cessna Citation XLS business jet. Up- front costs are how much you may be expected to pay for an aircraft as the price of purchasing, this decreases based on number . Providing the lowest cabin altitude and quietest interior in its class, more standard features, and a comfortable cabin with a superior fit and finish, the Citation Longitude will revolutionize your business . RANGE: Operating costs. Up Front: $1.25 Milion - $3 Million. 10 Affordable Private Jets. Citation V Ultra Operating Costs Sample annual operating cost summary. For XLS Plus, the cost per mile is $3.64 or $1,476 . Cessna knew it had to make changes in the Citation II where they would count the most: engines and avionics (see sidebars). Gulfstream IVSP Ownership & Operating Cost Analysis Prepared for: XYZ Corporation International Airport Estimated Purchase Prices*: GIVSP $13,500,000 Aircraft: Gulfstream GIVSP Location: Production ended in 2000 with a total of 119 deliveries. What is the range of a Citation M2? The Citation V 560 seats up to 9 passengers plus 2 pilot(s). When compared to the average cost of other light business jets, it was second only to the CitationJet. This free tool, powered by AircraftBudgetAnalyzer, provides operating costs and specifications for the aircraft you're interested in. Our objective is to assess improvement in waste reduction and recycling after implementation of a Green Operating Room Committee (GORC) at our institution. My own opinion at the moment is that l dont fancy a 25 year old Citation II, more like a 1989 onwards but when you look at the cost of this which is around $2.5M USD's against a 10 year old Bravo at anywhere between $3.3 to $3.9M USD's l prefer the Bravo. Brief History. The operating cost for the Cessna 550 Citation II comes out to around $2,025 an hour, or approximately $10.45 per mile. Citation II Initial $14,700: 80 hours: Citation V Initial $17,400: 80 hours: Flight Safety International 11600 West Airport Service Road Swanton, OH 800-497-4023: Citation V Ultra $20,100: 80 hours: Citation 650 Initial $20,400: 78 hours: King Air 200 Pilot Initial: 37.5 hours: Flight Safety International Two Learjet Way Wichita, KS 316-943-3394 its predecessor, the Citation II. When for sale, the average number of days a Citation VII remains on the market is 492. The Citation is a family of business jets by Cessna that started in 1972 with the entry into service of the first model, with more than 35 million flight hours logged since. Blog posts that mention the Cessna Citation XLS: 10 Private Jets with Bedrooms For the Ultimate Travel Experience. The free interactive executive summary lets you change: Highly prized by the Business Aviation industry, Michael Chase's Jet Comparisons articles assess the benefits, price and values of the world's top jet models, including those built by Bombardier, Cessna, Dassault Falcon, Embraer, Gulfstream and Hawker. Operating costs will be a bit higher than the CitationJet's, at about $1,500 per hour, but for what the airplane can do, it can be a relatively good value indeed. 1989 - 1994 CESSNA Citation V 560 - Specifications, Performance, Operating cost, Valuation, Brokers - planephd.com Toggle navigation SIMCOM's Citation 500 upgrade course is designed for the experienced second in command to obtain a type rating in the airplane in fewer hours than an initial course. Range with max fuel, 710kg (1560lb) payload and reserves 2460km (1328nm). When all is said and done, the Citation XLS will cost about $34,000 more per year to operate than the King Air 350, and will cost you about $1.5 million more to buy. The Citation VII model is a continuation of the Citation III model and the latest in the 650 series of Citation jets. No super-midsize business jet gives you more range, greater payload or higher cruise speed at a lower total ownership cost. Our aircraft comparison tool gives you an easy way to compare and contrast different jet types to determine which one best fits your requirements. This course is conducted the day prior to the start of the standard XLS+ Recurrent or Prior Experience Course. The Aircraft Operating Cost & Performance Guide. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the LEARJET 31 has total variable costs of $961,087.50, total fixed costs of $69,039.00, and an annual budget of $1,030,126.50. Accounting for airframe and engine maintenance reserves, fuel costs using the U.S. national average of $4.25 per gallon (burning 198 gallons per hour) and miscellaneous expenses, the cost to operate a Citation Encore is approximately $1,785.50 per hour. Cessna's Citation Encore burns right around 184.50 gallons of fuel per hour. Indirect: $327,142 per year. This breaks down to $628.86 per hour. V 1 = Max speed enabling a Stop or Min speed to Takeoff to 35' in remaining Rwy. Citation Ultra Cost. A deluxe refreshment center is a standard amenity and a belted lavatory seat is also available. Direct: $1074 per hour. Operating costs also include the cost of benefits that a company pays to employees, such as health insurance, life insurance, paid time off or other benefits packages. Although it debuted with an MSRP of around $7 million, there are several used & pre-owned Citation Ultras that are available for between $1.2 million and $1.8 million. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the CESSNA Citation V has total variable costs of $838,687.50, total fixed costs of $62,668.00, and an annual budget of $901,355.50. D 1 ¼ 2. Citation - Empty 2455kg (5408lb), max takeoff 4920kg (10,850lb). The Citation XL, which first flew in 1996, merged a combination of features from the Citation X and the Citation V with new Pratt & Whitney engines. Aircraft Performance Details - FindAircraft.com is the #1 aircraft for sale search engine and trusted online resource for the Aircraft Dealer Network since 1998 with over 18,000 daily listings. 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. This breaks down to $1,427.75 per hour. Embraer's Phenom 300 costs $1,757.53 per hour. The Citation I/SP features a tight-spaced cabin that seats six passengers. Production of the Citation X ended in 2012 with the development of the Citation X+. 100 hours of usage in one of our Citation's including plane, pilots, fuel and related costs runs less than $260,000 per year depending on your individual flying or $2,400 - $2,600 per flight hour. ( a) Use. Answer (1 of 2): Direct Operating Costs Fuel $1,672.29 Fuel Cost Per Gallon $5.62 Burn Rate (Gallons Per Hour) 297.56 Maintenance $294.75 Labor Cost Per Hour $204.75 Parts Per Hour Cost $90.00 Engine Overhaul $153.33 Thrust Reverse Overhaul $12.00 Miscellaneous Flight Expenses $8.
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