The Cessna Citation XLS+ is a remarkable aircraft that combines luxury, performance, and efficiency. Understanding the price and operating costs associated with this jet is crucial for prospective buyers and operators. In this detailed article, we will delve into the various aspects of owning and operating a Citation XLS+, providing you with comprehensive insights to aid your decision-making process.
Overview of the Cessna Citation XLS+
The Citation XLS+ is a mid-size business jet manufactured by Cessna, a subsidiary of Textron Aviation. It is an evolution of the popular Citation Excel, featuring several upgrades in terms of performance, comfort, and technology. With a maximum range of approximately 2,100 nautical miles and a cruising speed of 400 knots, the XLS+ is ideal for both short and medium-haul flights. The aircraft can comfortably seat up to nine passengers, making it a popular choice for corporate travel.
Key Features
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Cabin Size: The cabin of the Citation XLS+ measures 6 feet tall and 5 feet 5 inches wide, offering ample space for passengers to move comfortably.
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Avionics: Equipped with the Pro Line 21 avionics suite, the XLS+ provides advanced navigation and communication capabilities, enhancing safety and operational efficiency.
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Performance: Powered by Williams FJ44-3A engines, the XLS+ boasts impressive takeoff performance, allowing for operations from shorter runways.
Acquisition Cost of the Cessna Citation XLS+
The acquisition cost of a Cessna Citation XLS+ varies significantly based on several factors, including the aircraft’s age, condition, and customization options. On average, the purchase price for a new XLS+ ranges between $13 million to $15 million. However, pre-owned models can be found at lower prices, typically ranging from $7 million to $10 million depending on their specifications and maintenance history.
Factors Influencing Purchase Price
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Age of the Aircraft: Newer models tend to command higher prices, while older jets may offer better value but could require more maintenance.
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Customizations: Buyers can tailor the interior and avionics, which can significantly impact the overall price.
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Market Demand: The general demand for business jets can fluctuate, influencing prices in the marketplace.
Operating Costs of the Cessna Citation XLS+
Operating costs are a critical consideration for anyone looking to own or operate a Cessna Citation XLS+. These costs can be broken down into several categories:
1. Fuel Costs
The fuel consumption of the Citation XLS+ is approximately 180 gallons per hour. With an average fuel price of $5 per gallon, operators can expect to incur fuel costs of around $900 per flight hour. Given the aircraft’s range, longer trips will naturally result in higher overall fuel expenses.
2. Maintenance Costs
Maintenance is another significant aspect of operating costs. Regular maintenance is essential for safety and performance, and the Citation XLS+ requires scheduled inspections and part replacements. On average, operators should budget approximately $300,000 to $500,000 annually for maintenance, which includes:
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Routine inspections
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Engine maintenance
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Component overhauls
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Unscheduled repairs
3. Insurance Costs
Insurance premiums for the Citation XLS+ can vary widely based on the operator’s experience, usage, and coverage requirements. Typically, annual insurance costs can range from $20,000 to $30,000. Factors influencing insurance rates include:
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Pilot qualifications
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Aircraft value
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Usage patterns
4. Crew Costs
Hiring qualified pilots and crew is essential for safe operation. Depending on the crew’s experience and location, salaries can vary. For a Citation XLS+, operators should budget around $150,000 to $250,000 annually for pilot salaries, depending on the number of crew members and their qualifications.
5. Hangar Fees
Hangar fees can also add to the operating costs. The cost of renting hangar space can vary significantly based on location. On average, operators might spend $1,000 to $3,000 per month, translating to $12,000 to $36,000 annually.
6. Miscellaneous Costs
Other expenses to consider include:
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Landing fees: These fees vary by airport and can add up quickly.
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Navigation fees: Charges for using air traffic control services.
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De-icing services: Necessary in colder climates during winter months.
Overall, operators should anticipate total annual operating costs for the Citation XLS+ to be in the range of $1.5 million to $2.5 million, depending on usage and specific operational choices.
Cost Comparison with Other Aircraft
When evaluating the operating costs of the Citation XLS+, it’s essential to compare it with similar aircraft in its class. Below is a brief comparison with two popular alternatives: the Bombardier Learjet 75 and the Embraer Phenom 300.
Cessna Citation XLS+ vs. Bombardier Learjet 75
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Acquisition Cost: Learjet 75 ranges from $12 million to $14 million.
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Fuel Burn: Learjet 75 consumes approximately 180 gallons per hour, similar to XLS+.
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Operating Costs: Total annual operating costs for Learjet 75 are comparable, averaging around $1.5 million to $2.3 million.
Cessna Citation XLS+ vs. Embraer Phenom 300
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Acquisition Cost: Phenom 300 costs around $9 million to $11 million for new models.
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Fuel Burn: Phenom 300 has a slightly lower fuel burn at 160 gallons per hour.
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Operating Costs: Total annual operating costs for Phenom 300 can be lower, ranging from $1.2 million to $2 million.
Conclusion
In conclusion, the Cessna Citation XLS+ is a versatile and efficient business jet that offers a blend of luxury and performance. While the initial acquisition cost can be significant, understanding the operating costs is equally essential for potential owners. With annual operating costs ranging between $1.5 million to $2.5 million, along with the initial purchase price, investors must weigh their options carefully.
Ultimately, the Citation XLS+ remains a strong contender in the mid-size jet market, delivering exceptional value for those seeking to combine comfort with operational efficiency. Its advanced features and reliable performance make it a smart investment for business aviation enthusiasts. Whether for corporate travel or personal use, the XLS+ stands out as a premier choice in its class.
