How much it costs to own and operate a Citation II private jet


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Citation II Operating Costs

Sample annual operating cost summary.
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Citation II Exterior

Annual Budget

The total annual budget for flying a Citation II private jet 200 hours per year is approximately $822,286 or $1,329,010 for flying 400 hours per year. The maximum speed of the Citation II is 432 mph, but with slower climb, cruise and descending speeds it is more likely to average 346 mph which would equate to an average cost per mile of approximately $11.90 at 200 hours per year. If you fly 400 hours per year, you can spread the total fixed costs over more flight hours which reduces your cost per mile to $9.61.

These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments.)

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Cost to Purchase

How much does it cost to buy a Cessna Citation II 550? Prices range between $485,000 and $1,200,000 with 37 currently advertised for sale.

View Cessna Citation II 550 private jets for sale

Sample Operating Budget

Costflying 200 hours/yearflying 400 hours/year
Direct Operating Costs (DOC)  
Fuel Cost @ $7.23/gal Updated to Nat'l Avg Each Week$261,726$523,452
Engine Overhaul$94,005$188,010
Misc Crew/Landing/Handling$40,000$80,000
Miscellaneous Variable$5,000$10,000
Total Direct Operating Costs (DOC)$506,724$1,013,449
Fixed Costs  
Crew Training$16,798$16,798
Jet Management$48,000$48,000
Miscellaneous Fixed$9,983$9,983
Total Fixed Costs$315,562$315,562
Total Annual Budget$822,286$1,329,010
Citation II Interior

How much can you save?

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