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

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Citation V Ultra Operating Costs

Sample annual operating cost summary.
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Citation V Ultra Exterior

Annual Budget

The total annual budget for flying a Citation V Ultra private jet 200 hours per year is approximately $693,229 or $1,066,928 for flying 400 hours per year. The maximum speed of the Citation V Ultra is 445 mph, but with slower climb, cruise and descending speeds it is more likely to average 356 mph which would equate to an average cost per mile of approximately $9.74 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 $7.49.

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

In the market to buy, sell or manage a jet you own? Please contact a Jet Advisors for a free consultation and estimate. Liberty Jet offers Jet Management, Private Jet Cards and Private Jet Charter services.

Cost to Purchase

How much does it cost to buy a Cessna Citation V Ultra 560? Prices range between $852,000 and $1,895,000 with 33 currently advertised for sale.

View Cessna Citation V Ultra 560 private jets for sale

Citation V Ultra Interior

How much can you save?

Get a FREE Consultation and Evaluation Own a Jet? Liberty Jet can save you thousands each year. Send us your contact details below and we will send you a free evaluation. See our Jet Management sample proposal to see how much you can save.

Sample Operating Budget

Costflying 200 hours/yearflying 400 hours/year
Direct Operating Costs (DOC)  
Fuel Cost @ $4.40/gal Updated to Nat'l Avg Each Week$171,600$343,200
Maintenance$77,253$154,506
Engine Overhaul$79,846$159,692
Misc Crew/Landing/Handling$40,000$80,000
Miscellaneous Variable$5,000$10,000
Total Direct Operating Costs (DOC)$373,699$747,397
Fixed Costs  
Crew$201,514$201,514
Crew Training$22,338$22,338
Hangar$28,869$28,869
Insurance$8,793$8,793
Jet Management$48,000$48,000
Miscellaneous Fixed$10,017$10,017
Total Fixed Costs$319,531$319,531
Total Annual Budget$693,229$1,066,928