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


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Citation XL Operating Costs

Sample annual operating cost summary.
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Citation XL Exterior

Annual Budget

The total annual budget for flying a Citation XL private jet 200 hours per year is approximately $822,980 or $1,261,800 for flying 400 hours per year. The maximum speed of the Citation XL is 496 mph, but with slower climb, cruise and descending speeds it is more likely to average 397 mph which would equate to an average cost per mile of approximately $10.37 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 $7.95.

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 Excel 560XL? Prices range between $1,695,000 and $2,500,000 with 31 currently advertised for sale.

View Cessna Citation Excel 560XL private jets for sale

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$220,000$440,000
Engine Overhaul$86,537$173,074
Misc Crew/Landing/Handling$40,000$80,000
Miscellaneous Variable$5,000$10,000
Total Direct Operating Costs (DOC)$438,820$877,640
Fixed Costs  
Crew Training$27,797$27,797
Jet Management$48,000$48,000
Miscellaneous Fixed$14,023$14,023
Total Fixed Costs$384,160$384,160
Total Annual Budget$822,980$1,261,800
Citation XL Interior

How much can you save?

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