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Cessna Citation III Operating Costs

Operating a Cessna Citation III for 200 flight hours annually entails a total budget of approximately $998,000. This includes $372,000 in fixed costs, which cover essential expenses such as crew salaries, insurance, and hangar fees, and $626,000 in operating or variable costs, driven by factors such as fuel, maintenance, and engine reserves. The hourly operating cost averages around $3,130, reflecting the Citation III’s efficient performance within the midsize jet category. From charter operations alone, an owner can expect to generate revenue of approximately $74,000 when chartering for 200 hours per year, which can offset some of the operating expense These figures provide prospective operators with a clear understanding of the financial commitment required to own and operate this aircraft, ensuring informed decision-making for both business and personal aviation needs.

Cessna Citation III Budget

$998000

Starting From*

*Average yearly budget for a Cessna Citation III based on current fuel price and 450 hours flew per year.

Cessna Citation III Costs

Discover the operating costs of a Cessna Citation III before finding the jet that suits your needs:
Cessna Citation III

450 Hours per Year

Total Fixed Costs*

$372000

Total Variable Costs**

$626000

Annual Budget

$998000

Charter Revenue***

$74000

Hourly Cost

$3130

*Crew, Crew Training, Hangar, Insurance, Jet Management, Miscellaneous Fixed

**Fuel cost, Maintenance, Engine Overhaul, Misc Crew/Landing/Handling, Miscellaneous Variable

***200 hours of charter per year

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