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

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Citation VI Operating Costs

Sample annual operating cost summary.
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Citation VI Exterior

Annual Budget

The total annual budget for flying a Citation VI private jet 200 hours per year is approximately $1,115,822 or $1,859,649 for flying 400 hours per year. The maximum speed of the Citation VI is 539 mph, but with slower climb, cruise and descending speeds it is more likely to average 431 mph which would equate to an average cost per mile of approximately $12.94 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 $10.78.

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

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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$399,096$798,192
Maintenance$174,596$349,192
Engine Overhaul$125,135$250,270
Misc Crew/Landing/Handling$40,000$80,000
Miscellaneous Variable$5,000$10,000
Total Direct Operating Costs (DOC)$743,827$1,487,654
Fixed Costs  
Crew$243,081$243,081
Crew Training$25,423$25,423
Hangar$33,658$33,658
Insurance$7,787$7,787
Jet Management$48,000$48,000
Miscellaneous Fixed$14,045$14,045
Total Fixed Costs$371,995$371,995
Total Annual Budget$1,115,822$1,859,649
Citation VI Interior

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