citation X flying costs | FerrariChat

citation X flying costs

Discussion in 'Aviation Chat' started by scycle2020, Sep 27, 2015.

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  1. scycle2020

    scycle2020 F1 Rookie

    Jan 26, 2004
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    The citation X would be a perfect jet for my family use given it's superfast speed and non stop continental US range. I think I could get a 10 year old version for5-6 million. We probably use it 200 hours a year. I know a Netjets type arrangement would be less expensive but what do think annual cost to fly this would be. This would be 2 pilots, fuel , maintenance and hanger costs. Any estimates would be appreciated.
     
  2. Juan-Manuel Fantango

    Juan-Manuel Fantango F1 World Champ
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  3. joker57676

    joker57676 Two Time F1 World Champ

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  4. GuyIncognito

    GuyIncognito Nine Time F1 World Champ
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    so if I'm reading that right, for the OP's use it would be a $1.5mm/yr expense plus acquisition cost?
     
  5. Cigarzman

    Cigarzman F1 Veteran
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    It's higher than the balls on a giraffe !
     
  6. solofast

    solofast Formula 3

    Oct 8, 2007
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    One thing good about the Ten is that the engines are really designed for airline duty. That is, they have a long life and I doubt that you'd ever fly them enough to need to overhaul them.

    They were designed to be used for 18 hours a day 7 days a week for years without major maintenance. What was interesting is that the airlines paid about the same rate for power by the hour as the guys flying helicopter engines (this was when I was at RR). The reason for that is that the 3007 cost about 10 times as much as a helo engine, but it lasted about 10 times longer.

    I'm sure RR pops the "rich" Citation X users a lot more for power by the hour than an airline, but that's just the ability to do so than reality.
     
  7. donv

    donv Two Time F1 World Champ
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    That seems in the ballpark.

    Just curious, is that significantly more or less than you would have guessed?

     
  8. joker57676

    joker57676 Two Time F1 World Champ

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    I think it's pretty accurate, except I think that PDF used 2010 fuel prices. They're higher now.



    Mark
     
  9. GuyIncognito

    GuyIncognito Nine Time F1 World Champ
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    fixed costs seemed higher than I would have expected, but I still would have guessed over $1mm/yr
     
  10. donv

    donv Two Time F1 World Champ
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    No, everything else is higher but fuel is lower.

     
  11. joker57676

    joker57676 Two Time F1 World Champ

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    #11 joker57676, Sep 28, 2015
    Last edited by a moderator: Sep 7, 2017
    Interesting. I thought we were still up on 2010 prices, so I googled and found this. Not accurate?

    (Genuinely asking, not being a smart ass).


    Mark
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  12. Jason Crandall

    Jason Crandall F1 Veteran

    Mar 25, 2004
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    @200+ hours a year NetJets would be a lot more expensive.

    Are you coast to coast every week? That's what a Citation X is for. What's your most common mission?
     
  13. donv

    donv Two Time F1 World Champ
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    I don't know if that chart is accurate or not, but the pdf assumed $5.41/gallon, and I can tell you that's higher than typical these days.

    At my home airport, for instance, the list price of jet-a out the door is around $3.10-3.15/gallon, depending on which FBO you go to. That's before any discount programs.

     
  14. Jeff Kennedy

    Jeff Kennedy F1 Veteran
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    Oct 16, 2007
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    Citation X has a lot of speed but uses high power setting to get it. Look at the numbers for LRC and see the fuel flow drop a lot.

    There are a quantity of aircraft that will do coast-to-coast at lower fuel burns.

    Talk to JSSI for their tip-to-tail coverage pricing to get a good number on what someone will sell you maintenance coverage for.

    As a friend once described it the initial cost can be financed but the operating cost are real money.
     
  15. joker57676

    joker57676 Two Time F1 World Champ

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    Gotcha, thanks. I didn't notice the fuel price used in the pdf was that high. My error.



    Mark
     
  16. Maciej

    Maciej Karting

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    On the east coast I'm seeing mid to high $4/gal Jet-A pricing.
     
  17. donv

    donv Two Time F1 World Champ
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    That seems reasonable, depending on your mix of destinations. You can typically reduce that a bit by using various fuel programs.

    On another note, what's the deal with the OP? I always wonder why people post something like this and then never come back and post anything again... were the numbers listed in line with what he/she was thinking, completely crazy, or what?

     
  18. Maciej

    Maciej Karting

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    People don't realize owning an aircraft is a lot like owning a race car, the cheapest part of doing it is the actual initial purchase.
     
  19. kylec

    kylec F1 Rookie
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    Look at the link I posted. This is not the first thread from him like this.
     
  20. technom3

    technom3 F1 World Champ
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    Thats my experience. Most think at 3k an hour that its about doable to do the private jet thing. People forget they either have to do something with the plane or something with the pilots once they get to there destination. So, no matter what you are paying for commerical flights to your destination. You are just making your pilots fly commercial. GOD FORBID if there flight is canceled... or delayed and miss a connecting flight. You have to pay for all the meals, any changes, hotel stay (they wont stay in a motel 6) rental car (they are not going to walk) and on and on. Then you have to pay them to come back and get you which almost always involves them flying in the night before. Which again involves hotel and rental car.

    The ownership of the airplane is no small task either. It really pays to have someone manage it.



    That plane will cost in excess of 600k just to sit in a hangar for a year (thats not just hangar cost)

    Plus you have to send a pilot to school every other year for the price of a ivy league schools 1 year tuition. Then I believe that plane has a inspection every other year for 80k plus whatever they say is wrong.

    A two pilot private jet is no small expense. There is no way to justify the expense other than... I do it because I can afford it.

    200hrs is quite a bit of flying time.

    It seems once you tell someone it costs 16k to go from Arizona to somewhere in the south... there face turns pale. That bird is fast and its not because it flaps its wings. It burns and burns and burns fuel.
     
  21. Juan-Manuel Fantango

    Juan-Manuel Fantango F1 World Champ
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    Hey, why even worry about fuel cost at this level. What is the most important commodity? In this instance it may be time, the one thing we cannot ever buy back.
     
  22. Jason Crandall

    Jason Crandall F1 Veteran

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    Most any private plane is much much faster than commercial. Doesn't have to be a Citation X.
     
  23. Juan-Manuel Fantango

    Juan-Manuel Fantango F1 World Champ
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  24. lear60man

    lear60man Formula 3

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    I always tell prospective buyers to half their budget, the other half will take care of expenses for a while. Nobody ever takes into consideration all the "Oh by the ways". Brokers, Management companies etc are all about the sale. If every perspective owner was given the actual costs up front......there would be some stalled sales.
     

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