Cost analysis: Cessna Citation Latitude vs competitors

The Latitude features a flat floor cabin with six feet of height and provides advanced avionics with Garmin G5000 systems. It offers low cabin altitude and ample baggage space.

Powered by two Honeywell HTF7700L Turbofan engines delivering thrust of 7,665 lb (34.10 kN), the aircraft benefits from fuel efficiency and reduced maintenance time due to the HTF7000 series' reliability.

Operating costs cover various expenses such as maintenance and crew training. Variable expenses account for about three-quarters of total expenditures; these include fuel costs tied directly to flight hours.

Fixed expenses remain consistent regardless of flight hours and include depreciation and insurance premiums. According to Bwifly, insurance includes liability coverage that varies based on aircraft type.

Miscellaneous overheads involve recurrent training for pilots and crew along with navigation chart services essential for safe operation.

Compared to competitors like Bombardier Challenger 350 or Dassault Falcon 2000LXS, the Latitude is more cost-effective in terms of annual budget while maintaining high performance standards.

Hiring professional management companies can optimize maintenance schedules further reducing operational costs through better negotiation on fuel rates or hangar fees.