The Cessna Citation Longitude, a super-midsize business jet produced by Cessna and Textron Aviation, is noted for its transatlantic range and comfortable cabin. The aircraft's initial cost is approximately $29.995 million for a new model, while pre-owned versions are available around $24 million. Cessna claims it offers the lowest direct operating costs among super-midsize jets, with potential savings of 18.7% over five years and an hourly operating cost of $2,874.
Operating expenses are divided into fixed costs—such as crew salary, training, hangar space, insurance, and management fees—and variable costs including fuel, maintenance, engine overhaul, landing fees, handling fees, and other miscellaneous items. Fixed costs remain constant annually but can be spread over more flight hours to reduce per-hour expenses.
According to Aircraft Cost Calculator data for 450 annual flight hours at a fuel price of $6 per gallon, the variable costs total $1,883,538 and fixed costs are $887,077. This results in an annual budget requirement of $2,770,615 or about $6,157 per hour. Guardian Jet estimates that flying 300 hours yearly would incur fixed costs of $486,366 and variable hourly costs of $4,342.48 for a total operational expense of $1,789,110.