Aircraft Snapshot
- Airframe ClassSuper Midsize Jet
- Passenger Capacity9 to 12
- Max Range3,200 NM
- Normal Cruise Speed460 KTAS
- Useful Load11,500 lbs
Acquisition & Financing
- Est. Acquisition Cost (Used)$11.0M - $16.0M
- Financing Profile / LiquidityHigh
Operating Costs
- EngineP&W PW306D
- Engine TBO6000 hrs
- Fuel TypeJet-A
- Fuel Efficiency240 GPH
- Direct Operating Cost$3,200 / hr
Financed Cost of Ownership
$100,176/mo
Estimated all-in monthly cost of ownership
- Financing Payment$86,843/mo
- Operating Cost (Est.)$13,333/mo
6.69% rate (Turboprop & Jet), 15% down, 20-year term, 50 hrs/yr assumption.
Avionics
Garmin G5000
Ownership Analysis
The Sovereign+ represents a significant capability jump over the original Sovereign: Garmin G5000 avionics, more powerful Pratt & Whitney Canada PW306D1 engines, standard winglets, and extended range all came with the 2013-14 update. For owners, that means a meaningfully younger avionics architecture and better payload-range performance than the base Sovereign, generally at a price premium that reflects the upgrade.
Because the Sovereign+ remains closer to current production standards, maintenance planning benefits from better diagnostic tools and a more modern parts supply chain than older Citation variants. The type has also built a strong track record in both owner-flown and professionally-piloted operations, which supports confidence in its dispatch reliability.
From a financing perspective, the Sovereign+’s younger airframe age and upgraded systems tend to support a more favorable loan-to-value picture than the original Sovereign, since the aircraft has more useful service life and a shallower remaining depreciation curve ahead of it.
Curious what financing a Cessna Citation Sovereign+ could look like for you?
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