Yesterday I audited a 2013 CJ3 for purchase.
Yesterday I audited a 2013 CJ3 for purchase.
Recently I travelled to the United Kingdom to audit for purchase, a charter configured BAe146-200. Unfortunately the aircraft did not pass muster for my client, so the last day there became a ‘free’ day which was used to visit Warwick Castle.
Next week I will be in the land of the ‘legendary Count Dracula’, auditing another BAe146 for purchase. More images shall follow later.
Last week many of us were in Las Vegas attending the Business Aviation Convention, and Exposition. I flew out the Thursday before with my lovely lady wife, so that we could enjoy what Las Vegas, and the surrounding area could offer us, all prior to my Delegate duties at the show.
We packed in an incredible amount of fun, in a short space of time, including seeing Celine Dion, a 600 mile R/T drive up the Extraterrestrial Highway (Area 51), Tonopah, as well as a drive down to below Sea Level in Death Valley. We also took a 1.5 hour chock-to-chock flight in an EC135 owned, and operated by Maverick Helicopters. This flight included a flight into – through, and landing for lunch, all in the Grand Canyon. Our suite at the Bellagio had three bathrooms!! And when Kim flew home on Monday, she was happy to have seen her cousin perform as a headliner in the ‘Solid Gold Soul’ show at Bally’s. With my wife flying Eastbound, Monday afternoon it was back to business for me.
After three solid days of great meetings, lunches, and dinners, I was glad to be flying Eastbound myself on Thursday.
Many people ask me if attending BACE is worth the investment in both time, and money? Well if I tried to see everyone that I did, all separately on individual trips, the money spent at BACE would have to be multiplied by at least 20 times. Therefore it is not only worth it – it would be too costly to not attend.
New to Market: Hawker 800SP s/n 259244. For full specifications check out: http://www.jetbrokers.com/Hawker800SP-258244.html
My first day at JetBrokers was August 2nd, 1999.
Please forgive the old image of Me, Tom Crowell, Jr., and John Merry taken on the exhibits floor at an NBAA BACE several years ago. I like the picture so I wanted to share it with you. Boy, do we look young, and clean-cut here!
The breaking news that I want to share with you now, is that we have a JetBrokers News Blog, and this is my first posting!
From time-to-time all of ‘we’ JetBrokers will be posting pictures, videos, short blurbs, and other items that we hope you will find interesting. I am very excited to have this direct connection with visitors to our website.
So, as the old adage states: “Watch this space.”
Originally published in AvBuyer, July 2017. If you prefer to read this article in a PDF version, click here to download: Points of Value Specific to Cessna’s Larger Cabin Business Jets.
Senior Certified Aircraft Appraiser Jeremy Cox continues his series spotlighting aircraft makes and models and their value points in today’s market. This month, the focus is on Cessna’s larger business jet models…
While the Business Aviation community awaits the certification and first deliveries of Cessna’s future $35m flagship model, the Citation Hemisphere, sometime after 2020, how does the owner of a stand-up cabin Citation already on the market evaluate its worth?
The imminent flagship of Cessna’s Citation fleet is the $23.995m Citation Longitude (expected to begin delivering late 2017/early 2018), which provides performance and cabin enhancements over the ‘game-changing’ Citation Latitude. Curiously its design roots may be more attributable to the Hawker 4000 program that Textron Aviation bought from Beechcraft Corporation.
The Citation Longitude is positioned as a stepping stone for Citation customers looking to step up into the forthcoming Citation Hemisphere, and who typically have a requirement for additional range over what the Longitude offers.
A brief comparison between the Longitude and the $16.35m Citation Latitude shows a longer cabin in the Longitude, while its cross-section is the same as that of the Latitude. That extra length is put to good use, as the Longitude will accommodate 12 passengers (over the nine of the Latitude). It will also fly
about 800nm further and 30 knots faster.
Topping the longer-established in-production models of the larger Citation product range are the Citation Sovereign and
the Citation X.
There are three versions of the Citation Sovereign, including:
Meanwhile, there are two versions of the Citation X, including:
Finally, we have the $12.75m Citation XLS+, which differs from the straight Citation XLS by having FADEC controlled PW545C engines with 4,119 lbs of thrust each (128 lbs more than the PW545B models on the Citation XLS, which didn’t have FADEC.) The Citation XLS+ features a fully integrated Proline 21 Avionics Suite, with 4-Tube
EFIS, whereas the original XLS model has a 3-Tube Primus 1000, and UNS-1Esp FMS as standard, without the full integration provided by the Proline System.
The Citation Excel, from which the XLS+ and XLS derive, was powered by PW545A engines. All three models share the same fuselage as the Cessna Citation X.
The Citation III was a radical ‘clean-sheet’ project for Cessna. As the aircraft neared its FAA acceptance in 1982, Cessna was advertising it both as the “…most fuel-efficient…and….the most advanced – business jet in the world”. The most notable difference of the 650 series versus the 500 series Citations is the supercritical 25-degree – swept wing in-place of Cessna’s signature ‘straight wing’ design. It was also the first Citation with a T-Tail configuration. The differences between the trio of CE650 models follows:
All of the current and post production Citations discussed within this article, are projected by the Aircraft Bluebook to accumulate an average of 380 flight hours per year. The highest annual projection belongs to the Citation X (410 flight hours per year). The lowest is assigned to the Citation Excel (350 flight hours per year).
Here follows a list of Appraised Value Add-Ons for each Citation model discussed in this article. Note, these are my numbers, not the numbers from the value guides. They are also not valued ‘dollar for dollar’ from the options guides for each aircraft, except for the Latitude, which is too new to have much variance on options value.
Jeremy Cox is experienced in presenting his expertise at aviation meetings, seminars and conferences. If you have an upcoming event and would like to discuss having Jeremy present, you can contact him via firstname.lastname@example.org