citation xls analysis - owner & charter hour … · citation xls analysis - owner & charter...

Citation XLS Analysis - Owner & Charter Hour Contributions

Prepared March 31, 2017

Aviation's Most Real World Operating Cost Application.

Chris DoerrAircraft Cost Calculator, LLC 1341 W. Mequon Road. Phone: 262-649-2919 Mobile: 414-305-2158

Powered by ACC: www.aircraftcostcalculator.comMarch 31, 2017 at 07:53 PM GMT

http://www.aircraftcostcalculator.com/

Annual & Hourly Cost Detail

Cessna Citation XLS

Min Crew / Max Passengers 2 / 8

Seats Full Range (NM / SM) 1500.53 / 1726.78

Normal Cruise Speed (KTS / MPH) 422.18 / 485.84

Average Pre-Owned Price 4,695,000.00

Cost Per NM 4.48

PAYMENT SCHEDULE

Interest Rate 4.00%

Payment Period Monthly

Term of Loan 180

Loan 2,000,000.00

Monthly Lease 0.00

Payment Per Period 14,793.76

Period Number 0.00

Principal Amount 8,100.09

Interest Amount 6,693.67

ANNUAL FIXED COSTS

Crew Expense 243,750.00

Crew Training 27,700.00

Hangar 33,000.00

Insurance 21,690.00

Aircraft Misc. 14,000.00

Management / Marketing Fee 60,000.00

Payment / Capital Cost 177,525.10

Original Aircraft Cost 4,500,000.00

Annual Residual Depreciation(%) 5

Term of Ownership 5

Average Depreciation / Year 203,597.16

Total Fixed Cost w/o Charter 781,262.26

Net Charter Profit Contribution 214,275.00

Total Fixed Cost with Charter 566,987.26

ANNUAL VARIABLE COSTS

Fuel Gallons 33,000.00

Fuel Cost 140,250.00

Maintenance 49,500.00

Engine/APU Maintenance 64,185.00

Crew Misc. 30,000.00

Total Variable Cost 283,935.00

CHARTER REVENUE AND PROFIT CONTRIBUTION

Charter Revenue 637,500.00

Variable Cost of Charter 423,225.00


GENERAL PARAMETERS

Annual Owner Hours 150

Annual Charter Hours 250

Fuel Cost Per Gallon 4.25

Charter Return Rate 2,550.00

OWNER HOURLY COST ANALYSIS

Fuel Usage (Gallons / Hour ) 220

Fuel Cost Per Hour 935.00


Airframe Maintenance 330.00

Engine / APU Maintenance 427.90

Total Maintenance 757.90

Crew Misc. 200.00

Total Variable Cost Per Hour 1,892.90



Total Hourly Cost w/o Charter 7,101.32

Total Hourly Cost with Charter 5,672.82

ANNUAL BUDGET


Annual Budget 850,922.26

MONTHLY BUDGET

Monthly Hours 13

Monthly Budget 70,910.19

BUDGET BY PERCENTAGES

Fuel Cost (%) 16.48

Airframe Maintenance (%) 5.82

Engine / APU Maintenance (%) 7.54

Crew Misc. (%) 3.53

Crew Expense (%) 20.79

Crew Training (%) 2.36

Hangar (%) 2.81

Insurance (%) 1.85

Aircraft Misc. (%) 1.19

Management / Marketing Fee (%) 5.12

Payment / Capital Cost (%) 15.14

Average Depreciation / Year (%) 17.36

Total Percentages 100.00

In Budget by Percentages the Net Charter Profit Contributionamount is spread proportionately across the Fixed Cost items.*All costs are in USD.




NOTES

Assumes a payback to owner of $2550/hour on the charter hours (retail rate assumed @ $3000/hour). Includes Managment fee of$60,000/annually. Assumes loan of $2,000,000 @180 months @ 4%. Includes residual value calculation - $4,500,000 losing 5% over 5year term of ownership.




Trip Cost Calculator

Cessna Citation XLS

Trip Distance (Nm) 1200.00

Block Speed (Kts) 422.18

Trip Time (Hours) 2.84

Variable Cost / Hour 1,892.90

Total Trip Cost 5,375.84

Total Hours Saved 8.00

Commercial Air & Overnight Costs 2,500.00

Value / Hour / Executive 500.00

Number of Executives 4

All- In Savings 18,500.00

Private Aircraft Expense 5,375.84

Quoted Charter Cost 30,000.00

Total Costs Savings -13,124.16

Cost Savings Per Hour -1,640.52

*All costs are in USD.




Annual Operational Cost Summary

Cessna Citation XLS


ANNUAL OPERATIONAL COST SUMMARY

Fixed Cost 781,262.26

Variable Cost 283,935.00

Net Charter Profit 214,275.00

Net Annual Cost 850,922.26

Owner Hours Flown 150.00

Owner Cost / Hour w/o Charter 7,101.32

Charter Hours 250.00

Owner Cost / Hour with Charter 5,672.82

HOURLY COST DETAIL

Revenue / Hour 2,550.00

Variable Cost / Hour 1,892.90

Gross Profit / Charter Hour 857.10




MACRS Depreciation Calculator

Cessna Citation XLS

Full Price ofAircraft

4,500,000.00 Depreciation Schedule Used: Part 135

Year 1 2 3 4 5 6 7 8

Rate (%) 14.29 24.49 17.49 12.49 8.93 8.92 8.93 4.46

Depreciation 643,050.00 1,102,050.00 787,050.00 562,050.00 401,850.00 401,400.00 401,850.00 200,700.00

DepreciationValue

3,856,950.00 2,754,900.00 1,967,850.00 1,405,800.00 1,003,950.00 602,550.00 200,700.00 0.00

CumulativeDepreciation

643,050.00 1,745,100.00 2,532,150.00 3,094,200.00 3,496,050.00 3,897,450.00 4,299,300.00 4,500,000.00

Adjusted Cost /Hour

643.05 1,102.05 787.05 562.05 401.85 401.40 401.85 200.70

Total AdjustedCost / Hour

5,029.77 4,570.77 4,885.77 5,110.77 5,270.97 5,271.42 5,270.97 5,472.12

The schedule above reflects commonly used aircraft tax depreciation rates. These may or may not be applicable to your individualsituation. The adjusted cost per hour is based on a 40% tax rate. However, we would advise you to consult with a tax professional familiarwith aircraft depreciation guidelines and how they relate to your own business circumstances.





Cessna Citation XLS Mid Jets

Residual Value Depreciation Graph

Depreciation Residual Value

0 1 2 3 4 50

1,500,000

3,000,000

4,500,000

6,000,000

Year





BASIC VARIABLE COST DATA*All costs are in USD.

Airframe Maintenance Per Hour 330.00

Engine / APU Maintenance Per Hour 427.90

Fuel Cost based on Gallons Per Hour 935.00

Crew Misc. 200.00

Total Variable Cost Per Hour 1,892.90

Cost Per NM 4.48

ADDITIONAL AIRCRAFT INFORMATION

Minimum Crew / Maximum Passengers 2 / 8

Baggage Capacity External / Internal (Cubic Feet) 80 / 10

Cabin Height (Feet) 5'8"

Cabin Width (Feet) 5'6"

Cabin Length (Feet) 18'6"

Cabin Volume (Cubic Feet) 576.58

Years in Production 2004 - 2008

Active Fleet (approximate) 332.00

Average Pre-Owned Asking Price 4,695,000.00

BASIC AIRCRAFT PERFORMANCE DATA

Seats Full Range (NM / SM) 1500 / 1726

Ferry Range (No Payload) (NM / SM) 1939 / 2231

Balance Field Length* (Take-off Distance in Feet) 3,812

Landing Distance (Feet) 3,619

Average Block Speed (KTS / MPH) 422 / 485

Normal Cruise (KTS / MPH) 422 / 485

Long Range Cruise Speed (KTS / MPH) 363 / 418

Fuel Usage (Gallons Per Hour) 220.00

Service Ceiling (Feet) 45,000

Useful Payload With Full Fuel (Lbs) 839

Maximum Take Off Weight 20,200

Maximum Landing Weight 18,700

Basic Operating Weight 12,480

Total Usable Fuel Weight 6,572

*Consideration must also be given to, but not limited to: passenger weights, baggage weight, winds, runway length, temperature and airport elevation.

Data and dimensions shown may vary slightly and are subject to change.




Interior/Exterior Floorplan/Cross Section

Cessna Citation XLS





Fuel Cost

Airframe Maintenance

Engine / APU

Maintenance

Crew Misc.

Crew Expense

Crew Training

Hangar

Insurance

Aircraft Misc.

Management Fee

Payment / Capital Cost

Average Depreciation /

Year

0

6

12

18

24

Percentage By Cost




Single Aircraft Report

GENERAL PARAMETERSCessna Citation XLS


Annual Charter Hours 250

Annual Total Hours 400


Fuel Gallons 33,000.00

ANNUAL OWNER VARIABLE COSTS


Airframe Maintenance 49,500.00

Engine / APU Maintenance 64,185.00

Crew Miscellaneous 30,000.00

Total Variable Cost 283,935.00

ANNUAL FIXED COSTS

Crew Expense 243,750.00

Crew Training 27,700.00

Hangar 33,000.00

Insurance 21,690.00

Aircraft Miscellaneous 14,000.00

Management Fee 60,000.00

Payment / Capital Cost 177,525.10

Average Market Depreciation / Year 203,597.16


CHARTER CONTRIBUTION

Charter Revenue 637,500.00

Airframe Maintenance 82,500.00

Engine / APU Maintenance 106,975.00


Total Variable Cost of hCharter 423,225.00



ANNUAL BUDGET

Annual Hours 150

Annual Budget w/o Charter 1,065,197.26

Annual Budget with Charter 850,922.26

MONTHLY BUDGET

Monthly Hours 13

Monthly Budget w/o Charter 88,766.44

Monthly Budget with Charter 70,910.19

HOURLY COSTS

Owner Hourly Rate w/o Charter 7,101.32

Owner Hourly Rate with Charter 5,672.82





Map data ©2017 Google, INEGI Terms of Use

Note:

For Jets & Turboprops "Seats Full Range" represents the maximum IFR range of the aircraft at Normal Cruise with all passenger

seats occupied. ACC assumes NBAA IFR alternate fuel reserve calculation for a 200 nautical mile alternate. Does not include winds

aloft or any other weather related obstacles.

Range Map Report

Model Category Radius

Cessna Citation XLS Mid Jets 1500.53 Nm / 1726.78 Sm



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citation xls analysis - owner & charter hour … · citation xls analysis - owner & charter...

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