November 28, 2022
The Cessna Citation Latitude is a low-wing aircraft with retractable tricycle landing gear and a cruciform tail. The turbofan engines are pylon-mounted on the rear fuselage and fuel stored in the wings offers generous range for missions. The spacious interior offers a flat floor and circular cabin with space for baggage provided with the integrated steps in the tail cone with additional storage space available in the cabin.
As of June 2022, 14% of the Citation Latitude aircraft were purchased pre-owned by their current owners, the other 86% new. 1.6% are for sale with the majority of those (60%) under an exclusive broker agreement. When for sale the average time on the market is 82 days.
The Cessna Citation Latitude (Model 680A) was first announced at the 2011 NBAA convention. The prototype first flew on February 18, 2014 and FAA certification came on June 5, 2015. First deliveries began in August 2015. NetJets purchased a large fractional fleet of 162 Latitude business jets as of June 2022.
There have been 309 Citation Latitude business jets built and all are in operation today. More than half of those (141) are wholly owned with 6 in shared and 162 in fractional ownership. 3.2% are currently leased. North America has the largest percentage of wholly owned Citation Latitude aircraft (79%), followed by Europe (13%). NetJets owns the largest fleet of Citation Latitude aircraft with 138.