April 13, 2016
The Citation Excel is combination of Cessna technologies and designs with a shortened Citation X stand-up fuselage and a lengthened Citation V wing. The Excel’s PW545A engines make it faster than the V Ultra and give it a higher MGTOW and a longer range. The Cessna Citation Excel (Model 560XL) was the original version of the Excel series of aircraft. It was designed to compete in the more traditional twin-turboprop market.
As of March 2016, 80% of the Citation Excel aircraft were purchased pre-owned by their current owners, the other 20% new. 6% are currently for sale with the majority of those (86%) under an exclusive broker agreement. When for sale, the average number of days on the market is 313.
The first flight of a prototype Citation Excel was on February 29, 1996. The series began production in 1998 and was replaced by the Citation XLS in 2004 following completion of 371 deliveries.
There are 369 Citation Excel aircraft in operation today. Most of these are owned outright (301) with 12% currently leased. North America has the largest percentage of Citation Excel aircraft (78%), followed by Europe (9%).