The Citation Latitude continues to be one of the strongest performers in the super-midsize market, combining modern Garmin G5000 avionics, excellent cabin comfort, and impressive operating economics. Despite a modest increase in available inventory over the past two months, the market remains exceptionally tight, with less than 2% of the worldwide fleet currently available for purchase. Well-equipped, low-time aircraft continue to attract significant buyer attention, particularly those with engine programs and desirable connectivity upgrades.
Fleet Size and Availability
There are currently 8 Citation Latitude aircraft available worldwide, representing just 1.7% of the global fleet.
Inventory remained remarkably stable through the first half of the year, holding between 5 and 6 aircraft from January through May before increasing to 8 aircraft in June. Even with this slight increase, inventory remains extremely limited, providing sellers with a favorable competitive environment.
Market Listings
Current asking prices range from $11.2 million to $22.5 million, with active listings averaging just 50 days on market.
That exceptionally low marketing time is among the strongest across the business jet market and reflects continued demand for late-model, turnkey aircraft. The broad pricing range is largely driven by differences in aircraft age, total time, optional equipment, connectivity packages, maintenance program enrollment, and overall pedigree. Buyers continue to place a premium on highly equipped aircraft with minimal deferred maintenance.
Sales Activity
Over the past six months, 4 Citation Latitude aircraft sold, including 2 off-market transactions, representing 0.9% of the global fleet.
Although transaction volume has been modest, limited supply has played a significant role. Sold aircraft averaged 169 days on market, with transaction prices ranging from $12.5 million to $12.99 million. The discrepancy between active listing days and historical sales averages suggests many current listings are recent additions to the market, while earlier transactions included aircraft that required longer marketing periods before finding buyers.
Key Takeaways
• Only 8 Citation Latitude aircraft are currently available worldwide.
• Inventory remains exceptionally low at just 1.7% of the global fleet.
• Active listings average only 50 days on market, highlighting strong buyer demand.
• 4 aircraft sold during the past six months, with 2 completed off-market.
• Asking prices currently range from $11.2 million to $22.5 million, while recent reported sales occurred between $12.5 million and $12.99 million.
Key Insight
The Citation Latitude remains firmly positioned as a seller’s market. Inventory is among the lowest of any production Citation model, and quality aircraft continue to move quickly when priced appropriately. While recent transaction volume has been limited by available supply rather than buyer demand, the market continues to favor owners of well-maintained, highly equipped aircraft, particularly those enrolled on engine programs and configured with sought-after cabin and avionics options.
