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Aircraft model

CESSNA 500

Everything here is true of every aircraft of the type, not of any one aircraft.

The Citation 500 is the original Citation, the aeroplane that made private jets ordinary. Cessna built it deliberately slow by jet standards — 350 knots — with a straight wing, so that it lands slowly and gets into runways that faster jets cannot use, and priced it where turboprop operators could reach it.

It is now the cheapest jet in existence and that is exactly the trap. The purchase price is a small fraction of ownership: the JT15D-1 engines are old technology and thirsty, engine programmes for them are limited, and unscheduled maintenance on a fifty-year-old jet can exceed the aircraft's value in a year. Avionics must be brought up to current airspace requirements, a six-figure exercise on its own. A CE-500 type rating is required and, unlike the 501, two pilots.

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What it is

Seats8
Landing geartricycle
Engines2
EnginePratt & Whitney Canada JT15D-1
Horsepower—
FuelJetA
Certification basisFAR25
Production start1972
Production end1976
Endorsements requiredmulti-engine

Performance

Cruise speed350 KTAS
Range1,300 nm
Service ceiling41,000 ft
Climb rate2,680 ft/min
Stall speed (Vso)82 KCAS
Takeoff over 50 ft3,000 ft
Landing over 50 ft2,500 ft

Load and fuel

Seats8
Useful load4,950 lb
Full-fuel payload1,245 lb
Max takeoff weight11,650 lb
Empty weight6,700 lb
Usable fuel553 gal
Fuel burn at cruise120 gal/h

Cost of ownership

Price, low$360,000
Price, high$950,000
Prices as of2026
Engine TBO3,500 h
Overhaul cost, low$400,000
Overhaul cost, high$700,000

The fleet and its record

Registered, all time354
Active fleet63
Median year built1974.0
NTSB events, last 10 years3
Fatal events, last 10 years1
Events per 1,000 active, last 10 years47.62 · thin base (low)1
Personal-flying events per 1,000 active15.87 · thin base (low)2
Ownership transfers, last 24 months15
Transfers per 100 active23.81 · thin base (low)3
Airworthiness directives11
Directives, last 5 years0
Rate confidencelow
  1. Events per 1,000 active, last 10 years: per 1,000 active aircraft · base 63 active.
  2. Personal-flying events per 1,000 active: per 1,000 active aircraft · base 63 active.
  3. Transfers per 100 active: per 100 active aircraft · base 63 active.

Peer scores6

Peer classFixed wing multi-engine, turbo-fan, 2 engines, 7+ seats
Accident record—1
Severity—2
Access7.9 of 103
Support1.4 of 104
Liquidity2.4 of 105
  1. Accident record: class median 1.23 · 42 models in class.
  2. Severity: class median 10.
  3. Access: class median 9,850.
  4. Support: class median 197.5.
  5. Liquidity: class median 32.81.
  6. Each of the five categories places the model within its peer class, from 0 (the worst of the class) to 10 (the best): a position among comparable models, not a grade. The overall score is the sum of the categories shown that are scored, out of 10 for each (50 when all five are); it is given only when at least 4 of the five are scored, and it can be set against another model's only when both are in the same peer class and scored on the same categories.
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