1998 Cessna Citation V Ultra for sale

1998 Cessna Citation V Ultra

Light Jet

FOR SALE
$547,500
Location Amarillo, TX
Total Time 11,752 hrs
Engine SMOH 1,075 hrs
Seats 8
Serial # 560-0460
Reg # N303HC
Cruise 430 kts (796 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

Honeywell Primus 1000 Avionics Suite Honeywell Primus 1000 IFCS Mid Continent MD-302 Standby Gyro Shadin ADC 2000 Air Data Computer & Fuel Flow Sensor Dual Honeywell C-14D Collins ALT-55B Honeywell CAS-67A TCAS II w/ Change 7 Garmin GDL 69A XW Weather Dual GTN 750WAAS (Jettech STC) Dual Garmin GTX 3000 Transponder Garmin GMA 35C Audio Panel Honeywell KHF-950 Honeywell Mark VII EGPWS Garmin GA35 WAAS GPS Antenna Dual Garmin GTX3000 Transponders

Description

Redline Aviation is one of the fastest-growing shared aircraft ownership companies in the country, based in Amarillo, Texas with a fleet of 14 jets and 2 King Airs. We currently have four aircraft available, offering ownership shares from 25% to 100%. Skip the hassle of full ownership—we handle everything, so you can simply show up and fly. Call or text today, or visit jetredline. com

Interior

Executive 8 Passenger Configuration, Forward Aft Facing Seat, Mid-Cabin 4- Place Club, Aft Dual Forward-Facing Seats, Belted Aft Lavatory Seat, Beige Leather Seating, Beige Carpeting, Forward Refreshment Center, and a B&D 2700 Cabin Display with AM, FM, and CD Input.

Exterior

Matterhorn White with Green, Black, and Grey Accents

Inspection

Phase I-V completed 1/2025

Modifications / STCs

RVSM

Cockpit Voice Recorder (L3 A200S w/ Baker Adapter)

Single Point Refueling

Engine Ship Detector

Dual Digital Clocks

Emergency Locator Transmitter

Weather Radar

Oil Filter bypass Indicator

Locking Fuel Caps

CESCOM Maintenance Tracking

Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.

Price Comparison 1 active offer

Source Price Action
Jax Transport
controller.com
$547,500

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Cessna Citation V Ultra loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Cessna Citation V Ultra

This 1998 Cessna Citation V Ultra (N303HC) is a 8-seat light jet with 11,752 hours on the airframe. There are currently 42 Citation V Ultra aircraft listed for sale with asking prices ranging from $447,500 to $2,280,000. This aircraft is priced below the market average at $547,500.

The Citation V Ultra cruises at 430 kts (796 km/h) with a range of 1,960 nm (3,630 km) — suitable for regional and medium-distance travel. Service ceiling of 45,000 ft allows operation above most weather.

Operating costs: Fuel burn is 155 GPH (587 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $852/hr in fuel alone. Total variable cost including maintenance reserves is approximately $1,900/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $280,000. With 11,752 hours on the airframe, this aircraft has exceeded TBO (4,000 hrs) — verify engine status and overhaul reserve.

NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

Safety record: 0 NTSB incidents
Airframe: 11,752 hours — verify engine time vs TBO (4,000 hrs)
Budget $2,325 for pre-purchase inspection

Cessna Citation V Ultra — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
8
Cruise Speed
430 kts (796 km/h)
Max Speed
445 kts (824 km/h)
Range
1,960 nm (3,630 km)
Ceiling
45,000 ft (13,716 m)
Max Weight
16,300 lbs (7,394 kg)
Fuel Burn
155 GPH (587 L/h)
Engines
2
TBO
4,000 hrs

Estimated Cost of Ownership

AeroGurus estimate

CESSNA Citation V Ultra

Fuel Burn
155.0 GPH
~$1008/hr
Variable Cost
$1,900/hr
fuel + mx + reserves
Annual Fixed
$280,000/yr
hangar + insurance + annual
Engine Overhaul
$280,000
every 4,000 hrs

AeroGurus estimates based on industry averages for the CESSNA Citation V Ultra. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

FAA registration data pending for N303HC.

Location & Ownership

FAA records

Aircraft Location

Amarillo, TX

Seller reported 855 more aircraft in TX →

Title Status

No FAA title records

Available for US-registered aircraft only

Source: FAA Aircraft Registry, FAA Civil Aviation Registry (DocIndex). Title data may be delayed. Always verify with an aviation attorney before purchase.

Safety Record

NTSB safety data coming soon.

We'll check N303HC against the NTSB accident database.

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Prices and listings updated daily · Data: FAA Registry, NTSB · About our data
Disclaimer: All prices, cost estimates, and market values shown are based on asking prices from third-party sources and are provided for informational purposes only. AeroGurus is not an appraiser, broker, or financial advisor. Always obtain a professional appraisal and independent inspection before making a purchase decision. Actual transaction prices may differ from asking prices.