CitationShares now CitationAir - Citation Heaven

By Mark A. Gardner

June 14, 2009

CitationShares, founded in 2000, is a subsidiary of Cessna Aircraft Company that provides private aviation services. It offers services in fractional jet ownership, jet card membership, corporate solutions and whole aircraft management. CitationShares is one of the four major players in the private aviation market.^[1] It is a seven-time winner of Best of the Best awards from the Robb Report, most recently in 2009.^[2] *1

Since CitationShares is a subsidiary of the Cessna Aircraft Company, they get the same advantage in pricing as FlexJet gets from Bombardier. Newer equipment, less maintenance worries and a stable company platform to build on.

Personally, I like the fact, this company uses only the Cessna product line; In my mind, the best Corporate Jet fleet is built by Cessna. I like the Citations, because, for the most part, all the systems are simple, and similar: it does'nt matter which Citation you are flying you'll feel at home behind the controls.

CitationShares is another one of the better fractional operators out there. The pilot group seems to be happy in general, most of the complaints are generally QOL complaints... (Quality of Life) nothing new here this is the general topic of discussing with all the Fracs.

^*1a CitationShares has a fleet of approximately 80 Cessna Citation Jets.^[4] The fleet consists of 4 different types of Citations:

^*2CitationShares Pilot Pay Scale

Year

All Captain

All FO

Captain Day Off Pay

FO Day Off Pay

$103,000

$59,430

$849

$490

$101,000

$57,990

$832

$478

$98,000

$56,570

$808

$466

$95,000

$55,190

$783

$455

$93,000

$53,850

$766

$444

$91,000

$52,530

$750

$433

$81,000

$51,250

$668

$422

$72,000

$50,000

$593

$412

$66,000

$45,000

$544

$371

$64,000

$40,000

$527

$330

Rates reflect annual salary

Rates are per day off flown

Per Diem:
Domestict:	$2.30/hr
International:	$2.30/hr

Minimum Days Off per Month:
Line:	NA	Reserve:	NA

Retirement:

401K:	Yes
401K Matching:	$.50 per $1 up to 6% pilot contribution
A Fund:	None
B Fund:	None

Overall, CitationShares is a good company, it will likely continue to be stable due to it's backing by the Cessna Aircraft Company.

Since the company is only about 1/10th of the size of NetJets the opportunities for employment are limitied.... (Less pilot hiring.)

The CitationShares "Area of Operation" is the Lower 48 (USA), Southern Canada, Mexico and most of the Caribbean.

If, you are a pilot looking for employment you can apply using the contact information below:

Telephone

203.542.3000

Mailing Address
CitationShares
Five American Lane

Greenwich, CT 06831

Marketing & Advertising Inquiries:

Marylynn McKeown
Marketing Manager

203.542.3956

^{*1 and *1a -}Wikipedia.com - http://en.wikipedia.org/wiki/CitationShares

^*2 - http://www.willflyforfood.com/airlinepilotpay/CitationShares_Pilot_Pay.php