EMBRAER Praetor 500 Price and Operating Costs

Specifications
The EMBRAER Praetor 500, manufactured from 2016 - Present, requires a 2 person crew and can transport up to 7 passengers. The aircraft has a maximum operating altitude of 45,000', a normal cruise speed of 474 KTS/546 MPH, and a 3,250 NM/3,740 SM seats-full range. The EMBRAER Praetor 500 has a 4,261' balanced field length and 2,090' landing distance. The cabin measures 06'00" high, 06'09" wide, and 24'00" long. It has a total baggage capacity of 144.79 ft^3; 34.96 ft^3 being internal and 109.83 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned EMBRAER Praetor 500 is $17,700,000.00. A $9,000,000.00 loan over 120 months including $37500 per month in interest equates to a $451,293.43 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the EMBRAER Praetor 500 has total variable costs of $1,353,600.00, total fixed costs of $681,037.00, and an annual budget of $2,034,637.00. This breaks down to $4,521.42 per hour.