EMBRAER Praetor 500 Price and Operating Costs
Specifications
The EMBRAER Praetor 500, production in 2019-present, requires a two man crew and can be configured in 7 seats. Maximum operating altitude of 45,000′, a optimal cruise speed of 474 knots/545 MPH, and a 3,250 NM/3,740 SM seats-full range. The EMBRAER Praetor 500 has a 4,261′ runway length (or runway plus clearway and/or stopway) and 2,090′ actual landing distance required. Cabin specifications: 06’00” cabin high, 06’09” cabin wide, and 24’00” cabin long. Maximum luggage capacity of 144.79 ft^3; 34.96 ft^3 being internal and 109.83 ft^3 being external.
Pricing
Average price for used aircraft EMBRAER Praetor 500 is $16,995,000.00. A $8,497,500.00 loan over 10 years including $35406.25 per month in interest equates to a $426,096.21 per-month payment. Based on 450 hours a year and fuel cost at $4.25 per-gallon, the EMBRAER Praetor 500 has total variable costs of $1,160,662.50, total fixed costs of $492,451.00, and hypothetical summary cost of $1,653,113.50. How much does it cost to fly: $3,673.59 per hour.
Maximal total range:
3,250 NM / 3,740 SM
Cruise speed:
474 knots / 545 MPH
Average price:
$16,995,000.00
Number of passengers:
7 people
EMBRAER Praetor 500 |
Flying 450 Hours per Year | Flying 450 Hours per Year + 200 Charter Hours |
Owner-operated hours | 450 | 450 |
Charter-operated hours | – | 200 |
Fuel Cost per-gallon | $4.25 | $4.25 |
Fixed operation and maintenance cost | $492,451.00 | $250,101.00 |
Variable operation and maintenance cost | $1,160,662.50 | $1,160,662.50 |
How much does a helicopter cost per year | $1,653,113.50 | $1,410,763.50 |
Cost per hour | $3,673.59 | $3,135.03 |