New Aircraft

Summary

10/7/2025. Read time: 5 min.

The current market for in-production, pressurized, turbine-powered aircraft comprises 15 manufacturers and 53 different models. Narrowing it down is simple. Forget range, payload, seats, runway performance, and size. The primary factor is what makes airplanes fly. Money.

For an estimate of purchase price and operating cost, here is a calculator.

Details

Fifty different aircraft may seem like a lot, but you can quickly whittle down the live options by cost. The more types of aircraft you can afford, the more the performance specifications come into play. Things like NBAA range, speed, payload, passenger seats, size, weight, and runway required.

Armed with this, you can answer the big questions: Can I afford it? Where can I go? Who and what can I take with me?

Bigger is not always better. What you gain in payload, range, and convenience can become operationally restricting. Aspen, CO has a 95ft max wingspan, Naples, FL has a 75,000lb weight limitation, for example. Conversely, if you want to unload pallets on a grass strip, the field narrows.

Once you've zeroed in on your options, go sit in it. What the marketing fodder doesn't capture could make the difference.

Options

What follows is a broad summary and some hot takes on the in-production options, broken down by aircraft groups:

  • Turboprops

  • Very light jets

  • Light jets

  • Midsize jets

  • Super midsize jets

  • Large cabin jets

  • Ultra-long-range jets

  • Bizliners

The lines between categories get blurry.

Along with the available makes and models are estimated purchase prices and annual operating costs—keyword: ESTIMATED. The price is intended to land somewhere between base and well-equipped in 2025. The operating budget contains many assumptions that do not reflect your operation.

You can play with the numbers on this calculator.

Turboprops

In the turboprop/light jet realm, you get to pick two out of three: speed, range, or payload. Turboprops can load up on fuel and passengers and go slow. Light jets have the speed, but you can generally only pick one more— range or a full cabin, not both.

Since the introduction of the TBM and PC-12 in the 1990s, single-engine turboprops have dominated the light twin piston market, capturing a significant market share from twin turboprops due to their reliability and efficiency. Currently, there are seven* single-engine turboprops available. Only three companies are making twin turboprops, with a total of five options.

Singles:

Price Budget
Piper M500 $2.4M $516K
Piper M700 Fury $4.3M $549K
Daher Socata TBM 910 $4.5M $606K
Daher Socata TBM 960 $5.3M $607K
Epic E1000 GX $4.8M $607K
Textron Denali (*2026) $7M $604K
Pilatus PC-12 NGX $7M $617K

All singles are now Garmin-equipped (autoland features). The Pipers are pocket rockets, the TBMs are your sports car, and the Epic, Denali, and Pilatus are SUVs.

Twins:

Price Budget
Nextant G90XT $2.9M $685K
Textron King Air 260 $7.5M $715K
Textron King Air 360 $8.2M $1.3M
Textron King Air 360ER $8.5M $1.3M
Piaggio P180 Avanti Evo $8M $1.3M

The Nextant is a remanufactured King Air 90 (not the same as a refurbished aircraft; these are 0-hour aircraft and engines). King Air 360s and the Piaggio cross the 12,500lb threshold and have additional regulatory requirements, such as required type ratings. At the King Air 360 level, two pilots are assumed.

Very Light Jets

Price Budget
Cirrus Vision Jet SF-50 $3.3M $573K
Eclipse 550 $3.2M $572K
Embraer Phenom 100EX $5.2M $792K
Textron Citation M2 Gen3 $6.2M $852K
HondaJet HA-420 $6.2M $769K

Very light jets are a tough niche. They are all performance-limited due to the complexity and fuel burns of jet engines packaged under 11,000 lbs. Eclipse and Vision Jet are even smaller at 6000 lbs. But they check the jet box at an entry-level price. More seats, more range, more payload would be nice. Back to the primary consideration—cost—you learn to make do with the utility you have.

Light Jets

Moving up the chain, light jets cap out a regulatory threshold. Just under 19,000 lbs (except the lighter CJ3), they are the largest aircraft manufactured under Part 23 regulations. They maximize utility and simplicity for a jet, and are your last chance of flying single-pilot, although that may not be a viable insurance option. The added system complexity starts to pay off over turboprops with performance gains at this level.

Price Budget
Nextant 400XTi $5.5M $1.5M
Textron Citation CJ3 Gen3 $9.5M $1.5M
Embraer Phenom 300E $11M $1.5M
Textron Citation CJ4 Gen3 $12M $1.5M
Pilatus PC-24 $13.5M $1.5M

The Nextant is a remanufactured BeechJet/ Hawker 400. Notice their modus operandi, remake the most popular, retired aircraft models that are still flying (parts availability).

Midsize

Midsize aircraft are the first foray into CFR Part 25 certification standards. These regulations require aircraft to have two pilots and to include additional complexity, such as dual-wheel landing gear, system redundancy, and other safety features. It doesn't mean smaller aircraft lack these features; it just means the FAA doesn't require manufacturers to include them.

Price Budget
Textron Citation Ascend $17M $1.5M
Textron Citation Latitude $19.5M $1.6M
Embraer Praetor 500 $18M $1.7M

It is a small market because you've added more regulatory compliance than performance. The light jets can match most performance specs at the Ascend end, and you're pushing super-mid specs without the seats at the Praetor 500 end. Latitudes operating in the popular middle ground.

Super-Mid

These will fly to Europe and Hawaii from the coasts. Super-Mids all come in around 40,000 lbs. It's a sweet spot of seats and range, yet still light and small enough to have very few size and weight operational restrictions. Five manufacturers.

Large Cabin

More seats, more headroom, go a long way, cabin attendant, kitchen equipped. Down to four manufacturers. Again, the Nextant is a remade, this one based on a Challenger 604.

Price Budget
Nextant 604XT $8.5M $1.7M
Bombardier Challenger 650 $34M $2.0M
Gulfstream G400 $38M $2.2M
Dassault Falcon 900LX $48M $2.3M
Dassault Falcon 6X $52M $2.3M
Gulfstream G500 $50M $2.4M

Photo courtesy of Colin Waldorf.

Ultra-Long Range

Travel the world, sleep on a bed in-flight. How far do you want to go? Only three companies remain.

Price Budget
Bombardier Global 5500 $55M $3.0M
Gulfstream G600 $58M $3.0M
Bombardier Global 6500 $62M $3.0M
Dassault Falcon 8X $65M $3.1M
Bombardier Global 7500 $78M $3.1M
Dassault Falcon 10X (*2027) $78M $3.0M
Gulfstream G700 $80M $3.1M
Bombardier Global 8000 $82M $3.2M
Gulfstream G800 $82M $3.1M

The reason for the bump in the operating budget for Ultra-Long Range over Large Cabin is due to calculator assumptions. In this case, adding a third pilot explains most of the cost increase (assuming more long-haul operations). You can adjust to your operation here.

Bizliner

Take a shower, bring your entourage, park at a big airport, and buy a helicopter tender to match. Wait, you're not thinking big enough. Buy land, build your own 10,000 ft runway, and leave the hassles of crowded airports behind. Two options remain.

Price Budget
Boeing BBJ Select $75M $2.7M
Airbus ACJ TwoTwenty $85M $4.2M
Airbus ACJneo $105M $4.5M
Boeing BBJ 737 MAX $110M $4.3M
Airbus ACJ330neo $220M $6.4M
Boeing BBJ 787 $260M $8.2M
Airbus ACJ350 $320M $6.8M
Boeing BBJ 777X $425M $8.7M

On the Horizon

Clean-sheet aircraft designs are rare. The regulations and testing required are very high barriers to entry. Three up-and-comers have potential.

SyberJet SJ-36 - Light jet with midsize specs.

Otto Aviation Phantom 3500 - Light jet with super-midsize specs.

Boom Overture - supersonic.

Performance Specs

Here is a CVS file with the performance specs of all the in-production aircraft. A few notes:

  • Numbers are 2025 estimates and have not been verified by manufacturers.

  • Reduce the maximum speed by a few ticks for a typical cruising speed.

  • The NBAA range is a more realistic figure than the maximum range. It includes regulatory considerations such as required fuel for alternate airports. To achieve range figures, reduce the maximum speed by yet a few more ticks, and you might need to kick off a couple of passengers on smaller aircraft.

  • The runway required is for a maximum gross weight takeoff, which is an important figure for your home base airport.

  • Aircraft weight provides a good indication of the aircraft's size. As the aircraft gets heavier, its weight becomes more limiting. Even if you have the necessary runway length, the runway or ramp may not be able to support the weight.

  • Aircraft dimensions, like weight, can be operationally limiting once you reach a certain size—wingspan for taxi, and tail height for hangar space.

  • The full fuel payload is useful for estimating how many people you can transport while maximizing range.

  • Unpressurized turbine aircraft are excluded due to speed and altitude limitations.

Used Aircraft

Only buy popular used aircraft. Aviation is a very niche market, with only a few hundred to a few thousand units produced for the most common models. For any used aircraft, you must consider the availability of parts, maintenance support, and insurability.

The hours, cycles, maintenance history, damage history, logbook history, and age all heavily influence the cost. Knowing the specifics of an aircraft model is very important. For now, used aircraft are not included in this analysis, but it is in the works.

Aviate

Access the aircraft operating cost calculator here.

Access the performance specs of all aircraft here (CVS file).

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