Summary Newer models of the Embraer Phenom 300 cost $9.8-11.5 million, whereas older models can be found as low as $5.

75 million. Operating costs average $8.65 per mile, flying 200 hours per year and $6.

60 per mile, flying 400 hours. For 300 flying hours, the annual budget is $1.7 million with annual fixed costs at $480,603 and variable costs at $738,036 plus depreciation.

The Phenom 300 is a light business jet produced by Brazilian aerospace manufacturer Embraer . The aircraft first flew in April 2008 and was certified in December 2009 and is still in production today. There have been over 800 deliveries of the Embraer Phenom 300 and it has been one of the most delivered business jets of all time.

What is the cost of such an aircraft and how much does it cost to operate it? Let's take a look in more detail. Purchase price According to Aircraft Bluebook , newer models of the Embraer Phenom 300 built between 2019 and 2023 can be purchased in the range of $9.8 million to $11.

5 million. Straight from the assembly line, an Embraer Phenom 300E, would be upwards of $11.5 million depending on configuration and customization.

A pre-owned older model of the business jet can cost as little as $5.75 million. Interested in finding out more about private aviation? Find more articles like this here Creating an annual budget and cost per mile If we look first at creating an annual budget based on flying 200 hours per year, we can approximate $721,111 per year.

Although the aircraft's top sp.