Take a look at the $10 million Embraer Phenom 300, which just became the new most popular private jet in the US (2024)

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Take a look at the $10 million Embraer Phenom 300, which just became the new most popular private jet in the US (1)

  • The Embraer Phenom 300 has surpassed the Cessna Citation Excel as the US' most popular private jet.
  • According to federal data, the Phenom had about 360,000 takeoffs and landings over the past 12 months.
  • The Brazilian-made plane boasts better fuel burn, speed, and range compared to the Excel.

Take a look at the $10 million Embraer Phenom 300, which just became the new most popular private jet in the US (2)

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Take a look at the $10 million Embraer Phenom 300, which just became the new most popular private jet in the US (4)

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Textron Aviation's best-selling Cessna Citation family of private jets has reigned as America's most popular for 15 years, but it just lost its top spot.

According to the Federal Aviation Administration's August report on business jet operations, the Brazilian-made Embraer Phenom 300 has overtaken the Cessna Citation Excel series as the most-flown business plane in America.

The Phenom 300 has had over 360,300 takeoffs and landings at US airports since August 2022, while the Excel is just shy of 359,000. The difference is about 1,400 takeoffs and landings, according to the agency — making it the first time since 2009 that any private jet has flown more than the Excel in the US.

"With its best-in-class speed, range, and cabin pressurization, plus incredible fuel efficiency and the highest residual value in the industry, we continually improve upon this spectacular jet to deliver the utmost value to all our customers who fly it," CEO of Embraer Executive Jets Michael Amalfitano recently posted on LinkedIn.

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Take a look at the $10 million Embraer Phenom 300, which just became the new most popular private jet in the US (5)

The Cessna Citation Latitude, the Cessna Citation V, and the Cessna Citation CJ3 business aircraft were also in the FAA's monthly report as the third, sixth, and ninth most-flown private planes, respectively.

Private aviation consultant Brian Foley told Bloomberg that despite its smaller cabin, the Phenom 300 has become a fan-favorite thanks to its better fuel burn, speed, and range compared to the Excel. And, it costs about $3 million less than $13 million Cessna Citation XLS+, which is the latest version of the Excel.

He also explained that Embraer's "long airliner heritage" (the company also builds commercial planes) gives the Phenom 300 a "perception of being purpose-built for high utilization."

Take a look at the $10 million private plane.

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Introduced in 2009 as part of Embraer Executive Jets, the Embraer Phenom 300E — the latest version of the plane — is the world's best-selling light jet.

Take a look at the $10 million Embraer Phenom 300, which just became the new most popular private jet in the US (6)

The Phenom 300E offers enhancements compared to its predecessor, including better speed, bigger seats, a redesigned cabin, and a new inflight entertainment system.

Since entering service, over 700 Phenom 300 series aircraft have been delivered — with North America being its largest market.

By comparison, there have been over 1,000 deliveries of the Excel since the program started in 1994, with the latest version being the Citation XLS+.

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The business plane boasts incredible range and speed thanks to two Pratt & Whitney PW535E1 engines.

Take a look at the $10 million Embraer Phenom 300, which just became the new most popular private jet in the US (7)

Benjamin Zhang/Business Insider

Specifically, the 300E can fly at up to 534 mph, while the 300 flies at 513 mph, according to Embraer.

As far as range, both versions can fly about 2,300 miles, which is enough to fully cross the US — and the higher speed of the 300E may be preferred for those on a tighter schedule.

The Excel XLS+ can fly about 1,850 miles at speeds of up to 507 mph.

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And, the Embraer is particularly popular for its single-pilot capabilities.

Take a look at the $10 million Embraer Phenom 300, which just became the new most popular private jet in the US (8)

Benjamin Zhang/Business Insider

Unlike the XLS+, the Phenom 300 is certified for single-pilot operations — giving more flexibility to operators and customers.

And, its co*ckpit has been enhanced with new technology that helps reduce pilot workload and improve situational awareness — like the runway alert system that "provides a warning advisory if the runway approach is too steep or too fast."

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Although the cabin is smaller than the competing Excel, the Phenom 300 boasts the "Oval Lite" cabin, which offers the "most head and legroom of any light jet."

Take a look at the $10 million Embraer Phenom 300, which just became the new most popular private jet in the US (9)

Benjamin Zhang/Business Insider

With roughly 17 feet of cabin length to work with, the plane can seat between 6 and 10 people depending on seat layout and if there is one or two pilots. That's two less than the up to 12-seat capacity on the Excel — though the latter most comfortably seats nine

But, customers won't find the private bedroom that is common on larger private planes like VistaJet's Bombardier Global 5000 or the Gulfstream G700 owned by Qatar Airways Executive.

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And, complementing the plane's giant windows, the most common layout includes six reclining loungers each with a pop-out table in between.

Take a look at the $10 million Embraer Phenom 300, which just became the new most popular private jet in the US (10)

For example, NetJets' Phenom 300/E has a set of four "club seats," as well as two additional forward-facing seats.

Meanwhile, competing private jet operator Flexjet sports a seven-person cabin thanks to a bonus seat located towards the front of the plane.

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According to Embraer, operators can also fit a small duvet couch at the entrance — a feature also common on the Citation XLS+.

Take a look at the $10 million Embraer Phenom 300, which just became the new most popular private jet in the US (11)

Benjamin Zhang/Business Insider

With the couch installed, the Phenom 300/E will commonly carry eight people.

According to Textron, the Excel's standard side-facing couch "delivers additional flexibility to your cabin's layout."

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Meanwhile, an aft lavatory and forward galley can be configured on opposite sides of the cabin.

Take a look at the $10 million Embraer Phenom 300, which just became the new most popular private jet in the US (12)

Benjamin Zhang/Business Insider

The galley can be stocked with drinks, snacks, coffee, and other necessities that ultra-rich travelers will expect when chartering a private jet.

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While the Phenom 300 is the most-flown private jet in the US as of August 2023, Textron's large Citation fleet still claims significantly more flight hours.

Take a look at the $10 million Embraer Phenom 300, which just became the new most popular private jet in the US (13)

jremes84 / Shutterstock.com

The Cessna Citation family includes everything from light jets to super midsized planes, with the manufacturer actually developing a brand new variant known as the Citation Ascend.

Built as the new edition of its XLS+, Textron Aviation's senior VP of global sales and flight operations said the Ascend is "designed to outperform and take our customers further in style."

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This means that despite the rise in popularity of the Phenom 300, Cessna's true-blue Citation family will continue to be an industry fan-favorite.

Take a look at the $10 million Embraer Phenom 300, which just became the new most popular private jet in the US (14)

Textron Aviation

"One of every three business jets worldwide is a Cessna Citation, and product upgrades like these continue to give customers new reasons to choose us for our proven performance, leading technology, and unmatched cabin experience," Textron told Bloomberg.

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Take a look at the $10 million Embraer Phenom 300, which just became the new most popular private jet in the US (2024)

FAQs

How much does an Embraer Phenom 300 cost? ›

How much does it cost to buy a Embraer Phenom 300? Prices range between $7,675,000 and $7,895,000 with 32 currently advertised for sale.

Why is Phenom 300 so popular? ›

The latest version of the Phenom 300 holds the title of the fastest and longest-range single-pilot business jet. Thanks to the more powerful PW535E1 engines, the top speed increased from 446 to 464 knots, with a marginally better range. At standard cruise settings, the aircraft burns through 1000 lbs per hour.

Does Phenom 300 have a toilet? ›

Lavatory. The externally-serviced lavatory is fully enclosed, features two large windows for natural light and an optional sink and mirror. The optional belted lavatory seat is certified for taxi, takeoff and landing.

Can you buy a private jet for 10 million? ›

Depending on size, range, model, and features, a private jet can set you back anywhere from $2 million to over $100 million.

Does a Phenom 300 require 2 pilots? ›

The EMB-505 Type Rating requires a checkride conducted by an FAA Designated Pilot Examiner (DPE). The Phenom 300 is certified under Part 23 of the FAR's which allows for single pilot operations.

How fast can a Phenom 300 fly? ›

The Phenom 300 has a maximum range (subject to headwinds, high altitude, hot temperatures, or higher capacity) of 2268 miles and a maximum speed of 521 mph.

Can the Phenom 300E fly to Hawaii? ›

Light and midsize jets like the Cessna Citation CJ2, with a maximum range of about 1,500 nautical miles, or the Embraer Phenom 300, with around 2,010 nautical miles of range, are ill-suited for the significant overwater distance between the West Coast and Hawaii, which is approximately 2,500 nautical miles.

How many people can sit on a Phenom 300? ›

The cabin can accommodate up to nine passengers along with a two-pilot crew; an additional passenger can be carried when being flown by a single pilot.

Can a Phenom 300 fly to Europe from the USA? ›

Speed. The Embraer Phenom 300 can reach a maximum cruising speed of 835 km/h which makes it an efficient aircraft for quick short haul trips whether that's in Europe or North America.

How rich should you be to own a jet? ›

According to a 2023 High Flyers report from The Institute for Policy Studies research center and activist group Patriotic Millionaires, the median net worth of a jet owner is $190 million, while fractional owners have a median net worth of $140 million.

What is the cheapest private jet to buy? ›

Very light jet: Cirrus Vision Jet

The cheapest private jet on the market is the small but mighty Cirrus Vision Jet at $2 million. The Vision Jet is the world's first single-engine private jet, and is powered by a Williams International FJ33-5A turbofan engine, which produces 1,800lbs of thrust.

How much cash can you take on a private jet? ›

There is no restriction on how much money you can bring on an aircraft if you travel to the United States. If you travel abroad to the United States, you must disclose any sum above $10,000 to customs.

How many people can fly in a Phenom 300? ›

About this aircraft

The Phenom 300 has one of the most spacious interiors of any light jet on the market with 17.2 ft of internal length and a high ceiling. The aircraft has space for eight people with the addition of an extra chair at the front of the six-seat cabin, or nine if the lavatory is used as a seat.

How much fuel does a Phenom 300 burn per hour? ›

The Embraer Phenom 300 light jet gulps 183 gallons per hour. Looking at light jets as a category, for example, they can consume anywhere between 134 and 222 gallons of jet fuel per hour based on the type of aircraft.

How much does NetJets Phenom 300 cost per hour? ›

What type of pricing does NetJets offer? $11,196 per hour for a 25-hour jet card on the Phenom 300. For a 50-hour per year fractional share, the hourly rate for a Phenom 300 is $8,596, including the acquisition cost, assuming a 50% repurchase price, monthly management fee, occupied hourly cost, and fuel cost.

How many Phenom 300 sold? ›

Demonstrating Embraer's commitment to innovation and excellence, the Phenom 300 series is the most successful business jet of the past decade, having accrued more than 730 deliveries worldwide and operating in 40 countries.

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