So you want to own a private jet?
These are the 5 best private jets still in production:
1. Cirrus Vision SF50
The Vision Jet is a single-engine, seven-seat, very light jet, developed by Cirrus Aircraft. The SF 50 has taken the industry by storm with over 150 deliveries as of October 2019. The Vision Jet is the first and only certified single-engine civilian jet and it comes standard with the Cirrus Airframe Parachute System (CAPS)
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- Cost: $2.38-2.75 million
- Cruise Speed: 280 mph
- Range: 690-1,381 miles based on payload weight.
*No fatal incidents reported by the NTSB as of November 2019.
2. Honda HA-420 HondaJet
The HondaJet is a twin-engine, seven-seat, very light jet, developed as the very first aircraft from Honda Aircraft Company. Over 130 HondaJets have been delivered as of August 2019.
The HondaJet is designed with it’s two-engines mounted on pylons above the wings to increase cabin space and lower it’s drag signature.
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- Cost: $5.28 million
- Cruise Speed: 486 mph
- Range: 1,653 miles based on 4 occupants.
*No fatal incidents reported by the NTSB as of November 2019
3. Embraer Phenom 300
The Embraer Phenom is a twin-engined, 11 seat, light business jet, developed by Embraer in Brazil. The Phenom 300 was first introduced in 2009 and over 500 have been built as of March 2019. The Phenom 300 is the most successful light business jet with over 50% of the market share.
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- Cost: $9.45 million
- Cruise Speed: 521 mph
- Range: 2,270 miles
*No fatal incidents reported by the NTSB as of November 2019
4. Embraer EMB-500 Phenom 100
The Embraer Phenom 100 is a twin-engined, 8 seat, very light jet, developed by Embraer in Brazil. The Phenom 100 was first introduced in 2008 and over 369 have been built as of December 2018.
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- Cost: $4.495 million
- Cruise Speed: 470 mph
- Range: 1,356 miles
*1 fatal incident reported by the NTSB as of November 2019
5. Cessna Citation M2
The Cessna Citation M2 is a twin-engine, seven-seat, very light jet, developed by Cessna. The M2 was launched in 2011 and as of October 2019 over 200 have been delivered. The M2 is Cessnas entry-level jet and is one of the fastest of the very light jet category.
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- Cost: $5.15 million
- Cruise Speed: 460 mph
- Range: 1,783 miles
*14 fatal incidents reported by the NTSB as of November 2019
After you’ve settled on the right jet, the next step is to start shopping! Contact a jet sales broker and once you have an idea, get a firm insurance quote from BWI.
BWI Private Jet Insurance
We offer Private Jet Insurance and we work with all of the major aviation insurance companies to find exactly the right policy, at the right price for your new private jet. We have specialized in Aviation Insurance sine 1977, our office is open 12 hours a day and we are licensed in all 50 states.
Speak to one of our knowledgable jet insurance agents today at 800-666-4350 or submit a quick quote online.
BWI is the Nation’s Leader in Aviation Insurance with offices in California and Alaska.
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