

Embraer Executive Jets Praetor 500
The Praetor 500 is the midsize sibling of the Praetor 600, upgraded from the Legacy 450 with a 3,340 nm range that allows true coast-to-coast US flights with reserves. It shares the family's fly-by-wire controls, six-foot flat-floor cabin and Pro Line Fusion cockpit, and NetJets selected it as a fleet type in 2023.
In short: The Embraer Executive Jets Praetor 500 is a Midsize Jet with a range of 3,340 nm, a cruise speed of 466 knots and room for 7 passengers. It lists at about $19.5M new and costs roughly $2,900 an hour to operate (estimate).
Highlights
- Coast-to-coast range in a midsize jet
- Fly-by-wire with turbulence reduction
- Six-foot stand-up flat-floor cabin
Performance
- Range
- 3,340 nm
- Max cruise
- 466 kts
- Max Mach
- 0.83
- Max altitude
- 45,000 ft
- Takeoff distance
- 4,222 ft
- Landing distance
- 2,086 ft
- MTOW
- 37,567 lb
- Engines
- 2 × Honeywell HTF7500E
- Fuel burn
- 240 gal/hr
Cabin
- Passengers
- 7 / 9
- Cabin length
- 24 ft
- Cabin width
- 6.8 ft
- Cabin height
- 6 ft
- Cabin volume
- 700 cu ft
- Baggage
- 150 cu ft
- Min. crew
- 2
Economics
- New price
- $19.5M
- Variable cost / hr
- $2,900
- Fixed cost / yr
- $850,000
- First delivery
- 2019
- Units built
- 160
- Pre-owned range
- $13M – $18M
Estimates. Operating costs and pre-owned prices are modelled from industry benchmarks and updated quarterly. Data reviewed 2026-09-11. Sources & methodology.
Pre-owned range & Residual value curve
Pre-owned range
$13M – $18M
Estimates. Operating costs and pre-owned prices are modelled from industry benchmarks and updated quarterly.
Export CSVResidual value curve
Estimated value retention over 10 years from new, by category depreciation model.
Year 10: 42% ≈ $8.2M
Compare with similar aircraft
Compare: Praetor 500 vs Legacy 500 vs Legacy 450 vs Hawker 900XP →
Related insights
The Rise of Fractional Ownership: NetJets, Flexjet, and Why the Model Is Winning
Fractional flying is up two-thirds since 2019 and the two leaders have ordered more than a thousand aircraft between them. How the model works, why it is taking share from ownership and charter, and where its limits lie.

