How much it costs to own and operate a Phenom 300 private jet

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Phenom 300 Operating Costs

Sample annual operating cost summary.
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Phenom 300 Exterior

Annual Budget

The total annual budget for flying a Phenom 300 private jet 200 hours per year is approximately $631,683 or $921,408 for flying 400 hours per year. The maximum speed of the Phenom 300 is 521 mph, but with slower climb, cruise and descending speeds it is more likely to average 417 mph which would equate to an average cost per mile of approximately $7.58 at 200 hours per year. If you fly 400 hours per year, you can spread the total fixed costs over more flight hours which reduces your cost per mile to $5.53.

These budgets do not include the cost to purchase the jet, depreciation or the cost of capital (interest payments.)

In the market to buy, sell or manage a jet you own? Please contact a Jet Advisors for a free consultation and estimate. Liberty Jet offers Jet Management, Private Jet Cards and Private Jet Charter services.

Cost to Purchase

How much does it cost to buy a Embraer Phenom 300? Prices today are around $1,495,000 with 19 currently advertised for sale.

View Embraer Phenom 300 private jets for sale

Phenom 300 Interior

How much can you save?

Get a FREE Consultation and Evaluation Own a Jet? Liberty Jet can save you thousands each year. Send us your contact details below and we will send you a free evaluation. See our Jet Management sample proposal to see how much you can save.

Sample Operating Budget

Costflying 200 hours/yearflying 400 hours/year
Direct Operating Costs (DOC)  
Fuel Cost @ $4.40/gal Updated to Nat'l Avg Each Week$139,040$278,080
Maintenance$41,697$83,394
Engine Overhaul$63,987$127,975
Misc Crew/Landing/Handling$40,000$80,000
Miscellaneous Variable$5,000$10,000
Total Direct Operating Costs (DOC)$289,724$579,449
Fixed Costs  
Crew$200,371$200,371
Crew Training$26,201$26,201
Hangar$31,360$31,360
Insurance$22,010$22,010
Jet Management$48,000$48,000
Miscellaneous Fixed$14,017$14,017
Total Fixed Costs$341,959$341,959
Total Annual Budget$631,683$921,408