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most economical private jetThere are so many reasons why private jets are an amazing way to travel – not only are they more private and comfortable, but you know traveling in style takes you one step closer to the big league. Now, in order to own a private jet, you’ll have to spend some money, however, whereas some private jets might be a little out of range to some wallets, luckily, there are a few models that made it to the most economical private jets list, from very light and light jets to mid-weight or even heavy jets. That’s why we will be listing the top 11 most efficient private jets that still bring luxury and finesse to the table. Here they are:

most economical private jet

1 – Cirrus Vision Jet

Cirrus Vision Jet - most economical private jet

Image by Markus Eigenheer

One of the cheapest private jets in the market – $1,4 million – the Cirrus Vision Jet is a very light aircraft and probably the most efficient private jet. Furthermore, it is one of the smallest in the market, but considering its size, it has a pretty spacious cabin, taking up to 7 passengers, and a decent range of 1,275nm.

What makes this jet so worthy is the fact that it was the first single-engine private jet to be designed, powered by a Williams International FJ33-5A Turbofan, which can take up quite the speed. It was made specifically for owners to pilot it, making it even more affordable, since they didn’t have to hire a crew. The cabin is elegant, luxurious, and prepared with all the amenities needed, such as an entertainment system, USB charging outlets, and a hi-tech avionics system.

Plus, the Cirrus Vision Jet is prepared with modern safety measures, like the Cirrus airframe parachute, which allows the plane to descend safely in case of tragedy. It also has a Safe Return Emergency Autoland System, which when pressed, shows the nearest available airport, compatible with the jet. There’s no going wrong with this private jet!

2 – Learjet 60

Learjet 60 - most economical private jet

Image by Cory W. Watts

A mid-size business jet, the Learjet 60 is another fan favorite, with a price tag of $2 million. It’s typically powered by a double Pratt & Whitney Turbofan Engine, with a range of 2,180nm, and can reach an amazing 522 miles per hour. Capable of taking up to 8 passengers, this jet is fast and has a high max range, while still having one of the best fuel consumptions of the market – definitely a win-win situation.

The Learjet 60, the improved successor to the Learjet 55, is not only a favorite among businessmen, but is frequently used by the military and government since it has improved aerodynamics, a more ample cabin, and great efficiency and autonomy. The interior was also improved to give the passengers the peak of comfort, with lots of legroom and prepared spaces for working during the flight. This is one of the best options within the $5 million private jets.

3 – Cessna Citation Mustang

Cessna Citation Mustang - most economical private jet

Image by Acroterion

We present you a very light jet, introduced in 2005, with a maximum range of 1,167nm and a price between $2 and $3 million – the Citation Mustang! This jet is powered by two Williams PW615F engines, which display an incredible performance in the air, capable of flying at a speed of 391 miles per hour. It also has the capacity to seat up to 4 passengers.

In comparison to some other light jets, the Citation Mustang has a few competing advantages, such as a short takeoff and landing distance, as well as low operating costs, making it one of the most fuel-economical private jets on this list. The cabin is luxurious, super comfortable, and packed with all the commodities needed, such as refreshments, snacks, and pull-out tables.

4 – Stratos 716X

Stratos 716X - most economical private jet

Image by Stratos Aircraft

Introduced for the first time in 2020, the Stratos 716X is a private jet that rounds the $2,5 million mark and has a range of 1,500nm, with space for up to 5 passengers.

It’s the second single-engine private jet to be made, fueled by a Pratt & Whitney Canada JT15D-5 engine. It combines the speed and range of a high-performance double-engine jet, with the capacity of landing and taking off of smaller airstrips. It is one of the cheapest private jets available in the market, and it has a couple of amazing features, such as a Garmin avionics system, which allows an easier and uncomplicated flight procedure, and an airframe assembled using advanced carbon fiber composites.

The cabin can accommodate 6 passengers and can be rearranged into 6 different configurations, with luggage space, and a washroom.

5 – Cessna Citation X

Cessna Citation X - most economical private jet

Image by Cory W. Watts

In the market for almost 25 years, the Cessna Citation X is an absolute fan favorite. Its price rounds the $3 million mark, and it has a range of 2,890nm, when full, however, it can reach 3,125nm with fewer passengers on board, with a max capacity of 12 passengers.

The first Cessna Citation X was delivered to the famous golfer Arnold Palmer, and after that, it became quite popular among celebrities, sportsmen, and corporate buyers. This jet was the best option for a safe, relaxing, and private flight since a lot of them had to take last-minute trips. 

This super mid-size class jet can fly across the continent, the Atlantic, and even across the pacific, but you can simply use it for shorter trips, making this one of the most flexible and most economical corporate jets, and, considering its size and capacity, a particularly affordable option. 

The interior is dazzling! It’s an ample space with a diverse number of interior configurations, with different seating options. Its galley is ready to provide all the refreshments and snacks needed, and, last but not least, the cabin management system has a touch-screen control panel for all the entertainment systems, such as Blu-Ray HD digital video, a top sound system, and even dual-zone temperature control. It doesn’t get better than this.

6 – Embraer Phenom 100

Embraer Phenom 100 - most economical private jet

Image by Acroterion

Fueled by twin Pratt & Whitney Canada PW617F1-E Turbofan Engines, the Embraer Phenom 100 is one of the most affordable jets under $5 million, coming at a price of only $4,5 million, and, even though it’s a light jet, it’s the largest in its class.

Ideal to carry up to 6 passengers, this jet has a range of 1,178nm and can travel up to 470 miles per hour. It is a single-pilot, so you’re already saving on crew costs, and it is different from most of the jets in this category – the Phenom 100 has a washroom to provide you with a more comfortable flight experience. The passengers have enough space to sit comfortably and place their luggage, plus there’s also an entertainment system on board

The Phenom 100 is a very popular jet, with more than 350 of them currently in service, mostly because of its light weight and maneuverability, as this jet has a V-tail, which makes it easier to control.

7 – Cessna Citation CJ3

Cessna Citation CJ3 - most economical private jet

Image by Alan Wilson

Powered by two Williams FJ44-3A engines, the Cessna Citation CJ3 costs $5,9 million, has a range of 1,748nm, and it can take up to 7 passengers. It’s a single-pilot jet, like the previous one, cutting on some crew expenses, plus the cockpit has a Rockwell Collins avionics system, perfectly designed for one pilot only.

The cabin is modern, elegant, and can be configured in different ways, combining comfort, great use of space, and last but not least, functionality. It has a lavatory, large tables and seats, and additional conveniences, such as LED lighting, an entertainment center, Wi-Fi, and even a Satcom phone.

What makes this jet a favorite in the market? Not only is it extremely practical for a quick trip, but it is also very affordable.

8 – Dassault Falcon 50EX

Dassault Falcon 50EX - most economical private jet

Image by Markus Eigenheer

The Falcon 50EX is the technologically improved version of the first private jet with an intercontinental range, the Dassault Falcon 50EX, and it has a purchase price between $5 million and $7 million.

We’re talking about a jet with a range of 3,223 nm, powered by triple Honeywell TFE731-40 Turbofan Engines, which was improved in order to be able to burn less fuel than the Falcon 50. It was also the target of an upgraded avionics system, based on the Collins Pro Line 4 suite.

This version has kept all the good things that made the Falcon 50 so popular and added more advanced features, which made it possible to fly longer distances at higher speeds, be more efficient, and still keep all the cabin’s luxury and comfort.

In its interior, you can find working fold-out tables with power outlets, large seats, and even closets with room for luggage. There’s space for a galley, with equipment to prepare food and beverages, such as a coffee maker, oven, and fridge. Lastly, it can accommodate up to 9 passengers.

9 – Cessna Citation XLS+

Cessna Citation XLS+ - most economical private jet

Image by Igor Dvurekov

With a tag price of $10 million, the Cessna Citation XLS+ is one of the most popular business jets in the world and it is considered pretty economical, within its class.

This jet is ideal for both long and short-range trips, as it is powered by dual Pratt & Whitney Canada PW545C Turbofan Engines, with a range of 1,528nm, although it has a max range of 2,100nm, depending on the number of passengers. It brings a lot of advantages to the table, such as its capability to land and takeoff from shorter runways, a Rockwell Collins Pro Line 21 avionics system, and being one of the largest jets within this price tag.

It can take up to 12 passengers on board and has six different color schemes to choose from. The inside is sumptuous and furnished in leather, with large and fully reclinable seats and fold-out tables. On board, there’s a stocked galley, an entertainment system, and, of course, Wi-Fi.

10 – Embraer Legacy 650E

Embraer Legacy 650E - most economical private jet

Image by Anna Zvereva

Valued at $25,9 million, it might come as a shock seeing the Embraer Legacy 650E on this list, regardless, this private jet is of a different class size, which means that it’s actually quite affordable, considering its overall features.

It has a range of 3,980nm and is powered by twin Rolls-Royce AE3007A2 engines and has a Honeywell Primus Elite Avionics System, meaning it can easily make a long-distance trip, non-stop, without breaking a sweat. It’s capable of carrying up to 13 passengers and its cabin is quite spacious, designed to be comfortable and luxurious, yet, it can be configured in different ways according to the owner’s needs. Usually, it comes with a business area, a table, a relaxing area, leather seats, and multiple amenities, such as worldwide phone service and apple tv.

Within its heavy-jet category, the 650 Evolution is without a doubt an option worth your money!

11 – Embraer Legacy 600

Embraer Legacy 600 - most economical private jet

Image by Alan Lebeda

Another fan favorite in the private jet market, the Legacy 600 has a range of 3,050nm and can take up to 13 passengers in its cabin. Currently, at a price of $26 million, it might sound like a lot for an affordable list, nevertheless, it’s a reliable and cost-efficient private jet. Powered by double Rolls-Royce AE 3007A1E engines, it is capable of reaching a speed of 528 miles per hour.

This jet is remarkably spacious for its type, as it features a galley, a restroom (which is quite ample and contains a wardrobe inside), a closet, large and comfortable seats, two folding tables, and even a divan that can be turned into a flat position, perfect for sleeping.

You’ll definitely recognize one of the most famous people to have owned this jet – Portuguese player, Cristiano Ronaldo, as this was a safe and private option for him. Given the amenities and luxury it contains, it is definitely a reliable, intimate, and more affordable option for flying private.

Fly High, Pay Low

Private jets have always been a definition of luxury and wealth, but for the last couple of years, this has been changing, as more and more private jet companies are putting out affordable jets, allowing them to be more accessible to a larger group of people.

In this list, we’ve presented some of the best options at a reasonable price, within the luxurious world of private jets. Hopefully, it helped you understand a little more about the private jet industry and maybe you’ve found your new traveling option.

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