New aircrafts prices

If you have decided to take the plunge and buy an airliner or a private jet, you’re probably faced with a big question: which one to choose? Of course, it all depends on your needs, expectations and budget. A used plane will not have the same price as a new one. In this article, we present you different models of aircrafts released after 2018 and we give you their price. We also make some comparisons with older models.

The private aviation market is dominated by Europe and the United States, which together account for almost 80% of the world’s jet fleet, but it is also increasingly competitive. As you will see, many of the most luxurious private jets coming out in 2019 and 2020 are not manufactured by Airbus or Boeing, which are mainly known for their airliners.

So here is a list that includes both passenger aircrafts used for tourism, airliners available for private rental and private jets.

 

Price of a new passenger aircraft for tourism

 

• Beechcraft Baron 58

Commissioning: 1970

Autonomy: 2700 km

Capacity: 5 passengers

Notes: The Beechcraft Baron 58 is certainly the most popular twin engines in the world. It can carry up to 5 passengers at 370 kilometres per hour. It has been around since the 1970s and has been modified many times since then.

Price: 1.4 million euros

 

• TBM 850

 

Price of a new light private jet

 

• Phenom 300

• Hondajet

 

If you wish to purchase a business jet for medium-haul or tourist flights, we recommend the Cessna range.

 

Cessna Citation Longitude

Commissioning: 2019

Autonomy: 6300 km

Capacity: 12 passagers

Notes: It has been available for rent since 2020 and includes some digital advances such as Wi-Fi and satellite radio access. Another model developed in parallel, the Cessna Citation Hemisphere, has eventually been suspended.

Price: 25 million euros

 

 

 

• Praetor 600

 

• Praetor 500

 

Price of a new long-haul business jet

 

• Bombardier Global 6000

 

• Bombardier Global 7500

Commissioning: 2019

Autonomy: 13000 km

Capacity: 19 passengers

Notes: It competes with the Gulfstream G700 but has the advantage of having already produced 30 models in 2019.

Price: 65 million euros

 

• Gulfstream G700

Commissioning: 2021

Autonomy: 13000 km

Capacity: 19 passengers

Notes: It competes with the Global 7500 and follows the G650 and G650ER. It is one of the largest private jets in the world.

Price: 68 million euros

 

• Dassault Falcon 6X

Commissioning: 2022

Autonomy: 10000 km

Capacity: 16 passengers

Notes: Previously known for its military, Rafale and fighter aircrafts, Dassault will this time introduce a private jet designed for business travelers. The first flight is scheduled for 2021 and the entry into service in 2022. The Falcon 6X will be able to reach speeds of up to 1000 km/h.

Price: 40 million euros

 

Price of the latest medium and long-haul commercial aircrafts, and their private versions (2018-2022)

If you are interested in medium and long-haul flights, have a good read.

 

On the Airbus side

 

• Airbus A350-1000

Commissioning: 2019

Autonomy: 14700 km

Capacity: 366 passengers

Notes: Initially created to compete with the Boeing 777-300ER, their performance is similar. It now competes with the Boeing 777-X.

Price: 330 million euros

 

• Airbus A321neo (neo for new engine option)

Commissioning: 2019

Autonomy: 9000 km

Capacity: 244 passengers

Notes: The neo program was created to improve the efficiency of the A320, enabling it to reduce its fuel consumption by 15%.

Often overshadowed by the A320, the A321 is an airliner that has a greater capacity and better comfort than the A320. Its direct competitor is the Boeing 737 Max. Airbus is working continuously to improve its models; the A321XLR will soon be marketed.

Price: 117 million euros

• Airbus ACJ320neo (ACJ for Airbus Corporate Jets)

Commissioning: 2018

Autonomy: 11000 km

Capacity: 25 passengers

Notes: Airbus Corporate Jets is a subsidiary of Airbus that markets eight business jets. ACJ320neo is among the most popular.

Price: 85 million euros

 

On the occasion of the Royal International Air Tatto in 2019, Airbus also unveiled its concept of the futuristic aircraft. Nicknamed Bird of Prey, it is a hybrid electric aircraft.

 

On the Boeing side

 

• Boeing 787-10

Commissioning: 2018

Autonomy: 12000 km

Capacity: 336 passengers

Notes: Also nicknamed the Dreamliner, it is the most efficient model of the 787 family.

Price: 265 million euros

 

• Boeing 737 Max 10

Commissioning: 2018

Autonomy: 6100 km

Capacity: 230 passengers

Notes: Boeing launched the 737 Max generation in 2017, by installing larger and more efficient engines than on its previous models.

Price: 123 million euros

• Boeing BBJ Max 7 (BBJ for Boeing Business Jets)

Commissioning: 2019

Autonomy: 13000 km

Capacity: 19 passengers

Notes: This is a model built to improve its energy consumption by 13% and its noise nuisance by 40% compared to the initial BBJ, based on a 737. It should not be confused with the BBJ 777-X, which is a model planned for 2020.

Price: 90 million euros

 

On the international competitors’ side

 

• Embraer E195-E2

Commissioning: 2018

Autonomy: 4800 km

Capacity: 120 passengers

Notes: The Brazilian company released its first EJet E-2 models in 2016.

Price: 55 million euros

• Comac C919

Commissioning: 2021

Autonomy: 5000 km

Capacity: 190 passengers

Notes: This is a twin-engine airliner made by a Chinese manufacturer. The first flight took place in 2017 and it is scheduled to enter service in 2021.

Price: 46 million euros

 

• Irkut MC-21 300

Commissioning: 2021

Autonomy: 6300 km

Capacity: 168 passengers

Notes: This is also a twin-engine airliner, this time from a Russian manufacturer. The aircraft is in the process of being certified but nearly 300 orders have already been booked.

Price: 82 million euros

 

• Mitsubishi Space Jet 90

Commissioning: 2021-2022

Autonomy: 3000 km

Capacity: 78 passengers

Notes: Formerly MRJ (Mitsubishi Regional Jet), this new aircraft model should reduce fuel consumption by 20%. First announced in 2021, it could be released in 2022.

Price: 43 million euros

 

Finally

Recent events have had a significant impact on most airlines. We can first see that with the environmental crisis, manufacturers are thinking about ways to reduce the consumption of their devices.

Moreover, in response to the Covid-19 epidemic, Airbus has put back on sale four A320neo and two A321neo initially intended for Air Asia. These orders have been cancelled, like many others, which will probably lead to lower prices in the future.

Finally, bear in mind that the prices mentioned do not include the costs of maintenance and usage of private jets, which are substantial. It is not uncommon to reach 350,000 euros in additional costs per year on top of the price of the plane. If you are thinking about how to reduce these costs, you may want to try renting or sharing ownership of your private jet once you have purchased it. To find out more, check out one of our articles on the subject.

 

If you prefer to start by renting a private jet, contact us to book your flight.

Contact AEROAFFAIRES 24/7 at +33 (0)1 44 09 91 82.