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Piper M500 Private Jet Charter

The Piper M500 is a turboprop seating up to 6 passengers, with a 1,852 km (1,000 nm) range and a 481 km/h cruise. Charter rates start around $1,700 per hour.

Charter from
$1,700/h
Range
1,852 km
Passengers
4–6
Cruise speed
481 km/h

Piper M500 overview

Piper Aircraft introduced the M500 in 2015. It belongs to the Turboprop class, powered by 1 Pratt & Whitney Canada PT6A-28 engine. With a 1,852 km range and seating for up to 6, it suits regional and medium-haul charter. 2Lun compares live availability and instant quotes for the M500 with no membership fees.

Operators list the Piper M500 as a business jet, and it is chartered the same way as any turboprop: by the flight hour, crew and insurance included. Below are the Piper M500 business jet specifications, hourly charter rates and the routes it is actually flown on. The rest of the range is on the Piper Aircraft page.

How much does it cost to charter a M500?

Transparent hourly rates — crew, fuel, insurance and maintenance included.

$1,700/hour
from, up to $2,550/h
$1,800,000
used price, to $2,200,000
$1,200/hour
operating cost

M500 specifications

Performance

Max range
1,852 km / 1,000 nm
Cruise speed
481 km/h / Mach 0.41
Service ceiling
30,000 ft
Takeoff distance
2,434 ft

Engines

Manufacturer
Pratt & Whitney Canada
Model
PT6A-28
Type
Turboprop
Count
1

Cabin & dimensions

Passengers (typical)
4
Passengers (max)
6
Cabin length
12.25 ft
Cabin height
3.83 ft
Baggage
25 cu ft

Weights

Max takeoff
6,000 lb
Empty weight
4,236 lb

Cabin amenities

Garmin G1000 NXi LED Lighting Individual Climate Control Premium Leather Seating Refreshment Center Baggage Compartment Single Engine Design Pressurized Cabin Single Pilot Operation

Popular M500 routes

Range-feasible sectors with estimated charter cost.

KJFK → KBOS
0h 50m · 187 nm
$1,417–$2,125 est.
KLAX → KLAS
1h 0m · 236 nm
$1,700–$2,550 est.

Frequently asked questions

How much does it cost to charter a M500?

Charter rates for the Piper M500 typically run $1,700–$2,550 per hour, including crew, fuel, insurance and maintenance. A 2-hour daily minimum usually applies, plus positioning fees.

How far can the M500 fly?

The M500 has a maximum range of approximately 1,852 km (1,000 nautical miles) with 4 passengers — enough for regional and medium-haul routes.

How many passengers does the M500 seat?

The Piper M500 typically seats 4 passengers and up to 6 in a high-density layout, with 1 crew.

How fast is the M500?

The M500 cruises at up to 481 km/h (260 knots, Mach 0.41), with a service ceiling of 30,000 ft.

How much does a M500 cost to buy?

A pre-owned Piper M500 typically sells for $1,800,000–$2,200,000 (2025 market). Hourly operating cost runs around $1,200.

Charter the M500

Tell us the route and dates — we come back with availability and a firm price for the M500 or the closest aircraft in its class.

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