Modern Piper M500 cabin with executive leather seating for regional private charter flights.

Piper M500

Passengers

Range

Cruise Speed

Charter From

Best For

Up to 5

1,000 nm published (600 to 900 nm practical)

260 ktas (299 mph)

$1,300/hr

Short regional trips, small groups

Note: The hourly rate is not the total trip cost. Final pricing includes landing and handling fees, crew, overflight permits, and taxes, plus variable costs such as repositioning, de-icing, wait time, and overnights. Contact Hogani Jets for an accurate all-in quote.

Charter of a Piper M500 starts at $1,300 to $1,700 per flight hour, among the more affordable ways to fly private. Introduced in 2015 as an avionics-upgraded version of the Piper Meridian, the M500 is a single-engine turboprop seating up to five passengers with a published range of 1,000 nautical miles, though realistic charter range with a full passenger load runs closer to 600 to 900 nautical miles. A single Pratt & Whitney Canada PT6A-42A engine and Garmin G1000 avionics power this aircraft. Hogani Jets coordinates each Piper M500 charter through licensed Part 135 operators.

The M500 is Piper's answer to a specific question: how do you make a pressurized, single-pilot-capable turboprop as affordable as possible without cutting the technology that keeps it safe and easy to fly? The result is one of the more budget-friendly certified turboprops in private aviation, built around a Garmin G1000 glass cockpit that gives it modern situational awareness despite its compact size.

That affordability comes with real trade-offs worth understanding before booking. This is a five-passenger aircraft, not a family-of-eight solution, and its real-world range is meaningfully shorter than the number printed on a spec sheet. For the right mission, a short regional hop for two to four people, it delivers private aviation at a price point few other pressurized aircraft can match.

Piper's published maximum range for the M500 is 1,000 nautical miles, a figure reached only with a light passenger load and standard fuel reserves. Once a realistic passenger count, baggage, and required reserves are factored in, practical charter range typically runs closer to 600 to 900 nautical miles. This gap is worth confirming for any route near the edge of the aircraft's stated range, since a trip that looks comfortably within reach on paper can require a fuel stop with a full cabin aboard.

The M500 shares its airframe and engine with the original Piper Meridian, certified in 2000 with first deliveries in 2001. Piper introduced the M500 designation in 2015, pairing that same airframe with Garmin G1000 avionics and a redesigned interior.

Specification

Piper M500

Manufacturer

Piper Aircraft

Aircraft Category

Turboprop (single-engine)

Passenger Capacity

Up to 5

Cabin Length

~12.3 ft (3.75 m)

Cabin Width

~4.2 ft (1.28 m)

Cabin Height

~3.6 to 3.8 ft (1.10 to 1.16 m)

Baggage Capacity

~25 cu ft

Published Max Range

1,000 nm (1,151 mi)

Practical Charter Range

~600 to 900 nm

Max Cruise Speed

~260 ktas (299 mph)

Service Ceiling

30,000 ft

Typical Takeoff Distance

~2,600 to 2,900 ft

Typical Landing Distance

~2,100 to 2,500 ft

Engine

1 x Pratt & Whitney Canada PT6A-42A

Avionics

Garmin G1000 (some units G1000 NXi)

Hourly Charter Rate

$1,300 to $1,700

The M500 did not replace a different aircraft; it upgraded the one Piper already had. The original Piper Meridian entered service in 2001, powered by the same PT6A-42A engine the M500 still uses today. When Piper introduced the M500 designation in 2015, the core airframe stayed the same; what changed was the cockpit, moving to Garmin G1000 avionics, and an updated interior. A separate, larger-winged M600 followed in 2016 with genuinely more fuel capacity and a longer real range, a bigger step up than the M500 represents from the Meridian.

A turboprop trades a light jet's higher cruise speed for a meaningfully lower hourly rate. At $1,300 to $1,700 per hour, the Piper M500 costs well below a light jet such as the Citation CJ3, though it carries fewer passengers and covers less distance nonstop.

  • Lower cost: $1,300 to $1,700 per hour versus $2,500 to $3,500 for a light jet.
  • Fewer seats: up to 5 passengers versus 5 to 9 for most light jets.
  • Shorter range: 600 to 900 nm practical versus roughly 1,875 nm published for most light jets.
  • Best mission: short regional trips for 2 to 4 passengers where cost matters more than cabin size or speed.

The M500 seats up to five passengers including the pilot, with three to four in the cabin as the comfortable, practical configuration for charter use.

  • Leather seating and large windows are standard, giving the compact cabin a brighter feel than its size suggests.
  • A pressurized cabin keeps the ride comfortable at altitudes an unpressurized aircraft could not sustain.
  • Baggage is stored in a separate rear compartment, not accessible in flight.
  • There is no flight attendant on this aircraft category; service is limited to what the pilot can offer, so confirm expectations at booking.

The M500 performs best on short regional routes where its lower hourly rate outweighs a light jet's speed and cabin advantage.

Route

ICAO Codes

Est. Flight Time

Notes

New York to Nantucket

KTEB to KACK

~1h

Short-field capable, Northeast leisure corridor

Dallas to Santa Fe

KDAL to KSAF

~2h

Regional business and leisure route

Chicago to Nashville

KMDW to KBNA

~1h 45m

Regional business corridor

Los Angeles to Aspen

KVNY to KASE

~2h 15m

Mountain leisure destination

Piper M500 charter rates run $1,300 to $1,700 per flight hour, among the more affordable options in the turboprop category. Total one-way trip pricing depends on route distance, positioning, and demand. Contact Hogani Jets at charter@hoganijets.com or +1-855-660-0573 for a current quote.

Route

Est. One-Way Price

Notes

New York to Nantucket

$3,500 to $5,500

Short-field capable, Northeast leisure corridor

Dallas to Santa Fe

$11,500 to $14,500

Regional business and leisure route

Chicago to Nashville

$8,600 to $12,100

Regional business corridor

Los Angeles to Aspen

$11,000 to $15,700

Mountain leisure destination

The $1,300 to $1,700 hourly rate covers core operational costs. Additional fees are quoted separately on every trip, which matters when comparing total trip prices.

  • Aircraft operation: fuel, crew, and maintenance are included in the hourly rate.
  • Pilot: the M500 is certified for single-pilot operation; some operators fly it with two.
  • Federal excise tax and segment fees: federally mandated, quoted separately.
  • Positioning costs: charged if the aircraft must reposition to your departure airport.
  • International handling fees: apply on Caribbean, Canada, and other international hops.

Contact Hogani Jets for current pricing and details.

The most common cross-shop comparisons are the Piper M600, its larger-winged sibling with genuinely more range, and the Pilatus PC-12 NGX, a bigger single-engine turboprop with a larger cabin. The M500 wins on hourly cost; the M600 wins on real range, and the PC-12 NGX wins on cabin room and passenger capacity.

Specification

Piper M500

Piper M600

Pilatus PC-12 NGX

Type

Single-engine turboprop

Single-engine turboprop

Single-engine turboprop

Passengers

Up to 5

Up to 5

Up to 9

Published Range

1,000 nm

1,658 nm (SLS)

1,800 nm

Cruise Speed

260 ktas (299 mph)

274 ktas (315 mph)

290 ktas (334 mph)

Hourly Rate

$1,300 to $1,700

$1,400 to $1,800

$1,300 to $1,900

Best Use Case

Lowest-cost short trips

More range, similar cabin

Larger cabin, more passengers

Every Piper M500 charter operator's Part 135 certificate, insurance coverage, and safety record is independently reviewed before booking, with ARGUS, Wyvern, or IS-BAO ratings considered where they exist as one part of that review.

The M500 is certified for single-pilot operation and carries a Garmin G1000 avionics suite with synthetic vision, terrain awareness, and traffic alerting. Hogani Jets does not operate the aircraft. Every M500 charter is conducted by a licensed Part 135 direct air carrier whose crew, maintenance, and operations remain under that carrier's independent operational control.

The Piper M500 is a strong fit on short regional legs for small groups where its lower hourly rate outperforms a light jet's higher cost. The following Hogani Jets route pages cover its most relevant charter corridors.

  • New York to Nantucket private jet charter
  • Chicago to Nashville private jet charter
  • Los Angeles to Aspen private jet charter

Relationship

Aircraft

When to Consider

Predecessor Airframe

Piper Meridian (PA-46-500TP)

The original 2001 airframe the M500 upgraded with newer avionics

Longer-Range Sibling

Piper M600

A different wing and genuinely more fuel capacity for longer regional trips

Larger Cabin Alternative

Pilatus PC-12 NGX

More passengers and cabin room from a larger single-engine design

Twin-Engine Alternative

Beechcraft King Air 100

Engine redundancy for those preferring a twin-engine turboprop

Ready to book a Piper M500 charter or check availability? Contact Hogani Jets for a tailored quote. Call +1-855-660-0573 or email charter@hoganijets.com, and our team will coordinate the right aircraft and operator for your trip.

Reviewed by Matt Hogan — Founder, Hogani Jets & Aviation Specialist.

How much does it cost to charter a Piper M500?

Piper M500 charter rates run $1,300 to $1,700 per flight hour, among the more affordable options in the turboprop category. One-way trip pricing ranges from about $4,500 for short hops to $10,700 or more on longer regional legs. Final cost depends on route, positioning, and season.

What is the real range of a Piper M500?

Piper publishes a maximum range of 1,000 nautical miles, reached only under ideal conditions with a light payload. With a realistic passenger and baggage load, practical charter range typically runs closer to 600 to 900 nautical miles.

What is the difference between the Piper Meridian and the M500?

The M500 uses the same airframe and PT6A-42A engine as the original Piper Meridian, introduced in 2001. Piper introduced the M500 designation in 2015, upgrading the aircraft to Garmin G1000 avionics and a redesigned interior without changing the core airframe.

How many passengers can the Piper M500 carry?

The Piper M500 seats up to five passengers including the pilot, with three to four in the cabin as the practical configuration for comfortable charter use.

How fast does the Piper M500 fly?

The Piper M500 cruises at up to 260 knots true airspeed (299 mph) at maximum cruise; a long-range cruise setting of about 179 knots trades some speed for extended range.

What is the difference between the M500 and the M600?

The M600 uses a different wing with genuinely greater fuel capacity, giving it meaningfully more real-world range than the M500 despite sharing a similar cabin and mission profile.

Is a single-engine turboprop safe to charter?

Single-engine turboprops like the M500 operate under the same Part 135 safety oversight as any charter aircraft, and the PT6A engine family has one of the strongest reliability records in aviation. The trade-off against a twin-engine aircraft is redundancy in the event of an engine issue.

Are empty leg flights available on the Piper M500?

Yes. The Piper M500's regional positioning creates empty-leg opportunities at meaningful savings off standard one-way rates. Availability is short-notice and date-fixed, so Hogani Jets recommends flexibility when chasing empty-leg pricing.

Is Hogani Jets a direct air carrier?

No. Hogani Jets is an air charter broker and does not own or operate aircraft. All Piper M500 charters are facilitated through licensed Part 135 direct air carriers, who maintain full operational control and regulatory compliance for every flight.

Last Updated: 21 Sep 2026, 11:24 AM

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