History The Embraer 450/500 is a Brazilian designed mid-sized business jet that was released in April of 2008. The Praetor 500/600 was introduced by Embraer with improved variants at the October 2018 NBAA. Certification is projected to be obtained for the Praetor 600 in the second quarter of 2019 and the 500 in the third quarter of 2019. Both have 22 by 50 in (56 by 127 cm) more height and wider winglets than the Legacy 450/500. Previous Legacy 450's can be upgraded to the Embraer 500 configuration for around $500,000. Summary NAME: Praetor 500 MANUFACTURER: Embraer Type: Jets RANGE: 3109 nm SPEED: 466 kts PASSENGERS: 7 people ACQUISITION COST: $15,519,280 ENGINES: Honeywell Engines HTF7500E 2 AVIONICS: APU: Standard WINGSPAN: 70.5 ft IFR CERTIFIED: Yes