Executive Summary
Choose the Phenom 300 if: You prioritize speed, range, and cabin comfort. The Phenom 300 excels at coast-to-coast missions, offers a significantly larger cabin, and commands strong resale value in the pre-owned market.
Choose the Citation M2 if: You value acquisition cost efficiency and lower operating expenses. The M2 is ideal for shorter regional missions and represents one of the best value propositions in the light jet category.
Performance Analysis
The Phenom 300 significantly outperforms the Citation M2 in nearly every performance metric. With a max cruise speed of 453 ktas compared to the M2's 404 ktas, the Phenom shaves meaningful time off longer routes. More importantly, the Phenom 300's 2,010 nm range opens up mission profiles that the M2 (1,550 nm) simply cannot achieve.
For example, the Phenom 300 can comfortably fly from New York to Los Angeles with one stop, while the M2 typically requires two. The Phenom's higher service ceiling (45,000 ft vs 41,000 ft) also allows it to fly above most weather and commercial traffic.
The only performance advantage for the M2 is a slightly shorter takeoff distance (3,210 ft vs 3,290 ft), though this difference is marginal and rarely decisive in real-world operations.
Performance
| Specification | Phenom 300 | Citation M2 |
|---|---|---|
| Max Cruise Speed | 453 ktas ✓ | 404 ktas |
| Range (NBAA IFR) | 2,010 nm ✓ | 1,550 nm |
| Max Altitude | 45,000 ft ✓ | 41,000 ft |
| Takeoff Distance | 3,290 ft | 3,210 ft ✓ |
| Landing Distance | 2,590 ft | 2,590 ft |
Cabin & Comfort
| Specification | Phenom 300 | Citation M2 |
|---|---|---|
| Cabin Length | 17.2 ft ✓ | 11.3 ft |
| Cabin Width | 5.1 ft ✓ | 4.8 ft |
| Cabin Height | 4.9 ft ✓ | 4.6 ft |
| Passenger Capacity | Up to 11 ✓ | Up to 7 |
| Baggage Capacity | 84 cu ft ✓ | 52 cu ft |
Economics
| Specification | Phenom 300 | Citation M2 |
|---|---|---|
| List Price (New) | $9.9M | $4.8M ✓ |
| Avg Pre-Owned (2020) | $8.5M | $4.2M ✓ |
| Hourly Operating Cost | $2,350 | $1,950 ✓ |
| Annual Fixed Costs | $485K | $385K ✓ |
Cabin Comparison
The cabin experience represents one of the most significant differences between these aircraft. The Phenom 300's cabin is 53% longer than the M2's (17.2 ft vs 11.3 ft), providing substantially more room for passengers and movement during flight.
This translates to:
- Passenger capacity: The Phenom 300 can accommodate up to 11 passengers in a high-density configuration, while the M2 maxes out at 7
- Baggage space: 84 cu ft vs 52 cu ft—critical for longer trips or golf outings
- Cabin comfort: The Phenom's extra width and height create a noticeably more spacious feel, especially for taller passengers
For owner-operators or charter customers prioritizing passenger comfort on flights over 2 hours, the Phenom 300's cabin advantage is difficult to overstate.
Operating Economics
The Citation M2 delivers superior economics across the board. With an acquisition cost roughly half that of the Phenom 300 ($4.8M vs $9.9M new), the M2 appeals to cost-conscious buyers who don't need the Phenom's extended range capabilities.
Operating cost analysis (400 hours/year):
- Hourly variable costs: M2 at $1,950/hr vs Phenom at $2,350/hr = $160K annual savings
- Annual fixed costs: M2 at $385K vs Phenom at $485K = $100K annual savings
- Total annual savings: Approximately $260K per year favoring the M2
For operators flying primarily regional missions under 1,000 nm, the M2's cost advantage can be compelling—especially when the Phenom 300's performance benefits aren't regularly utilized.
Market Positioning & Value Retention
The Phenom 300 has consistently ranked as the world's best-selling light jet for over a decade, creating a liquid pre-owned market with strong value retention. Well-maintained 2020 models typically trade around $8.5M, representing an 86% value retention rate.
The Citation M2, while less dominant in absolute sales numbers, benefits from Cessna's extensive service network and brand recognition. 2020 M2s average around $4.2M, maintaining approximately 88% of original value—slightly better than the Phenom 300 on a percentage basis.
Mission Profile Recommendations
Ideal Phenom 300 Missions:
- New York to Miami (1,090 nm)
- Los Angeles to Chicago (1,745 nm)
- Dallas to New York (1,375 nm)
- Any route requiring 6+ passengers with baggage
Ideal Citation M2 Missions:
- Atlanta to New York (760 nm)
- Los Angeles to Las Vegas (235 nm)
- Houston to Dallas (225 nm)
- Regional business travel with 4-6 passengers
Final Verdict
There's no universally "better" aircraft here—the right choice depends entirely on your mission profile and budget:
The Phenom 300 wins for: Buyers who need true transcontinental range, regularly fly with 6+ passengers, and value a spacious cabin. The premium you pay for the Phenom 300 is justified if you regularly exploit its performance advantages.
The Citation M2 wins for: Operators focused on regional missions, cost-conscious buyers, and those who prioritize the lowest cost per flight hour. The M2 delivers exceptional value if your missions don't require the Phenom's extended range.
For many buyers, the decision comes down to this: Are you willing to pay roughly double the acquisition cost and an extra $260K annually for 460 more nautical miles of range and a significantly larger cabin? If your answer is yes, the Phenom 300 is worth every penny. If not, the Citation M2 represents one of the smartest values in business aviation.
Expert Transaction Guidance
Aircraft Executives has brokered numerous transactions involving both the Phenom 300 and Citation M2, with deep expertise in light jet market dynamics. Whether you're evaluating your first aircraft purchase or upgrading from an older model, our team provides unbiased analysis and transaction support.
Contact us for a confidential consultation →Frequently Asked Questions
Can the Citation M2 fly from New York to Los Angeles?
Not nonstop. The M2's 1,550 nm range requires two fuel stops for a NY-LA route, while the Phenom 300 can make it with one stop.
Which aircraft has better resale value?
On a percentage basis, the Citation M2 edges out the Phenom 300 (88% vs 86% for 2020 models), but both aircraft hold their value exceptionally well compared to the broader light jet market.
What's the typical pre-owned price difference?
A 2020 Phenom 300 averages around $8.5M, while a 2020 Citation M2 averages $4.2M—roughly a 2:1 ratio consistent with new aircraft pricing.
Which aircraft is better for owner-operators?
Both are certified for single-pilot operation, though most operators fly with two pilots. The M2's simpler systems and lower operating costs make it slightly more approachable for owner-operators focused on cost management.