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The Piper PA-46 Malibu and Matrix are a family of American light aircraft manufactured by Piper Aircraft of Vero Beach, Florida. The aircraft is powered by a single-engine and has the capacity for one pilot and five passengers. Early Malibus were all piston-engined, but a turboprop version, introduced as the Malibu Meridian but now called the M500, is also available. Currently, Piper offers the M350, M500, and M600 in the PA-46 family.
The M500 is an updated version of the Meridian. It also has the updated Garmin G1000 NXi flight system, like the M350. The G1000 NXi system includes an automatic wings-level function and control override to prevent exceeding the plane’s flight envelope. Its purpose is to maintain a safe, stable flight condition in the case of pilot disorientation or incapacitation.
The M500, at a price of $2.26M has few competitors, including the cheaper sister-ship, Piper M350, the $2.3M Cirrus Vision SF50, the $3M Epic E1000 and the $3M Eclipse 550.
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