I was reading an article the other day that mentioned many smaller private jets are more efficient, faster, can climb quicker and land with less space than larger commercial aircraft. Some of the obvious metrics make sense such as shorter landing distances, but the efficiency peaked my curiosity.
I am basically asking what is the cost difference or cost per seat mile difference in say a a Boeing 737 vs a smaller often private jet, say an Embraer Legacy 600 or similar with its maximum seat capacity setup.