The range really depends on alotta things. Indoors, Outdoors, Buildings, so on and so on. It comes with a little rubberduck antenna that is really nice. If your going to be spotting, this scanner should be great. I use the model that this scanner replaced and it works like a charm, no problems, so i would imagine that this one is close to the same if not better.
There is no such thing as a nice rubber ducky antenna.
They are very inefficient antennas.
If you want poor range, use a rubber ducky. If you want to have better range, use a telescopic 1/2-wave or 1/4-wave antenna. If you are spotting, then the rubber ducky will work fine, provided the ground (controller) transmitters are located on or close to the field.
As to your search for a handheld scanner...you might want to just focus on used equipment. Handhelds tend to be more expensive. There are plenty of suitable handhelds on sale for below $100USD. For airband they all perform about the same. The antenna is more important...most of the receivers have about the same sensitivity.