Air Force One: Trump Threatens to Cancel Boeing Order

Donald Trump
Donald Trump

President-elect of the United States Donald Trump has threatened to cancel the Boeing order for Air Force One, a dedicated aircraft for the U.S. Presidents.

Trump said Tuesday that the cost of building the new aircraft is very high. “Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!” Trump tweeted.

But Boeing (NYSE: BA) responded immediately about its plan for the Air Force One. “We are currently under contract for $170 million to help determine the capabilities of these complex military aircraft that serve the unique requirements of the President of the United States,” the company said in a statement issued Tuesday.


Related Articles:

Trump Offers Top Job to Tom Price, Dinner to Mitt Romney ]

Votes Recount: What’s Trump Afraid Of? Asks Jill Stein ]

Donald Trump to Nominate Betsy DeVos as Education Secretary ]


“We look forward to working with the U.S. Air Force on subsequent phases of the program allowing us to deliver the best planes for the President at the best value for the American taxpayer,” Boeing added.

Earlier in October, as the Republican presidential nominee Trump had said that if he is elected U.S. President his administration would not allow telecom major AT&T to acquire leading content player Time Warner.

The companies had announced that they have entered into an agreement under which AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share.

The purchase price implies a total equity value of $85.4 billion and a total transaction value of $108.7 billion.

Photo courtesy: Trump / Twitter

Support Independent Fearless Journalism

In today's media world controlled by corporates and politicians, it is extremely difficult for independent editorial voices to survive. RMN News Service has been maintaining editorial freedom and offering objective content for the past over 7 years despite enormous pressures.

In order to serve you fearlessly in this cut-throat world, RMN News Service urges you to support us financially with your donations. You can choose the amount that you want to donate from the options given below. 

You also can select any of the Payment Methods:

Offline Donation: To know our bank details for online bank transfer and payment by cheque in Indian rupees.

PayPal: To make payment by Credit / Debit Card or PayPal account.

$
Select Payment Method
Personal Info

Donation Total: $10.00

RMN News

Rakesh Raman