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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Leadershipair force one

From ‘Out of Control’ to ‘A Great Deal’: Trump Likes Boeing’s Now Official Air Force One Deal—And Its New Paint Job

By
Natasha Bach
Natasha Bach
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By
Natasha Bach
Natasha Bach
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July 18, 2018, 6:03 AM ET

The will-they won’t-they deal between Trump and Boeing has been ironed out.

Boeing (BA) finally secured the $3.9 billion deal to build two new planes to be used as Air Force One by the U.S. president. The planes, which are expected to be delivered by December 2024, will be painted red, white and blue.

The contract follows an informal deal reached between Trump and the manufacturer back in February and little has changed in the months since. Nevertheless, that agreement followed initial objections by the president for the high price tag associated with the new planes, which Trump called “out of control,” and suggested that the administration should “cancel order!” Despite the cost of the deal remaining the same, Trump told CBS on Tuesday that “Boeing gave us a great deal.”

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!

— Donald J. Trump (@realDonaldTrump) December 6, 2016

The planes will not be purpose-built for use by the president. Instead, Boeing is converting planes that had previously been ordered by a now bankrupt Russian airline. Using existing planes and converting them to meet the needs and requirement of the president will reportedly be cheaper than building new ones.

The biggest difference between these new planes and the old fleet may be their paint job. Trump told CBS that he wondered “if we should use the same baby blue colors,” deciding ultimately not to.

“Air Force One is going to be incredible,” he added. “It’s going to be the top of the line, the top in the world. And it’s going to be red, white, and blue, which I think is appropriate.”

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By Natasha Bach
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