• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
PoliticsDonald Trump

The jet Qatar gave Trump is valued around $400 million. It might cost taxpayers $1 billion just to upgrade it to presidential standards

By
Stuart Dyos
Stuart Dyos
Weekend News Fellow
Down Arrow Button Icon
By
Stuart Dyos
Stuart Dyos
Weekend News Fellow
Down Arrow Button Icon
May 23, 2025, 7:01 AM ET
President Donald Trump waves goodbye aboard Air Force One
President Donald Trump aboard Air Force OneBRENDAN SMIALOWSKI—AFP/Getty Images
  • The Boeing 747 Qatar donated to the Air Force One fleet costs roughly $400 million when new, but outfitting the jet to fit presidential requirements may cost up to $1 billion, according to experts. The Qataris have had trouble trying to sell the aircraft as 747s have fallen out of popularity within the aviation industry and are no longer manufactured. 

While President Donald Trump flaunts his $400 million Qatari airplane, touted to be the newest member of the Air Force One fleet, experts say it could cost $1 billion just to bring the jet up to presidential standards. 

Recommended Video

In addition to ethical concerns over the Qatari-owned Boeing 747 becoming the largest foreign gift ever received by the U.S. government, Sen. Tammy Duckworth said the jet could also cost up to 10 figures in taxpayer dollars to operate within the Air Force One fleet. 

“Far from saving money, this unconstitutional action will not only cost our nation its dignity, but it will force taxpayers to waste over a billion dollars to overhaul this particular aircraft, when we currently have not one, but two fully operational and fully capable Air Force One aircraft,” the Illinois Democrat said in a statement to multiple outlets.

One expert puts that figure higher: Richard Aboulafia, a managing director at aviation consulting firm AeroDynamic Advisory, said converting the aircraft into an Air Force One jet would cost billions and take years. 

“You’re taking a 747, disassembling it, reassembling it, and then jacking it up to a very high level,” Aboulafia told NBC News.

In order to secure the jet for presidential use, it would have to be examined for any listening devices and outfitted with communications equipment and missile defense systems. These costs would accumulate at least $1 billion, current and former Pentagon officials told The New York Times.

White House officials have said the government is looking into partnering with government contractor L3Harris to maintain the jet, the Times reported. The cost of the reported deal has not been public. 

L3Harris declined Fortune’s request for comment.

As the jet’s upgrades will take a couple years, the government has already paid Boeing for two new Air Force One jets projected to be completed by 2027. 

“That’s a better dollar value than trying to take an airplane from somebody else and trying to make it into a presidential plane. It makes no sense,” Marc Foulkrod, an aerospace engineer who had tried to help Doha sell the jet, told The New York Times.

Meanwhile, the price tag for a crew on a traditional Air Force One jet reaches more than $37 million annually, while the total operating cost sits at roughly $134 million per year, according to Pentagon documents.

A White House spokesperson said, “It has been stated time and time and time and time again this was donated as a gift to the DoD and the Air Force” and referred Fortune to the DoD for further comment. The DoD declined to comment.

Prior to offering the jet to the U.S., the Qataris had been unsuccessful in finding a suitor for the Boeing 747. Foulkrod said while the plane is in great condition, it’s hard to find a buyer for a VIP styled-aircraft. 

“You might find that one-off guy that has a super ego that wants to buy one and ride around in it,” Foulkrod said.

Commercial airlines lacked interest in the jet because 747s are no longer manufactured and are falling out of popularity among the aviation industry, and the jet was too lavishly outfitted to be suitable for commercial use.

Fortune Brainstorm AI returns to San Francisco Dec. 8–9 to convene the smartest people we know—technologists, entrepreneurs, Fortune Global 500 executives, investors, policymakers, and the brilliant minds in between—to explore and interrogate the most pressing questions about AI at another pivotal moment. Register here.
About the Author
By Stuart DyosWeekend News Fellow

Stuart Dyos is a weekend news fellow at Fortune, covering breaking news.

See full bioRight Arrow Button Icon

Latest in Politics

Robert F. Kennedy
PoliticsHealth
Robert F. Kennedy Jr. turns to AI to make America healthy again
By Ali Swenson and The Associated PressDecember 5, 2025
1 hour ago
Trump
Personal FinanceHealth Insurance
Trump wants more health savings accounts. A catch: they can’t pay insurance premiums
By Amanda Seitz and KFF Health NewsDecember 5, 2025
3 hours ago
Scott Bessent speaks with Andrew Ross Roskin at Dealbook Summit
LawTariffs
Treasury Secretary Bessent insists Trump’s tariff agenda is ‘permanent,’ saying the White House can recreate it even with a Supreme Court loss
By Marco Quiroz-GutierrezDecember 5, 2025
6 hours ago
Letitia James
LawDepartment of Justice
Piling on Trump DOJ’s legitimacy issues, Letitia James challenges appointment of U.S. attorney suing her
By Michael Hill and The Associated PressDecember 4, 2025
20 hours ago
Scalise
PoliticsCongress
Congress flatlines in attempt to regulate college sports with bill ‘not ready for prime time’
By Joey Cappelletti and The Associated PressDecember 4, 2025
20 hours ago
Trump
PoliticsWhite House
‘We fixed inflation, and we fixed almost everything’: Trump travels to Pennsylvania to talk affordability while denying it’s a problem
By Josh Boak and The Associated PressDecember 4, 2025
20 hours ago

Most Popular

placeholder alt text
Economy
Two months into the new fiscal year and the U.S. government is already spending more than $10 billion a week servicing national debt
By Eleanor PringleDecember 4, 2025
1 day ago
placeholder alt text
Success
‘Godfather of AI’ says Bill Gates and Elon Musk are right about the future of work—but he predicts mass unemployment is on its way
By Preston ForeDecember 4, 2025
1 day ago
placeholder alt text
Success
Nearly 4 million new manufacturing jobs are coming to America as boomers retire—but it's the one trade job Gen Z doesn't want
By Emma BurleighDecember 4, 2025
1 day ago
placeholder alt text
Success
Nvidia CEO Jensen Huang admits he works 7 days a week, including holidays, in a constant 'state of anxiety' out of fear of going bankrupt
By Jessica CoacciDecember 4, 2025
1 day ago
placeholder alt text
Economy
Tariffs and the $38 trillion national debt: Kevin Hassett sees ’big reductions’ in deficit while Scott Bessent sees a ‘shrinking ice cube’
By Nick LichtenbergDecember 4, 2025
24 hours ago
placeholder alt text
Real Estate
‘There is no Mamdani effect’: Manhattan luxury home sales surge after mayoral election, undercutting predictions of doom and escape to Florida
By Sasha RogelbergDecember 4, 2025
22 hours ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.