Don’t miss the latest developments in business and finance.

Trump vows to cancel order of new Air Force One

He called it too expensive

US President-elect Donald Trump
US President-elect Donald Trump
Bloomberg
Last Updated : Dec 07 2016 | 12:56 AM IST
 US President-elect Donald Trump urged the government to cancel purchase of Boeing’s new Air Force One plane on Monday, saying it was “ridiculous” and too expensive.
 
“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!” said Trump in a Twitter message.
 
Speaking shortly afterward to reporters in New York, Trump said, “The plane is totally out of control. I think it’s ridiculous. I think Boeing is doing a little bit of a number.” “We want Boeing to make a lot of money but not that much money,” added Trump, who takes office on January 20. Boeing did not immediately return a request for comment.
 
The Air Force first announced in January 2015 that Boeing’s 747-8 would be used to replace the two current Air Force planes used to transport the U.S. president. Air Force One is one of the most visible symbols of the United States.

Also Read

First Published: Dec 07 2016 | 12:54 AM IST

Next Story