logo
Retrofitting Qatari jet as Air Force One for Trump to cost hundreds of millions of dollars, Air Force says

Retrofitting Qatari jet as Air Force One for Trump to cost hundreds of millions of dollars, Air Force says

Straits Times05-06-2025
FILE PHOTO: The motorcade of U.S. President Donald Trump is parked next to a 12-year old Qatari-owned Boeing 747-8 that Trump was touring in West Palm Beach, Florida, U.S., February 15, 2025. REUTERS/Kevin Lamarque/File Photo
Retrofitting Qatari jet as Air Force One for Trump to cost hundreds of millions of dollars, Air Force says
WASHINGTON - It will cost hundreds of millions of dollars to retrofit a Qatari luxury Boeing 747 jetliner to fly as the new Air Force One, Air Force Secretary Troy Meink said on Thursday.
Last month, the U.S. military accepted the gift from Qatar to transport U.S. President Donald Trump.
Retrofitting the 13-year-old plane, which has a luxurious interior, will require significant security upgrades, communications improvements to prevent spies from listening in and the ability to fend off incoming missiles, experts say.
"It's probably less than $400 million to retrofit that aircraft," Meink told lawmakers during a Congressional hearing.
Democratic lawmakers have said it could cost more than $1 billion to retrofit the plane.
Meink said a lot of those costs are ones the Air Force would have experienced anyway.
"I think there has been a number thrown around, on the order of a billion dollars, but a lot of those costs associated with that are costs that we would've experienced anyway," he said, adding that this included buying additional platforms for training and spares.
Legal experts have questioned the scope of laws relating to gifts from foreign governments that aim to thwart corruption and improper influence. Democrats have also sought to block the handover.
Qatar has dismissed concerns about the aircraft deal. Trump has also shrugged off ethical concerns, saying it would be "stupid" not to accept the 747-8 jet.
The Air Force One program has faced chronic delays over the last decade, with the delivery of two new 747-8s slated for 2027, three years behind the previous schedule.
Trump toured the Qatari Boeing plane in February at a Florida airport. REUTERS
Join ST's Telegram channel and get the latest breaking news delivered to you.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Singapore, Asia markets muted as Trump announces new tariff rates on 14 countries
Singapore, Asia markets muted as Trump announces new tariff rates on 14 countries

Business Times

time3 minutes ago

  • Business Times

Singapore, Asia markets muted as Trump announces new tariff rates on 14 countries

[SINGAPORE] Markets in Asia-Pacific were muted on Tuesday (Jul 8) as US President Donald Trump announced higher tariff rates on 14 countries. Trump hit trading partners such as Malaysia (25 per cent), Indonesia (32 per cent), Cambodia and Thailand (36 per cent), as well as Laos (40 per cent). Japan and South Korea were both dealt with 25 per cent tariffs. 14 countries have been sent these letters so far, according to Reuters. Trump said these higher tariffs will take effect on Aug 1, after a three-month tariff pause that was to end on Wednesday. US markets have already slumped in response on Monday, with the Dow Jones Industrial Average tumbling more than 400 points, the S&P 500 falling about 0.8 per cent and the Nasdaq declining nearly 1 per cent. At market open, Singapore's Straits Times Index (STI) was trading 0.18 per cent down or 7.3 points lower at 4,024.56. Across the broader market, losers outnumbered gainers 93 to 78 with 114.93 million securities worth S$187.06 million traded. The trio of local banks were down. DBS lost 0.31 per cent to S$45.53. UOB was down 0.44 per cent at S$36.24, and OCBC edged down 0.12 per cent to S$16.55. The Hang Seng Index in Hong Kong rose 0.4 per cent to 23,993.76 in early trade. China's CSI 300 Index, comprising stocks traded on the Shanghai and Shenzhen exchanges, inched up 0.2 per cent to 3,974.65. In the rest of Asia, Japan's Nikkei 225 edged up 0.17 per cent, while South Korea's Kospi rose 0.45 per cent. Australia's ASX 200 was down 0.42 per cent.

Australia's Albanese confirms China visit as Beijing eyes trade deal review
Australia's Albanese confirms China visit as Beijing eyes trade deal review

Straits Times

time9 minutes ago

  • Straits Times

Australia's Albanese confirms China visit as Beijing eyes trade deal review

Sign up now: Get ST's newsletters delivered to your inbox FILE PHOTO: Australia's Prime Minister Anthony Albanese speaks at a Labor party election night event, after local media projected the Labor Party's victory, on the day of the Australian federal election, in Sydney, Australia, May 3, 2025. REUTERS/Hollie Adams/File photo SYDNEY - Australian Prime Minister Anthony Albanese said on Tuesday that he would visit China from this weekend as Beijing looks to build on partnerships on AI, green energy and the digital economy. "I look forward to going to Shanghai, Beijing and Chengdu, which I will visit from Saturday," Albanese told reporters in Hobart. He did not give more details about his trip. This would be Albanese's second visit to China as prime minister, after his re-election in May. Albanese's first visit to Beijing as Prime Minister in 2023 broke a seven-year freeze in diplomatic ties, and he emphasised the need for communication with China, despite differences between the two trading partners. Albanese's trip comes as China, its largest trading partner, suggested a review of the 10-year-old free trade agreement between the two countries to boost ties in agriculture and mining, and explore growth areas in new technologies. "We are willing to review the agreement with a more open attitude and higher standard," Xiao Qian, the Chinese ambassador to Australia, wrote in The Australian Financial Review on Monday. When asked if Australia would look to expand the free trade deal with China to include AI, Albanese said: "We will determine our policy." REUTERS

South Korea vows to fix regulations after Trump's new deadline
South Korea vows to fix regulations after Trump's new deadline

Business Times

time13 minutes ago

  • Business Times

South Korea vows to fix regulations after Trump's new deadline

[SEOUL] South Korea said it will fix rules and regulations to address US demand to lower non-tariff barriers after US President Donald Trump sent a letter to the Asian ally with a new August deadline to impose 25 per cent rates. 'We see this letter as a de facto extension of the grace period for imposing reciprocal tariffs until Aug 1,' South Korea's Industry Ministry said on Tuesday (Jul 8), vowing to accelerate negotiations to reach a mutually beneficial agreement. The 25 per cent across-the-board tariff announced by Trump on all shipments from South Korea is the same with the level which was set to be implemented on Jul 9, barring a deal. 'Please understand that these tariffs are necessary to correct the many years of Korea's Tariff, and Non-Tariff, Policies and Trade Barriers, causing these unsustainable Trade Deficits against the United States,' Trump said in the letter posted on social media Truth Social. South Korea's negotiations with the US have been hampered by six months of domestic turmoil following former president Yoon Suk-yeol's attempt to impose martial law. The administration of newly installed President Lee Jae-myung is now playing catch-up as multiple nations face US pressure to sign off on deals. The letter was unveiled just as South Korea's top trade and security officials were in Washington in a last-minute bid to avert the punitive tariffs. 'We will use this opportunity to advance key industries through the manufacturing renaissance partnership between our two countries, while also enhancing domestic systems and regulations – areas of particular interest to the US in its efforts to reduce trade deficits,' the ministry said. The US is South Korea's second-largest export destination after China, accounting for 18.7 per cent of outbound shipments worth US$127.8 billion last year. The Office of the US Trade Representative said the country ran a US$66 billion trade deficit with South Korea in 2024, its eighth-largest bilateral gap. That was bound to draw the attention of Trump, who has framed persistent trade shortfalls as a national emergency. Failure to secure a deal during the extended grace period is set to deepen the drag on a trade-dependent economy that shrank in the first quarter. Exports remain vital to South Korea's economy, equivalent to more than 40 per cent of gross domestic product last year. Its supplies of chips, smartphones, cars and batteries are also key elements for global supply chains. BLOOMBERG

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store