Trump Too Broke to fix His Plane???

Regular Member Posts : 7317 Join date : 2014-07-29

3-19-2021

Glory days of Trump's gold-plated 757 seem far away as plane sits idle at a sleepy airport.
Trump's personal Boeing 757 was always the crown jewel of his wealth -- the ultimate sign that he had made it.

He's used it as a backdrop for sleek photo shoots, campaign rallies, VIP tours, for shots of him eating his Big Macs and KFC, plated, with a knife and fork. Trump loved to show it off -- the customized cream-colored leather seats, gilded bathrooms, the seat buckles layered in 24-karat gold.

But today it sits idle on an airport ramp in Orange County, New York, about 60 miles north of Manhattan.

One engine is missing parts. The other is shrink-wrapped in plastic. The cost to fix and get it flyable could reach well into the high six-figures, a price-tag Trump doesn't appear to be dealing with right now.

Flight records accessed by CNN show the 757 hasn't been flown at all since Inauguration Day, when Trump's use of Air Force One ended, leaving him to less showy modes of transport.

A representative for the Trump Organization did not immediately return CNN's request for comment as to why the plane is not being used, nor has been fixed -- and whether or not Trump intends to get it in flying shape anytime soon.

A CNN camera crew saw Trump's plane parked on a fenced-off tarmac at the small upstate New York airport on Wednesday, about an hour and a half drive from Trump Tower. The choice to leave it outside at a northeastern airport, exposed to the elements, has baffled aviation experts who spoke with CNN.

Trump's 757 is seen at Stewart Airport in New York in March 2021. The right engine wrapped in plastic, while the left engine appears to be removed.
Trump rarely, if ever, admits to losing power.
With the 757 apparently out of commission, Trump is left with his much smaller corporate jet, at least for now.

When Donald Trump bought the used Boeing 757 airplane in 2010 from the late Microsoft billionaire Paul Allen, it swiftly became his favorite toy, as he liked to tell friends. Though it was already almost twenty years old, for the next decade, Trump lauded his plane.

He was picky about who got to fly on it, where they would sit and how they could move about, says another frequent flier. None of the regular travelers were willing to speak on the record for fear of retribution.

When he hit the campaign trail in earnest, the 757, aka "Trump Force One," became as much a promotional ploy as billboards or TV ads. Look how successful I am-- was the message Trump was sending to voters, sometimes parking it behind the stage at his rallies.
Trump's flash-and-cash boasting worked all the way to the White House, with many of his supporters lured by the informercial-like, almost hypnotic reel of planes, limos, homes, glamorous women, gold, and quasi-celebrity.

His gilded, high-flying brand may be the most valuable thing he owns. The New York Times found his personal brand strategy to be "the most successful part of the Trump business," as part of their September review of Trump tax returns.

But, like many Trump accoutrements crafted for the purpose of marketing, the reality of the giant jet was different behind the scenes. It was a money suck, a plane past its prime with decaying mechanics and exorbitant storage fees.

"Flying that thing was so expensive," says the former senior official. "I don't think people realized that just to get it up in the air and make one stop was literally tens of thousands of dollars."
The cost to fly a Boeing 757 is about $15,000 to $18,000 per hour, according to CNN aviation analyst David Soucie.

But that's when the plane can actually fly. Trump's 757 is nowhere near flight ready, according to an experienced pilot who saw it this week. The source declined to be identified.
"It's an older engine and parts availability is becoming a challenge so operating costs go up significantly," says Soucie. "Most airlines are retiring the 757 since more cost-effective models are now available."

The pricey extravagance of the jet may now be too much for Trump's finances to handle. His net worth has taken a tumble over the last few years. Trump is personally liable for debts and loans totaling $421 million, according to the New York Times reporting. Most of that debt comes due in the next four years.

Trump could use money in his political action committees to pay for the plane upgrades, or other expenses, experts say. "PACs are often used as slush funds," said Paul S. Ryan, an expert on campaign finance and a top lawyer at Common Cause, a good governance non-profit.

Trump could always just sell the plane. But unlike real estate, planes are depreciating assets, no matter how much gold plating they contain, and Trump's 757 is not worth nearly what it was when it rolled off the assembly line in 1991.

The 2013 Trump-sanctioned documentary about the plane says Trump paid $100 million for it. Even if he paid far less than that, similar 757's are currently up for sale at a market price of about $7 million - $10 million.

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Posts : 429 Join date : 2018-12-29

One day yuo hangdowns claim Trump is broke, the next day he's a billionare. Which the fuk one is it?
Spin and twist is all the left has, which is why Trump still stands a chance in 2024 to defy all the odds.
#BACKLASH

Subject: Re: Trump Too Broke to fix His Plane??? Sat May 22, 2021 3:34 am

Trump plans to restore his 'beautiful' Boeing 757 with Rolls-Royce engines and new paint job for future rallies
Tyler Sonnemaker, Business Insider
Fri, May 21, 2021, 7:54 PM

Trump Too Broke to fix His Plane??? 1aa133b922c6a067c84c4575347b840a

Trump Too Broke to fix His Plane??? 1aa133b922c6a067c84c4575347b840a

Donald Trump said Friday that he's fixing his private Boeing 757 and will use it for future rallies.

Trump said the plane will get Rolls-Royce engines and a new paint job.

The plane, dubbed "Trump Force One," has been sitting broken and unused in upstate New York.

Former President Donald Trump announced in a press release Friday that he's fixing his private plane ahead of future rallies.

"Many people have asked about the beautiful Boeing 757 that became so iconic during the Trump rallies," Trump said. "It is now being fully restored and updated and will be put back into service sometime prior to the end of the year."

Trump's Boeing 757, informally nicknamed "Trump Force One," has been parked at Stewart International Airport in New Windsor, New York, unused since President Joe Biden's Inauguration.

CNN previously reported that one of the plane's pricey Rolls Royce RB211 Turbofan engines was broken and had been removed from the plane awaiting repairs, which could cost hundreds of thousands of dollars.

Trump said the plane will soon be brought to a service facility in Louisiana for inspection and repairs, including updated Rolls-Royce engines, as well as a new paint job.

"When completed, it will be better than ever, and again used at upcoming rallies!" Trump said in the statement.

Trump frequently used the plane a prop for rallies during his 2016 presidential campaign.

During his presidency, Trump traveled on Air Force One.

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Non-Partisan Facts: https://usafacts.org

Trump Too Broke to fix His Plane??? 1Qk4U7p

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Regular Member Posts : 7317 Join date : 2014-07-29

Trump is up to his ridiculous hair in civil $$$ lawsuits
and
Lawyers to pay for criminal charges, also-
I doubt he'll have money to fix his plane-
it's nothing but Trump talk..he is so fuked.
He now faces more than a dozen high-profile lawsuits and investigations.
As of today, he has - 29 lawsuits against him
big $$$ put out for sure.

(a few cases/ 10 out of 29)

1. E. Jean Carroll Defamation and Federal Tort Claims Act Litigation

2. Summer Zervos Defamation Suit

3. Mary Trump Fraud Litigation

4. Panama Hotel Fraud and Tax Litigation

5. Doe v. The Trump Corporation Class Action

6. DC Civil Suit over Misuse of 2017 Inauguration Funds

7. Bennie Thompson Incitement Suit for Jan. 6 Capitol Attack

8. Eric Swalwell Incitement Suit for Jan. 6 Riots

9. Capitol Police Suit for Jan. 6 Riots

10. NAACP’s Legal Defense Fund Voting Rights Case for Post-Election Actions

11. New York Attorney General’s Criminal Investigations

12. Criminal Investigations into Trump’s Finances

13. DC AG Incitement Criminal Investigation

14. Fulton County, Georgia Criminal Election Influence Investigation

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Subject: Re: Trump Too Broke to fix His Plane??? Sat May 22, 2021 5:28 pm

Lawsuits have nothing to do with Trump's airplane.

Please try to stay on topic.

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Non-Partisan Facts: https://usafacts.org

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Regular Member Posts : 7317 Join date : 2014-07-29

The Wise And Powerful wrote:: Lawsuits have nothing to do with Trump's airplane.Please try to stay on topic.

The Money-- to repair/update it.
he will be chin deep in debt or serving time.
going through 29 lawsuits and the criminal charges
the judgments $$$ and lawyers etc will be a tremendous chunk of money..

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Subject: Re: Trump Too Broke to fix His Plane??? Sat May 22, 2021 9:38 pm

Temple wrote:

The Wise And Powerful wrote:: Lawsuits have nothing to do with Trump's airplane.Please try to stay on topic.

<SNIP>

Do try to pay attention. TIA

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Non-Partisan Facts: https://usafacts.org

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