In Trump’s World, Jets Are Key to Unlocking Political Favors

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(Bloomberg) -- President Donald Trump’s long-held fascination with the world of aviation is proving a useful tool for governments and companies seeking to win his favor.

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The US president is a noted aviation buff — branding his personal Boeing 757 “Trump Force One” and seeking to acquire a Qatari luxury jet to serve as a the new presidential aircraft. The latter is a prime example of the transactional nature of Trump’s presidency, a dynamic that was on full display during his tour of Saudi Arabia, Qatar and the United Arab Emirates.

On his first day in the region, Saudi Arabia’s wealth fund ordered Boeing Co. aircraft in a deal valued at about $4.8 billion. During his next leg Wednesday in Doha, national carrier Qatar Airways is poised to place a major order for large aircraft from the US planemaker.

As one half of the global duopoly with Airbus SE for large commercial planes, Boeing represents a powerful emblem of US manufacturing prowess. That’s made the company a conduit for American economic interests abroad, but also a target from China or the European Union as they aim to extract trade concessions from Trump.

“Boeing is the United States’ largest exporter and aerospace defense is a competitive advantage for the country,” said George Ferguson, an aviation analyst at Bloomberg Intelligence. “We believe purchases of Boeing planes will be included in many of the tariff negotiations.”

The president flew into Saudi Arabia on Tuesday aboard Air Force One, a nearly 40-year-old plane he’s derided as urgently needing an upgrade. As Boeing struggles to complete the work on a new pair of jets, the president’s eyes have fallen on another 747-8 under Qatari ownership to replace it for free on a temporary basis.

Accepting a gift from the cash-rich country on behalf of the US Defense Department is an easy decision for Trump, who said Monday he would “never be one to turn down that kind of an offer.”

But critics of the plan, including some of his fellow Republicans, say it raises ethical, legal and security concerns — not to mention the risk of subjecting one of the signature emblems of the US presidency to self-inflicted scandal.

The aircraft, previously owned by a senior Qatari politician, is outfitted with luxury trimmings much to Trump’s taste. The president himself toured the jet a few weeks ago when it made a stop in West Palm Beach. Trump has said the jumbo jet could serve as a stop-gap while Boeing works to complete the other models, which the company aims to deliver around 2027.