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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewBoeing and the Trump Administration struck a $3.9 billion deal in 2018 to replace the country's aging 747 presidential fleet with two new Air Force One planes. AdvertisementAt the time, the USAF provided a one-year buffer for the planes' delivery, pushing the second's delivery to as late as 2028. In 2022, the Wall Street Journal reported that continuing to fly the old fleet may cost taxpayers $390 million. The new VC-25B program, based on the 747-8i, will replace the Air Force's current VC-25A fleet.
Persons: , Dave Calhoun Organizations: Service, Boeing, Trump Administration, Air Force, Breaking Defense, Business, USAF, Business Insider, Wall Street Journal, Air Force's, Department of Defense
Cabinet Alberto Pinto is the design firm behind the interior of one of the world's largest private jets. Designing and implementing the interior of the ultra-luxurious Boeing jet took the firm four years to finish. AdvertisementThe 747-8i Boeing Business Jet, which is a VIP-configured variant of the civilian jumbo plane, is the world's largest private aircraft in active operation. The dual-level jumbo takes private flying to the next level as a flying palace capable of traversing time zones in the absolute pinnacle of luxury air travel. The list price of the -8i model went for about $400 million, according to the Business Jet Traveler, but the sale cost was undisclosed.
Persons: Alberto Pinto, Organizations: Boeing, Service, Boeing Business Jet, Air Force, Business Jet Locations: Eastern
BENGALURU, Feb 17 - The United States brought its most advanced fighter jet, the F-35, to India for the first time this week alongside F-16s, Super Hornets and B-1B bombers as Washington looks to woo New Delhi away from its traditional military supplier, Russia. The American delegation to the week-long Aero India show in Bengaluru, which ends on Friday, is the biggest in the 27-year history of the show and underlines the growing strategic relationship between the United States and India. Its state-owned weapons exporter Rosoboronexport had a joint stall with United Aircraft and Almaz-Antey, displaying miniature models of aircraft, trucks, radars and tanks. "Even if weapons sales aren't the cornerstone of the relationship, there is a cooperation and collaboration at the military level between India and the U.S.," he added. The United States is selective about which countries it allows to buy the F-35.
However, both VIP jets are being upgraded to the more efficient and longer-ranged 747-8i variant, though they will not be able to refuel in the air and the timeline for delivery has been pushed from 2024 to potentially 2028. Trump exiting Air Force One. Joe Raedle/Getty ImagesSource: DefenseOne, Boeing's new Air Force One jets are so late that the old ones may need to keep flying until 2028, costing taxpayers $340 million: report
Companies like The Family Film and Storyworth are capitalizing on this trend. One ghostwriting company is venturing into VR storytelling for luxury customers, charging $5,000. Andrew Gemmell, the founder of The Family Film. The Family Film charges $50,000 for an in-depth movie of a family's history. Social media, podcasts, and self-publishing platforms have also created ways for people to share their stories with a wide audience.
However, both VIP jets are being upgraded to the more efficient and longer-ranged 747-8i variant, though they will not be able to refuel in the air and the timeline for delivery has been pushed from 2024 to potentially 2028. Trump exiting Air Force One. Joe Raedle/Getty ImagesSource: DefenseOne, Boeing's new Air Force One jets are so late that the old ones may need to keep flying until 2028, costing taxpayers $340 million: report
Boeing's new Air Force One build is so behind schedule that taxpayers face a $340 million hit. The Air Force said the existing 747 jets may have to keep flying until 2028, per the WSJ. In July, the Air Force said that it didn't expect the first plane— which uses the call sign Air Force One when the President is aboard — to be ready until September 2027, per CNN. The Air Force said the delays could keep them flying as late as the 2028 presidential election, per the Journal. The existing planes cost $70 million more to operate each year than their replacements, according to the Journal.
Cabinet Alberto Pinto is the design firm behind the interior of one of the world's largest private jets, a Boeing Business Jet 747-8i. Based on Boeing's commercial passenger aircraft, the Boeing Business Jet product line consists of VIP-configured variants of existing aircraft. Each Boeing aircraft currently in production has its own BBJ variant from the smallest Boeing 737 to the largest 747. Famed French interior design firm Cabinet Alberto Pinto was tasked with creating the interior of one BBJ 747-8i, purchased for private use by a Middle Eastern businessman. Take a look inside the BBJ 747-8i, the largest aircraft project taken on by the firm.
Persons: Alberto Pinto, Merkel Organizations: Boeing Business Jet, 8i, Visit, Service, Boeing, United, US Air Force, Air Force, The Air Force, Boeing Business Jets Locations: Eastern, Wall, Silicon, timezones, Qatar, Kuwait, Turkey, United Arab Emirates, Trump, Americas, United States
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