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Trump takes 1st flight on Air Force One gifted by Qatar, but retrofitted using taxpayer dollars

U.S. President Donald Trump arrives at Air Force One on July 01, 2026 at Joint Base Andrews, Maryland. (Andrew Harnik/Getty Images)

(WASHINGTON) — President Donald Trump on Wednesday is taking the first ride on the newly retrofitted Air Force One 747, which was donated by the Qatari royal family.

Trump, taking the retrofitted jet to North Dakota, touted it as “maybe the greatest commercial plane ever built.”

“I said to Boeing, ‘What’s the best one?’ They said this is the best plane ever built, and you’re going to have the privilege of flying it, and I have a privilege also of flying it,” Trump told reporters before boarding the jet — which is approximately 14 years old — at Joint Base Andrews.

ABC News Chief White House Correspondent Mary Bruce, who is traveling with Trump on his trip, asked him about the use of taxpayer dollars to modify the luxurious plane, which likely only will be used by him.

“Well, it cost very little relative to what it would cost if we did it a different way,” Trump said.

The Qatari-gifted jet worth $400 million raised questions from some lawmakers and ethics experts over the unprecedented foreign gift. But Trump on Wednesday gave credit to the Qatari government.

“Frankly, we couldn’t build a plane like this because we wouldn’t be willing to spend the kind of money necessary. They spent top dollar,” the president said.

The U.S. Air Force has been modifying the jet in Texas since September to meet the security, communications and other needs to transport the president. The Air Force had estimated it would cost less than $400 million to retrofit the gift.

The plane is to be used as the new Air Force One until shortly before Trump leaves office, at which time ownership of the plane will be transferred to the Donald J. Trump Presidential Library Foundation, sources familiar with the proposed arrangement have told ABC News.

Boeing was already contracted by the United State government to build a new fleet of jets that would serve as the next-generation Air Force One, expected to be delivered in 2028 around the time Trump leaves office.

Trump on Wednesday said the gifted plane was needed, citing the age of the past jet.

“Our Air Force One was 35, 36 years old, and it would be parked next to the new ones like this, and it really didn’t look appropriate for our country. So we’re very proud of this,” Trump said.

Trump is traveling to North Dakota to participate in a Freedom 250 Train Ride and Welcome Ceremony and to tour the Theodore Roosevelt Presidential Library before delivering remarks in Medora.

“I’m excited about the first flight. It’s something nobody’s ever seen anything like it, even you people, with all your experience and all of your talent, you will never see anything like this,” Trump said just before his departure. “So, they just completed it. They made it appropriate for a president, that means the security and all of the different bells and whistles they put on. Very complex stuff, but it’s really quite something, and this is a plane that the United States of America should have.”

Inside the Air Force One

ABC’s Bruce, part of the press pool for the president’s visit to North Dakota, flew on the retrofitted plane. Reporters were not given a full tour on the flight to North Dakota and remained confined to the press cabin.

The interior color scheme is soft beige and tan with some gold hues with dark wood accents. The carpet is beige with dark tan and cream stripes.

The press cabin contains 14 lie-flat pods, including large tan leather seats with luxury features such as lumbar supports and massage functions. Televisions on the back of each seat played a cable channel of the White House’s choosing. During Wednesday’s flight, it aired Fox News.

White House spokesperson Steven Cheung also shared pictures of the interior on his X account.

Copyright © 2026, ABC Audio. All rights reserved.

Trump Media says Wall Street firms are paying up to $100K for early access to Trump posts

(CNN) — Wall Street has begun to embrace Trump Media and Technology Group’s newest product: instant access to President Donald Trump’s Truth Social posts.Truth Social owner Trump Media, in its first-ever earnings call with analysts Monday evening, said it has signed more than 10 customer agreements, mostly with high-frequency trading companies. Trump Media said those customers are willing to pay between $60,000 and $100,000 a month to gain access to the Truth Social data feed, known as an application programming interface (API). That direct link gives Wall Street a leg up over retail traders by delivering Truth Social posts split seconds faster than the public sees them.For high-frequency trading machines, milliseconds can mean serious money. Their algorithms look for signs that they should buy or sell, and by the time regular traders notice, it’s often too late to take advantage.Truth Social’s most-followed and important poster, Trump, often announces policy decisions on his company’s platform – sometimes even before his own administration is aware. Instant access to proclamations about tariff policy, national security and executive orders that affect the economy could send oil, bonds, stocks or other assets sharply higher or lower.Spending tens of thousands of dollars for speedy access to those market-moving announcements could be a no-brainer for high-frequency trading firms. And apparently, it’s a profitable venture for Trump and his social media company, too.“We recognized a modest amount of revenue from these agreements today,” said Kevin McGurn, interim CEO of Trump Media, on a conference call with analysts. “We believe this can grow into a meaningful, durable contributor.”McGurn announced that the company is in active conversations to grant Truth API access to news organizations and AI companies, including hyperscalers that provide huge amounts of computing powered by massive data centers and large language models.Last month, Democratic Sens. Elizabeth Warren and Adam Schiff urged federal regulators to investigate whether Trump Media’s plan to give Wall Street firms access to Trump’s Social Media posts is legal.The lawmakers described the plan as a “shocking abuse of the office of the President” and called for the Securities and Exchange Commission to determine if the arrangement violates federal securities law.“Early access to President Trump’s social media posts for Wall Street firms, wealthy insiders and high-frequency traders will erode investor confidence in basic fairness of the markets,” Warren and Schiff wrote in a letter to SEC Chair Paul Atkins.Small traffic, big lossesTrump Media launched in 2021 with ambitions of creating a conservative social media counterweight to Big Tech. However, five years later and despite Trump using Truth Social as his principal means of presidential communication, the platform remains a very tiny player that, by some measures, is getting even smaller.In July, Truth Social attracted just 261,300 daily active users, down 40% year over year, according to data shared with CNN by research firm Similarweb.Despite a modest decline in traffic, X (formerly Twitter) averaged 123.5 million daily active users in July – or nearly 500 times more than Truth Social.That small amount of traffic and minuscule advertising revenue led to just $1.7 million in sales last quarter – and a $238 million loss. That was significantly larger than the $20 million loss the company reported in the same quarter a year earlier.The company has never reported a quarterly profit.The-CNN-Wire™ & © 2026 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
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