The USAF Bargain-Shopped Undelivered Jets From Russia For Air Force One

Bankrupted Russian firm s jets may become Air Force One

Bankrupted Russian firm's jets may become Air Force One

Although the US Air Force (USAF) has made a decision to go ahead with its plans of buying two new aircraft to replace the current presidential transport, it still found a way to cut the cost of the $386.8 million price tag for each of the two 747s.

The planes had initially been ordered in 2013 by Russian airline Transaero but the firm went bust in 2015.

But the planes are going to cost quite a bit more than your average Boeing 747-8 - which has a sticker price of $386.8 million - since the USA military will need to outfit it with specific protections and capabilities for the President's use and protection. Boeing regularly sells a plane of the same kind for $390 million.

The 747s now flown as Air Force One are 747-200s, older models that started flying presidents in the early 1990s.

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"This deal is focused on providing a great value for the Air Force and the best price for the taxpayer", a Boeing spokesman said.

That modification, done to specifications set by the Air Force, Secret Service and the White House Military Office, is where numerous costs related to the new Air Force One and its backup will come into play. Bearing the famous designation 'Air Force One', the planes have become well known due to their distinctive white-and-blue livery. But later that year, the airline went bankrupt and was unable to pay for the planes. Sounds like a good deal to me.

Sirimanne said he thinks it's unlikely the Air Force would have paid more than $200 million for each plane.

The planes are expected to enter service between 2018 and 2022.

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