Trump Gets Down to Business on Air Force One, SoftBank

Trump Gets Down to Business on Air Force One, SoftBank
President-elect Donald Trump stands with SoftBank Group Corp. founder and Chief Executive Officer Masayoshi Son in the lobby of Trump Tower in New York on Dec. 6, 2016. TIMOTHY A. CLARY/AFP/Getty Images
The Associated Press
Updated:

NEW YORK—President-elect Donald Trump turned businessman-in-chief on Dec. 6, demanding the government cancel a multibillion-dollar order for new presidential planes and then hailing a Japanese company’s commitment to invest billions in the U.S.

Six weeks before taking office, Trump is telegraphing that he'll take an interventionist role in the nation’s economy, as well as play showman when he sees a chance. The former celebrity businessman’s declaration about Air Force One caused manufacturer Boeing’s stock to drop temporarily and raised fresh questions about how his administration—not to mention his Twitter volleys—could affect the economy.

“The plane is totally out of control,” Trump told reporters in the lobby of Trump Tower. “I think Boeing is doing a little bit of a number. We want Boeing to make a lot of money, but not that much money.” Earlier he had tweeted that the deal’s costs were “out of control, more than $4 billion. Cancel order!”

Not long after his first appearance, Trump returned to the lobby with Masayoshi Son, the CEO of SoftBank, a massive telecommunications company that counts Sprint among its holdings. Trump pointed proudly to Son’s commitment to invest $50 billion in the United States, which Trump said could create 50,000 jobs.

President-elect Donald Trump pauses with Masayoshi Son, the chief executive of SoftBank, at Trump Tower in New York City on Dec. 6, 2016. Trump announced that SoftBank has agreed to invest $50 billion in the United States and create 50,000 new jobs. (Spencer Platt/Getty Images)
President-elect Donald Trump pauses with Masayoshi Son, the chief executive of SoftBank, at Trump Tower in New York City on Dec. 6, 2016. Trump announced that SoftBank has agreed to invest $50 billion in the United States and create 50,000 new jobs. Spencer Platt/Getty Images

Air force One, with President Barack Obama aboard, prepares to take off from Andrews Air Force Base, Md. on Dec. 6, 2016. President-elect Donald Trump wants the government's contract for a new Air Force One canceled. (AP Photo/Susan Walsh)
Air force One, with President Barack Obama aboard, prepares to take off from Andrews Air Force Base, Md. on Dec. 6, 2016. President-elect Donald Trump wants the government's contract for a new Air Force One canceled. AP Photo/Susan Walsh

Boeing responded to Trump Tuesday in a statement: “We are currently under contract for $170 million to help determine the capabilities of these complex military aircraft that serve the unique requirements of the president of the United States. We look forward to working with the U.S. Air Force on subsequent phases of the program allowing us to deliver the best planes for the president at the best value for the American taxpayer.”

The $170 million figure is just for a portion of the research and development efforts.

Trump now uses his own plane, a Boeing 757, which he has outfitted with white leather and gold, a large flat-screen television and a bedroom. But as president it is expected that he would travel aboard the Air Force jet, which is equipped with special safety, defensive and communications equipment. Air Force One also has seating for reporters; Trump generally does not allow the press on his own plane.

Late Tuesday, Trump will be using his own 757 to travel to the second stop of his post-election “thank you” tour, in North Carolina, less than a week after an Ohio appearance that felt more like a raucous campaign stop than a traditional speech by a president-to-be.

Retired Gen. James Mattis, who Trump announced as his pick for secretary of defense, at last week’s rally, is to appear with Trump at the evening event in Fayetteville.

Later this week there will be rallies in Iowa and Michigan. And on Saturday, Trump will attend the 117th annual Army-Navy football game. The game between the two military academies often draws the commander in chief; both Barack Obama and George W. Bush have attended in recent years.

Before leaving for North Carolina Tuesday, Trump held a number of meetings in New York, including with Rex Tillerson, the CEO of ExxonMobil; Iowa Gov. Terry Branstad, who was meeting about a diplomatic post, and radio host Laura Ingraham who is being considered for press secretary.