Market Analysis: For Trump, who has long been obsessed with the aviation world, the key to winning his favor is airplanes

Former U.S. President Trump’s long-standing obsession with aviation has proven to be an effective tool for governments and businesses to win his favor. The former U.S. President is a well-known aviation enthusiast, having named his private Boeing 757 "Trump One," and sought to acquire a luxury jet from Qatar as a new presidential aircraft. On the first day of his visit to the region, Saudi Arabia's wealth fund ordered planes from Boeing, with a deal valued at approximately $4.8 billion. He visited Doha on Wednesday, and Qatar Airways is also preparing to place a large aircraft order with the American manufacturer. The President flew to Saudi Arabia on Air Force One on Tuesday, a plane that has been in service for nearly 40 years. As Boeing struggles to deliver new aircraft, Trump has set his sights on another 747-8 from Qatar, hoping to receive it for free as a transitional presidential aircraft. For Trump, accepting such a generous gift from this wealthy nation on behalf of the U.S. Department of Defense is effortless; he stated on Monday that he "would never turn down such an offer."