By Valentine Amanze, Online Editor
The U.S. President, Donald Trump, is set to sell one of his private helicopters worth more than $1 million.
This is coming on the heels of Trump’s failure to get a second-term as the U.s. president in the just concluded presidential election, which he lost to Joe Biden.
The one-term president has already listed for sale the Sikorsky S-76B, which he used during his 2016 run to the White House.
However, analysts argue that the time of putting the helicopter for sale is an indication that the recent election ate deep into his private pocket, coupled with the effect of coronavirus (COVID-19) on his private companies.
The helicopter, which is painted in Trump’s familiar corporate colours of black and red stripes, is currently in storage in New Jersey and was first listed back in July, according to Independent report.
It also reported that the helicopter still carries its U.S. civil registration code of N76DT but has not been flown in by Trump since he entered the White House in 2017.
Recall that as president, Trump flies on Air Force One and the presidential helicopter, Marine One.
The official listing on Aero Asset and Jet Edge Partners does not give a price for the helicopter but it was valued at $875,000 back in 2016, according to the New York Times.
But the price could reach as much as $1.5 million with the helicopter’s links to Trump, according to autevolution.com.
Trump reportedly owns three Sikorsky S-76B helicopters along with several other private jets.
The VIP set-up comes with leather seats for six passengers, floor to ceiling mahogany finishes, a fridge, drinks cabinet and a soundproofed cabin.
The helicopter is the same make and model as the one involved in the fatal crash that killed basketball legend, Kobe Bryant, in January 2019, Independent reported.
When Trump leaves office in January it will also see an end to his permission to land helicopters at his Mar-a-Lago estate in Florida.
Authorities say that the perk was only approved for his time in the White House and will end on January 20 2021.