Trump sells off $10m jet to major megadonor as he owes millions in legal fees and judgements

Donald Trump has sold off one of his private jets to a Republican megadonor as he owes more than half a billion dollars in legal judgements and fees.

Federal Aviation Administration records show that the registration of the plane, a 1997 Cessna jet, was transferred from the Trump Organization’s DT Air Corp to a Texas entity called MM Fleet Holdings LLC on 13 May, The Daily Beast first reported.

The plane is thought to be worth somewhere in the region of $10m, according to evoJets.

MM Fleet Holdings LLC is tied to Iranian-American construction and development tycoon, Mehrdad Moayedi, who lives near Dallas and runs Centurion American Custom Homes, according to state records.

Mr Moayedi has been a major Republican donor for some time, giving a combined $245,000 to Trump Victory – a committee that raised money for the Trump campaign, the Republican National Committee, and state Republican parties – in 2019 and 2020.

He has also given hundreds of thousands of dollars to other Republican candidates and committees, including the RNC, Senator Ted Cruz, former South Carolina governor Nikki Haley, as well as Arizona independent Kyrsten Sinema, who he made a maximum primary donation of $2,900 to in 2022.

Mr Trump previously boasted about his Cessna private jet on the Trump Aviation website, writing that the aircraft is a “very special feature within the Trump Aviation fleet.”

“This high speed jet is often referred to as a ‘rocket in the sky,’ flying at speeds up to Mach .92 and altitudes as high as 51,000 feet. It is one of the fastest in the world and allows for entry into smaller airports,” the site claimed, adding that the jet is outfitted with “top of the line interiors” that can comfortably seat nine passengers, and that “the