Former United States president Donald Trump has sold his Cessna 750, N725DT (msn 750-0023), to a Republican Party megadonor, a Federal Aviation Administration (FAA) filing has revealed.

The aircraft was previously formally owned by Trump’s DT Air Corp and was manufactured in 1997. The fixed-wing multi-engine jet’s new owner is MMFleet Holdings LLC, a Dallas, Texas company linked to Mehrdad Moayedi, an Iranian-American businessman who donated around USD250,000 to Trump’s presidential election campaign in 2019 and 2020. Moayedi, who runs Centurion American Custom Homes, also previously donated to other Republican candidates such as Senator Ted Cruz and former South Carolina governor Nikki Haley.

The aircraft is believed to be worth around USD10 million, private aviation firm evoJets estimates.

ch-aviation fleets data shows that the aircraft was initially operated by NetJets Aviation, moving on to Cessna Aircraft Company in 2011 and the following year to UFP Industries Its current registration, which features Trump’s initials, dates from November 2012. Since then, the aircraft has been operated by DJT Operations and DT Endeavor. The former’s fleet currently consists of Trump’s 33-year-old B757-200, N757AF (msn 25155), which bears his name on the livery, while the latter operates no aircraft following the sale.

The former US president’s decision to sell the business jet comes as he faces increasing legal fees in several cases in US courts while he battles for a second term in the White House.