January 14, 2020

Mexico Doesn’t Know What to Do With Its Presidential Dreamliner
(Bloomberg) -- A state-of-the-art $130 million presidential Boeing Co. 787 Dreamliner is becoming a headache for the government of Andres Manuel Lopez Obrador.Mexico is flying back the luxurious aircraft from California after failing to sell it for over a year, Lopez Obrador said Tuesday in his daily press conference, adding that they are rethinking options to get rid of the plane that he has deemed as too ostentatious.AMLO, as the Mexican president is known, put the Dreamliner on the block right after his inauguration in December 2018, choosing to fly commercial airlines instead to make a point about his frugal government style. The plane was flown to a Boeing hangar in Victorville, where the government has been paying maintenance and rent fees while trying to sell it.A dozen potential bidders surfaced last year but no deal was closed, Jorge Mendoza, chief executive officer of state bank Banobras, which is overseeing the sale process, said at the same conference. The plane has a market value of $130 million, Mendoza said, down from the $219 million that Mexico agreed to pay when it ordered it in 2012.Read More: Mexico Set for Loss on AMLO Sale of $219 Million DreamlinerLopez Obrador said he even offered the plane to U.S. President Donald Trump and agreed to receive goods in exchange, to no avail.“We give them the plane, they can pay us in kind. We need X-rays, ambulances, tomographs, laboratories,” he said. “We didn’t get an answer.”The government is now open to renting the plane or splitting ownership among 12 holders, AMLO said, urging Mexicans to make offers for the plane and other aircraft, including helicopters and Gulfstreams, that the government is auctioning. In the meantime, the Air Force will keep the Dreamliner in custody.AMLO has repeatedly criticized the purchase of the plane as too lavish for the leader of a country with millions living in poverty. The president, who has yet to make his first international trip as head of state, also recently argued that the aircraft is too big and expensive for his traveling schedule, given that he can reach most locations in Mexico in less than two hours with commercial flights.\--With assistance from Lorena Rios and Andrea Navarro.To contact the reporter on this story: Cyntia Barrera Diaz in Mexico City at cbarrerad@bloomberg.netTo contact the editor responsible for this story: Juan Pablo Spinetto at jspinetto@bloomberg.netFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Related Stories
Latest News
Top news around the world
Coronavirus Disease

Coronavirus disease (COVID-19) is an infectious disease caused by a newly discovered coronavirus.

Most people infected with the COVID-19 virus will experience mild to moderate respiratory illness and recover without requiring special treatment. Older people, and those with underlying medical problems like cardiovascular disease, diabetes, chronic respiratory disease, and cancer are more likely to develop serious illness.

Around the World

Celebrity News

> Latest News in Media

Watch It
Emily Ratajkowski is pregnant, expecting first child with Sebastian Bear-McClard | Page Six News
October 26, 2020
u4vyoqHQk20
Wendy Williams’ former DJ speaks out amid concerns about her behavior, health | Page Six News
October 26, 2020
oUorjDK9OtA
Why Adele’s ‘SNL’ skit about African tourism is under fire | Page Six Celebrity News
October 26, 2020
ipbQP3JPZ-E
Nicole Kidman & Hugh Grant on Becoming a 'Sexy' Couple for 'The Undoing'
October 26, 2020
VQz_8ZvaSb0
Aloe Blacc: Live from My Den
October 23, 2020
-ol2cCTBZeI
Tyler Perry on Producing During the Pandemic and Weighing In on Politics
October 23, 2020
GCtEmmdmAz0
Exonerated CP5 Member Raymond Santana Not Buying Trump's 'Least Racist' Claim | TMZ
October 27, 2020
ijRPzYoP9dQ
Danny Trejo Says Ex-Cons Should Be Able to Vote, Rips Trump's Prison Reform | TMZ
October 24, 2020
XhKoXhS3fC0
Best of TMZ on TV This Week: 10/19 - 10/23
October 23, 2020
w6FVKfRQaRY
Jen's Pumpkin Probs, Is It Hemsworth It? & Kate's Next Man
October 27, 2020
e8fOoLOn7tE
Emily Ratajkowski Reveals Pregnancy in "Vogue" | E! News
October 26, 2020
NfNg-cO239g
Diplo Explains Living Situation With 19-Year-Old TikTok Star | E! News
October 26, 2020
Fa5F-TcJC3c
TV Schedule
Late Night Show
Watch the latest shows of U.S. top comedians

Sports

Latest sport results, news, videos, interviews and comments
Latest Events
26
Oct
ITALY: Serie A
AC Milan - Roma
26
Oct
ENGLAND: Premier League
Burnley - Tottenham Hotspur
26
Oct
GERMANY: Bundesliga
Bayer Leverkusen - Augsburg
26
Oct
GERMANY: Bundesliga
Bayer Leverkusen - Augsburg
26
Oct
SPAIN: La Liga
Levante - Celta Vigo
26
Oct
SPAIN: La Liga
Levante - Celta Vigo
25
Oct
ENGLAND: Premier League
Arsenal - Leicester City
25
Oct
ITALY: Serie A
Juventus - Verona
25
Oct
ITALY: Serie A
Benevento - Napoli
25
Oct
ENGLAND: Premier League
Southampton - Everton
25
Oct
SPAIN: La Liga
Real Sociedad - Huesca
25
Oct
GERMANY: Bundesliga
Wolfsburg - Arminia Bielefeld
25
Oct
GERMANY: Bundesliga
Werder Bremen - Hoffenheim
25
Oct
ENGLAND: Premier League
Wolves - Newcastle United
25
Oct
SPAIN: La Liga
Getafe - Granada CF
25
Oct
ITALY: Serie A
Fiorentina - Udinese
25
Oct
SPAIN: La Liga
Cadiz - Villarreal
25
Oct
ITALY: Serie A
Parma - Spezia
25
Oct
SPAIN: La Liga
Real Valladolid - Alaves
25
Oct
ITALY: Serie A
Cagliari - Crotone
24
Oct
ENGLAND: Premier League
Manchester United - Chelsea
24
Oct
SPAIN: La Liga
Barcelona - Real Madrid
24
Oct
GERMANY: Bundesliga
Bayern Munich - Eintracht Frankfurt
24
Oct
GERMANY: Bundesliga
Borussia Dortmund - Schalke
24
Oct
ENGLAND: Premier League
Liverpool - Sheffield United
24
Oct
SPAIN: La Liga
Atletico Madrid - Real Betis
24
Oct
ENGLAND: Premier League
West Ham United - Manchester City
24
Oct
ITALY: Serie A
Genoa - Inter Milan
24
Oct
GERMANY: Bundesliga
Union Berlin - SC Freiburg
24
Oct
GERMANY: Bundesliga
RB Leipzig - Hertha Berlin
24
Oct
ENGLAND: Championship
Huddersfield - Preston NE
24
Oct
ENGLAND: Championship
QPR - Birmingham
24
Oct
ENGLAND: Championship
Bristol City - Swansea City
24
Oct
ENGLAND: Championship
Reading - Rotherham
24
Oct
ENGLAND: Championship
Cardiff City - Middlesbrough
24
Oct
ENGLAND: Championship
Coventry - Blackburn
24
Oct
ENGLAND: Championship
Sheffield Wednesday - Luton
24
Oct
ENGLAND: Championship
Millwall - Barnsley
24
Oct
ENGLAND: Championship
Stoke City - Brentford
24
Oct
ENGLAND: Championship
Norwich City - Wycombe Wanderers
24
Oct
ENGLAND: Premier League
Fulham - Crystal Palace
24
Oct
ITALY: Serie A
Lazio - Bologna
24
Oct
SPAIN: La Liga
Sevilla - Eibar
24
Oct
SPAIN: La Liga
Osasuna - Athletic Bilbao
21
Oct
CHAMPIONS LEAGUE: Group stage, Group B
Inter Milan - Borussia Monchengladbach
21
Oct
CHAMPIONS LEAGUE: Group stage, Group D
Ajax - Liverpool
20
Oct
CHAMPIONS LEAGUE: Group stage, Group H
PSG - Manchester United
20
Oct
CHAMPIONS LEAGUE: Group stage, Group G
Barcelona - Ferencvaros
18
Oct
ITALY: Serie A
Roma - Benevento
18
Oct
ENGLAND: Premier League
Tottenham Hotspur - West Ham United
17
Oct
ENGLAND: Premier League
Manchester City - Arsenal
17
Oct
ITALY: Serie A
Inter Milan - AC Milan
17
Oct
GERMANY: Bundesliga
Arminia Bielefeld - Bayern Munich
17
Oct
ENGLAND: Premier League
Newcastle United - Manchester United
17
Oct
SPAIN: La Liga
Getafe - Barcelona
17
Oct
ITALY: Serie A
Crotone - Juventus
17
Oct
SPAIN: La Liga
Real Madrid - Cadiz
Find us on Instagram
at @feedimo to stay up to date with the latest.
Featured Video You Might Like
zWJ3MxW_HWA L1eLanNeZKg i1XRgbyUtOo -g9Qziqbif8 0vmRhiLHE2U JFCZUoa6MYE UfN5PCF5EUo 2PV55f3-UAg W3y9zuI_F64 -7qCxIccihU pQ9gcOoH9R8 g5MRDEXRk4k
Copyright © 2020 Feedimo. All Rights Reserved.