Thursday, June 13, 2019

Mexican President pledges to use profits from sale of presidential plane to fund curbing illegal migration

Mexican President Andres Manuel Lopez Obrador has pledged to use profits from the sale of his presidential plane to fund efforts to curb illegal migration.

The move comes after Mexico and the US reached a deal to avoid US tariffs in exchange for Mexico doing more to halt Central American migration to the US.

During his campaign, the leftist leader pledged to sell the plane and use the money to help poorer communities.

He said the estimated value of the Boeing 787 Dreamliner is $150m (£120m).

During the presidential campaign in 2018, Mr Lopez Obrador - who is known in Mexico by his initials AMLO - pledged to sell the plane, which was originally purchased for $218m.

He told supporters that he would fly commercially instead, and followed through on that promise only days after taking office.

The plane has been on sale for the past several months and has been sitting in a California warehouse. Mexico is also seeking to sell 60 government-owned planes and 70 helicopters.