Mexico Set for Loss on AMLO Sale of $219 Million Dreamliner
- Marketing the jetliner will be ‘very challenging,’ Ascend says
- Country’s new president sees the Boeing plane as too luxurious
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Mexican President Andres Manuel Lopez Obrador shouldn’t expect a windfall from his decision to sell the Boeing Co. 787 Dreamliner that has transported his predecessor since 2016.
The so-called V.V.I.P. -- very, very important person -- aircraft is likely to generate a multimillion-dollar loss on the untested secondary market for customized 787s, according to an analysis by Flight Ascend Consultancy. Based on that report, Mexico will probably get about $76 million less than it paid even in a best-case scenario.