AMLO’s Airline to Take Off With $4 Billion, 10 Jets
- Boeing to deliver 737-800 jets in September, October
- Ticket sales of new airline could start as soon as September
Andres Manuel Lopez Obrador.
Photographer: Alejandro Cegarra/BloombergThis article is for subscribers only.
Mexico’s new military-run airline will get an investment of 4 billion pesos (about $233.6 million) and plans to start operations with Boeing Co. jets, ramping up a plan by President Andres Manuel Lopez Obrador to bolster the defense department’s business projects.
The airline has initially leased 10 of Boeing’s 737-800 planes, said Defense Minister Luis Cresencio Sandoval, with three deliveries scheduled for late September and the rest for late October. Ticket sales could start as soon as September, he said.