The president of Mexico is selling his equivalent of Air Force One.
In a move to rid the federal government of corruption, newly-elected President Andres Manuel Lopez Obrador said at a rally that he would be “selling all the planes and helicopters that the corrupt politicians used,” according to Reuters.
The Boeing 787 Dreamliner flew to California on Monday, where it will begin the process of being sold. It is worth an estimated $218 million but it is yet unclear when the aircraft will be available for purchase.
In addition to the former presidential jet, the Mexican government will also sell 60 government planes and 70 government helicopters, the nation’s finance minister said at a press conference. Obrador has said that he will fly coach in commercial planes to save money.
The former presidential jet — no, it’s not called Air Force Uno — comes equipped with several luxurious meeting rooms, a presidential bedroom (complete with marble-lined bathroom), several flat-screen TVs and security equipment. The jet was ordered in 2012 under President Felipe Calderón for $368 million, according to Associated Press. It was delivered in 2016 to President Enrique Pena Nieto.
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Aviation analysts have deemed that the sale of the aircraft will pose a financial loss to the country. It’s estimated that the aircraft could be purchased for $81.6 million by a commercial airline or $142.4 million by a private buyer.
The estimated losses do not take into account the cost of operating private flights for the president — nor the amount of security that will be necessary for him to fly commercial.