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dcajet
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Mexico's Presidential 787 News and Discussion Thread

Mon Dec 03, 2018 5:20 pm

B 787-8 TP-01 XC-MEX "José Ma. Morelos y Pavón" is being flown right now to VCV for storage and sale. Its last mission was to fly the Mexico's delegation to Buenos Aires for this past weekend's G20.

Mexico's new president has pledged austerity and one of the casualties is the 787.

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Last edited by SQ22 on Tue Jan 28, 2020 7:50 am, edited 1 time in total.
Reason: Title updated
 
upperdeckfan
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Re: Mexico's presidential 787 being put into storage pending sale

Mon Dec 03, 2018 5:49 pm

Austerity would be to fly commercial airlines but if he is going to use an old gas guzzler a la 757 or A310 then it is a questionable move
 
bennett123
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Re: Mexico's presidential 787 being put into storage pending sale

Mon Dec 03, 2018 5:55 pm

Do they have an A310.
 
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ClassicLover
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Re: Mexico's presidential 787 being put into storage pending sale

Mon Dec 03, 2018 6:11 pm

I'm sure Germany could use it since their Airbus A340 keeps breaking down.
 
dcajet
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Re: Mexico's presidential 787 being put into storage pending sale

Mon Dec 03, 2018 6:22 pm

I have my doubts whether or not this plane will attract much interest on the second hand VIP market. It is highly customized as a presidential transport. meaning any re-conversion is bound to be rather expensive. And as the 6th 787 off the production line, this is one of the "terrible teens" 787s, with their known issues with weight.
 
Chemist
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Re: Mexico's presidential 787 being put into storage pending sale

Mon Dec 03, 2018 6:27 pm

Perhaps it will be a write off.
 
ikramerica
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Re: Mexico's presidential 787 being put into storage pending sale

Mon Dec 03, 2018 6:30 pm

Jimmy Carter stripped down and reappointed the SAM27000 to an “austere” level at some expense. I wonder how much this move will cost Mexico in the end.
 
KLDC10
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Re: Mexico's presidential 787 being put into storage pending sale

Mon Dec 03, 2018 6:32 pm

Could be a nice pickup for the USAF as Vice-Presidential or Cabinet transport. It's already configured for government use, and President Trump would be able to hype up a good deal. Of course, the modifications made to this 787 may not meet the standards set by the USAF and it may therefore require further work.

Aside from that; the sale of this aircraft is a short-sighted move to please his base.
 
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Polot
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Re: Mexico's presidential 787 being put into storage pending sale

Mon Dec 03, 2018 6:38 pm

dcajet wrote:
I have my doubts whether or not this plane will attract much interest on the second hand VIP market. It is highly customized as a presidential transport. meaning any re-conversion is bound to be rather expensive. And as the 6th 787 off the production line, this is one of the "terrible teens" 787s, with their known issues with weight.

The weight issue is rather meaningless for VIP operators.
 
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seabosdca
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Re: Mexico's presidential 787 being put into storage pending sale

Mon Dec 03, 2018 6:46 pm

This is a PR move IMO. It will be listed for sale and pulled from use. The price will likely not be favorable. It will sit, and eventually a future administration will put it back into use.

If it is sold, it will be to a leader of a developing country who wants to show up to UN events in a fancy airplane.

The fact that it's LN 6 really doesn't matter here, because it can easily handle VIP payloads, and utilization will be low enough that fuel and maintenance won't be substantially higher than they would for any other 787.
 
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xaapb
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Re: Mexico's presidential 787 being put into storage pending sale

Mon Dec 03, 2018 7:05 pm

upperdeckfan wrote:
Austerity would be to fly commercial airlines but if he is going to use an old gas guzzler a la 757 or A310 then it is a questionable move


Believe it or not he is actually flying commercial airlines, yesterday he flew to Veracruz on AM or Aeromar not sure.

Greetings
 
dcajet
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Re: Mexico's presidential 787 being put into storage pending sale

Mon Dec 03, 2018 7:05 pm

seabosdca wrote:
It will sit, and eventually a future administration will put it back into use.


I believe Mexican presidents stay in office for 6 years. A long time to be parked out there....
 
rrapynot
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Re: Mexico's presidential 787 being put into storage pending sale

Mon Dec 03, 2018 7:20 pm

I don't have a source but I believe this aircraft was especially expensive because it was purchased as part of a package that included maintenance and upgrades etc for a period of 20 years or so. Maybe cutting their losses now any avoiding the expensive annual payments is the plan?
 
lavalampluva
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Re: Mexico's presidential 787 being put into storage pending sale

Mon Dec 03, 2018 7:51 pm

I'm sure some airline will pick it up. There's quite a wait list for a 787. And I'm sure this one has minimal time used on it.
 
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seabosdca
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Re: Mexico's presidential 787 being put into storage pending sale

Mon Dec 03, 2018 8:21 pm

This would not be a good frame to integrate into an airline fleet. It's overweight, restricted to a lower MTOW than production frames, and will be different from later production frames from a maintenance standpoint. If there is a buyer, it's a VIP operator, probably a governmental one given how this aircraft is already equipped.
 
EBJ68
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Re: Mexico's presidential 787 being put into storage pending sale

Mon Dec 03, 2018 8:56 pm

I'm curious to know what their asking price is. That will determine whether it sits or sells rather quickly. If he's serious about austerity and is looking for a means to bring in money that can be better used elsewhere, he "might" let it go for an appealing price. Somebody's new corporate jet, perhaps?
 
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KrustyTheKlown
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Re: Mexico's presidential 787 being put into storage pending sale

Mon Dec 03, 2018 9:58 pm

EBJ68 wrote:
I'm curious to know what their asking price is. That will determine whether it sits or sells rather quickly. If he's serious about austerity and is looking for a means to bring in money that can be better used elsewhere, he "might" let it go for an appealing price. Somebody's new corporate jet, perhaps?


Being that the new president just burned upwards $6B USD by canceling the new Mexico city airport just so that one of his cronies can build a different airport, I'm pretty sure he will apply a huge discount to the 787 to whomever gives him an appropriate bribe.
 
Venatt
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Tue Dec 04, 2018 2:20 am

This Peje-Lizard President is quite a lunatic.

https://diario.mx/Nacional/2018-12-03_1 ... umbo-a-eu/
 
estorilm
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Re: Mexico's presidential 787 being put into storage pending sale

Thu Dec 06, 2018 3:47 pm

Ridiculous corrupt media spin on this floating all over social media now... "Mexico president *REFUSES* to pay for very expensive Boeing jet" - etc etc etc. *cue pictures of him flying commercial* ...everyone cheers.

Seriously?

They went up to Boeing, sorted out the details, agreed to the price, Boeing built the thing - and now when it comes time to pay up, we're going to do a 180 AND make it Boeing / USA's fault for trying gauge Mexico... as a country?!

It's just insane - fly commercial all you want, but why waste everyone's time with this fiasco?
 
WIederling
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Re: Mexico's presidential 787 being put into storage pending sale

Thu Dec 06, 2018 4:41 pm

estorilm wrote:
Ridiculous corrupt media spin on this floating all over social media now... "Mexico president *REFUSES* to pay for very expensive Boeing jet" - etc etc etc. *cue pictures of him flying commercial* ...everyone cheers.

Seriously?

They went up to Boeing, sorted out the details, agreed to the price, Boeing built the thing - and now when it comes time to pay up, we're going to do a 180 AND make it Boeing / USA's fault for trying gauge Mexico... as a country?!

It's just insane - fly commercial all you want, but why waste everyone's time with this fiasco?


The basic airframe seems to be on a 15 year lease.
operational since dez. 2015.
So The contract must have "worked" for 3 years already?
 
estorilm
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Re: Mexico's presidential 787 being put into storage pending sale

Thu Dec 06, 2018 4:47 pm

WIederling wrote:
estorilm wrote:
Ridiculous corrupt media spin on this floating all over social media now... "Mexico president *REFUSES* to pay for very expensive Boeing jet" - etc etc etc. *cue pictures of him flying commercial* ...everyone cheers.

Seriously?

They went up to Boeing, sorted out the details, agreed to the price, Boeing built the thing - and now when it comes time to pay up, we're going to do a 180 AND make it Boeing / USA's fault for trying gauge Mexico... as a country?!

It's just insane - fly commercial all you want, but why waste everyone's time with this fiasco?


The basic airframe seems to be on a 15 year lease.
operational since dez. 2015.
So The contract must have "worked" for 3 years already?

I'll defer to others that know more about this - but perhaps a part of the deal was the fact that the airframe needs to be built before modifications for VIP/presidential stuff can begin - presumably a few years ago. If she's done and ready to be accepted, then it's still just a huge PR stunt and not really fair to anyone else involved.
 
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kanban
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Re: Mexico's presidential 787 being put into storage pending sale

Thu Dec 06, 2018 5:06 pm

To be fair, the new president was not involved in the previous administrations leasing and outfitting the plane. and as we have learned here, an incoming president can and does make policy changes that undo the previous administrations efforts. So he doesn't feel the expense is worth the status symbol, good for him.
 
WIederling
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Re: Mexico's presidential 787 being put into storage pending sale

Thu Dec 06, 2018 5:16 pm

estorilm wrote:
WIederling wrote:
The basic airframe seems to be on a 15 year lease.
operational since dez. 2015.
So The contract must have "worked" for 3 years already?

I'll defer to others that know more about this - but perhaps a part of the deal was the fact that the airframe needs to be built before modifications for VIP/presidential stuff can begin - presumably a few years ago. If she's done and ready to be accepted, then it's still just a huge PR stunt and not really fair to anyone else involved.


The airframe has been operational since Dez 2015. first in office use beginning of 2016.

Something doesn't add up.
 
estorilm
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Re: Mexico's presidential 787 being put into storage pending sale

Thu Dec 06, 2018 5:26 pm

WIederling wrote:
estorilm wrote:
WIederling wrote:
The basic airframe seems to be on a 15 year lease.
operational since dez. 2015.
So The contract must have "worked" for 3 years already?

I'll defer to others that know more about this - but perhaps a part of the deal was the fact that the airframe needs to be built before modifications for VIP/presidential stuff can begin - presumably a few years ago. If she's done and ready to be accepted, then it's still just a huge PR stunt and not really fair to anyone else involved.


The airframe has been operational since Dez 2015. first in office use beginning of 2016.

Something doesn't add up.

Did she put in for official VIP mods a while ago when staff changed? Now that it's ready the new staff just decided it would be a good idea to say the entire thing is too expensive now? Even though as you state, it's been paid for many times along the way and everyone knew exactly what they were getting and how much it cost.

'We are selling all the planes and helicopters that the corrupt politicians used,' President Andres Manuel Lopez Obrador told a rally in Xalapa, Veracruz, near the end of his first full day as president.

The crowd roared its approval.

Again - that's cute and all, except you bought it soooo..
 
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Devilfish
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Re: Mexico's presidential 787 being put into storage pending sale

Thu Dec 06, 2018 6:54 pm

Evidently, the airframe was just picked up from the initial batch (not built-to-order) and only brought to custom-fitting afterwards. In which case the title holder will try to exact a price to (stem his losses) or recoup his investment plus a decent profit, if possible..... :dollarsign: :dollarsign: :dollarsign: :dollarsign: :dollarsign: :dollarsign:




seabosdca wrote:
If there is a buyer, it's a VIP operator, probably a governmental one given how this aircraft is already equipped.

:scratchchin: Conspiracy theories aside, I can think of only one at present..... :spin:
 
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SR380
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Mexican Air Force 787 for 1st price!

Mon Jan 27, 2020 7:56 pm

According to french media BFMTV (not the best source there is), Mexico is organizing a lottery to win multiple price, including the Mexican Air Force 787:


https://www.bfmtv.com/economie/un-boein ... 45211.html

The government will handle maintenance fee for 12 months, then it's up to the owner.

Good luck to them...
 
DanniS
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Re: Mexican Air Force 787 for 1st price!

Mon Jan 27, 2020 8:08 pm

You should correct "price" to "prize"

Otherwise, huh? Why is Mexico trying to raise money by running a lottery on a 200 million USD plane?
 
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TWA772LR
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Re: Mexican Air Force 787 for 1st price!

Mon Jan 27, 2020 8:20 pm

Ill drop a few bucks on that!
 
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Rossiya747
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Re: Mexican Air Force 787 for 1st price!

Mon Jan 27, 2020 8:40 pm

All I can offer is 1 dollar.
 
QXAS
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Re: Mexican Air Force 787 for 1st price!

Mon Jan 27, 2020 8:50 pm

Just asking for a friend, in an All J layout, how many seats would a 787-8 be able to accommodate?
 
dcajet
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Re: Mexico's Presidential 787 News and Discussion Thread

Tue Jan 28, 2020 4:16 pm

Believe or not... tickets already for sale.

Image
 
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seabosdca
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Re: Mexico's Presidential 787 News and Discussion Thread

Tue Jan 28, 2020 6:31 pm

Is this for real? If you gave title to a widebody aircraft to an ordinary citizen for free, they would not have a hope of shepherding the thing through a sale process without going bankrupt. And this particular aircraft would be much harder to sell than most.
 
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ikolkyo
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Re: Mexico's Presidential 787 News and Discussion Thread

Tue Jan 28, 2020 10:19 pm

This has to be a joke.... Right?
 
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PepeTheFrog
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Re: Mexico's Presidential 787 News and Discussion Thread

Tue Jan 28, 2020 11:12 pm

It's not a joke. Mexican government is trying to get rid of the airplane for more than a year now, without any luck. So in a desperate move, they organize a lottery to finally get rid of the airplane.

https://simpleflying.com/mexico-787-private-jet-raffle/
https://liveandletsfly.boardingarea.com ... n-vip-787/
https://mexiconewsdaily.com/news/play-t ... liner-787/
 
GalaxyFlyer
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Re: Mexico's Presidential 787 News and Discussion Thread

Thu Jan 30, 2020 10:36 pm

If you win, good luck paying the income tax on it.
 
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TWA772LR
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Re: Mexico's Presidential 787 News and Discussion Thread

Fri Jan 31, 2020 7:21 am

GalaxyFlyer wrote:
If you win, good luck paying the income tax on it.

The winner can just sell it to UA or AA in that case lol
 
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Erebus
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Re: Mexico's Presidential 787 News and Discussion Thread

Fri Jan 31, 2020 7:28 pm

GalaxyFlyer wrote:
If you win, good luck paying the income tax on it.


Not sure what the tax code is in Mexico, but in Canada for instance, lottery prizes are generally excluded from your taxable income.
 
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seabosdca
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Re: Mexico's Presidential 787 News and Discussion Thread

Fri Jan 31, 2020 7:35 pm

I suppose if the Mexican government has really trapped itself into requiring $130 million or no sale, then there really aren't many options.

I don't know whether the report of a $125 million offer is correct or not, but there is certainly a buyer out there for a VIP 787 at the right price. In VIP configuration, assuming reasonable fittings, the limitations stemming from this aircraft's very early build really don't affect anything.
 
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LAXintl
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Re: Mexico's Presidential 787 News and Discussion Thread

Wed Jul 15, 2020 12:45 am

Looks like they might have found a buyer

Mexico may accept medical kit in barter for presidential jet
https://www.reuters.com/article/us-mexi ... SKCN24E1ZE

Offer is $120mil in cash and medical equipment
 
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LAXintl
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Re: Mexico's Presidential 787 News and Discussion Thread

Wed Jul 22, 2020 8:13 pm

 
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janders
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Re: Mexico's Presidential 787 News and Discussion Thread

Wed Aug 26, 2020 6:22 pm

Video tour of the aircraft by President Manuel Lopez Obrador. Call the aircraft ‘insult to the poor’

https://video.twimg.com/amplify_video/1 ... mp4?tag=13
 
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mercure1
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Re: Mexico's Presidential 787 News and Discussion Thread

Sun Oct 04, 2020 4:23 pm

Well, the lottery to auction the aircraft turned into a bit of a fiasco. Plan was to sell 6million tickets at 500 pesos each but near 500mil pesos worth of in tickets went unsold so the government purchased them and distributed them for free, only adding up the cost to taxpayers this whole 787 saga.

https://www.air-journal.fr/2020-10-04-m ... 23072.html
 
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LAXintl
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Re: Mexico's Presidential 787 News and Discussion Thread

Fri Oct 15, 2021 12:21 am

Still for sale. GlobalJet Monaco appointed exclusive agent.

Mere 1,741 hours on frame

https://globaljet.aero/en/boeing-b787-8
 
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Aaron747
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Re: Mexico's Presidential 787 News and Discussion Thread

Fri Oct 15, 2021 12:53 am

mercure1 wrote:
Well, the lottery to auction the aircraft turned into a bit of a fiasco. Plan was to sell 6million tickets at 500 pesos each but near 500mil pesos worth of in tickets went unsold so the government purchased them and distributed them for free, only adding up the cost to taxpayers this whole 787 saga.

https://www.air-journal.fr/2020-10-04-m ... 23072.html


Sadly that sounds like par for the course in a day of Mexican government work.

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