mcloudy.png
Sunday June 20th, 2021 8:47PM

Mexico's presidential jet lottery sales not going so well

By The Associated Press
Related Articles
  Contact Editor

MEXICO CITY (AP) — Efforts to sell Mexico’s presidential jet appear to be going well, but a simultaneous effort to sell lottery tickets depicting the plane is struggling.

President Andrés Manuel López Obrador said Monday that only about a quarter of the six million tickets have been sold, in part because ticket sellers have been unable to hit the streets because of the coronavirus pandemic.

The economic effects of the partial lockdown have also apparently made many Mexican somewhat less willing to part with the $22.50 each ticket costs, roughly a week's wages for the lowest-paid workers.

With the Sept. 15 lottery drawing less than two months away, López Obrador is facing the possibility the lottery might actually lose money, rather than achieving its stated goal of collecting funds to buy medical equipment.

With only about 1.5 million tickets sold, the lottery currently is covering only about 38% of the guaranteed prize money of $90 million. Other administrative costs could put the government deeper into the hole. The prize money will be divided into 20 equal parts.

The president urged businessmen to buy blocks of tickets and hand them out to their employees or at schools, and unions to hand them out to their members.

“There is little time left until Sept. 15, and we have to sell those tickets,” López Obrador said, as he stood in front of the jet at a hangar at Mexico City's international airport. The drawing date coincides with Mexico's Independence day.

The jet, like the lottery, is full of symbolism for López Obrador, who has refused to even step foot into the Boeing Dreamliner since he took office in December 2018. He says the jet represents the opulence of past administrations that bought or used the plane. The plane’s interior includes an elegant office, kingsize bed, shower and treadmill.

López Obrador prefers to travel by road or in regular airline seats, which he did when he visited the United States in early July and met President Donald Trump.

Originally, he vowed to raffle off the plane, which drew jokes about where the winner would park the jet. The lottery, whose tickets bear a picture of the plane but which carry no promise of ownership of it, was apparently an afterthought aimed at capitalizing on its notoriety.

The plane itself will be sold outright, and López Obrador said there are now two bidders, one of whom is offering a mix of cash and medical equipment for the jet. That buyer has already put down a $1 million deposit and signed an initial contract, but the president said that last week another all-cash offer has emerged.

The government estimates the plane is worth $120 million; it has not said who the potential buyers are. It was purchased in 2012 for about $200 million. Experts consider it too expensive to reconfigure the plane to seat the usual 300 passengers a commercial version would carry.

  • Associated Categories: Associated Press (AP), AP World News
© Copyright 2021 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Chloe Zhoe's 'Nomadland' to premiere across fall festivals
Chloe Zhao’s “Nomadland,” starring Frances McDormand, will premiere across the major fall film festivals in an alliance forged by the Venice, Toronto, New York and Telluride festivals
10:50AM ( 10 minutes ago )
Mexico's presidential jet lottery sales not going so well
Efforts to sell Mexico's presidential jet appear to be going well, but a simultaneous effort to sell lottery tickets depicting the plane is struggling
10:49AM ( 10 minutes ago )
Irving commits $1.5 million for WNBA players skipping season
Brooklyn Nets star Kyrie Irving is committing $1.5 million to supplement the income of WNBA players who choose not to play this season
10:45AM ( 15 minutes ago )
Associated Press (AP)
The Latest: Vaccine study begins in fight against COVID-19
The world’s biggest COVID-19 vaccine study has begun with the first of 30,000 planned volunteers helping to test shots created by the U.S. government -- one of several candidates in the final stretch of the global vaccine race
9:42AM ( 1 hour ago )
The Latest: Dozens infected after Alabama church revival
An Alabama pastor says more than 40 people have been infected with the coronavirus after attending a multi-day revival event at a Baptist church
9:11AM ( 1 hour ago )
European tourism faces turbulence only weeks after restart
Europe’s tourism revival is running into turbulence only weeks after countries opened their borders, with rising infections in Spain and other countries causing increasing concern as authorities worry about people bringing the coronavirus home from their summer vacations
9:04AM ( 1 hour ago )
AP World News
Chloe Zhoe's 'Nomadland' to premiere across fall festivals
Chloe Zhao’s “Nomadland,” starring Frances McDormand, will premiere across the major fall film festivals in an alliance forged by the Venice, Toronto, New York and Telluride festivals
10:50AM ( 10 minutes ago )
Irving commits $1.5 million for WNBA players skipping season
Brooklyn Nets star Kyrie Irving is committing $1.5 million to supplement the income of WNBA players who choose not to play this season
10:45AM ( 15 minutes ago )
Virus vaccine put to final test in thousands of volunteers
The world's biggest COVID-19 vaccine test got underway Monday with the first of 30,000 planned volunteers
10:43AM ( 16 minutes ago )
80,000 people fleeing Vietnamese city after new virus cases
About 80,000 people, mostly local tourists, are being evacuated from the popular Vietnamese beach city of Da Nang after more than a dozen people there were confirmed to have COVID-19
10:39AM ( 20 minutes ago )
After talk of collaboration, conferences go their own way
Plans for the college football season — if it is played — should start coming into focus this week
10:37AM ( 22 minutes ago )