Mexico bid to sell presidential jet stretches into 3rd year

Mexican President Andres Manuel Lopez Obrador has the ultimate white elephant, a Boeing 7-87 presidential jet that he's been trying to sell since he took office three years ago.

Ever since he took office on Dec. 1, 2018, the president has vowed to sell off the plane because it is too luxurious.

Lopez Obrador has tried to lure corporations and businessmen, and even pledged to raffle off the plane that was purchased for 200-million-dollars US because it is too luxurious.

It has been difficult to sell because it's configured to carry only 80 people.

It also has a full presidential suite with a private bath, and would be expensive to reconfigure.

But on Wednesday, he acknowledged the jet is hard to sell because it is too specialized and made-to-order.