Government Assets

Honduras sold its presidential aircraft for just over $5 million — roughly $9 million less than a previous Nationalist administration paid for it — prompting Libre opposition lawmakers to question the process while the current government says the sale was conducted transparently and proceeds will fund social projects.

Defense Secretary Enrique Rodríguez Burchard confirmed that revenue from the sale of Honduras's presidential aircraft—which sold for L137 million (about $5.5 million)—will be allocated to health, education, and the National Autonomous University of Honduras.

Honduras will hold an international public auction of its Embraer Legacy 600 presidential aircraft on July 10, with proceeds to fund health and education projects; the plane was purchased in 2014 for over $14.7 million and is now estimated to fetch $8–10 million.