Presidential Plane

UNAH Rector Odir Fernández said the university has not received official communication from the government about funds from the presidential aircraft sale that a law mandates be used for regional campus expansion, and the government owes the institution 1.44 billion lempiras in first-semester budget allocations.

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.

Finance Secretary Emilio Hernández Hércules said Honduras is proceeding with an open auction of the presidential aircraft and plans to issue up to 16 billion lempiras (about $640 million) in bonds, with proceeds aimed at paying accumulated debts to electricity generators and addressing the state power utility's financial crisis.

Thebe Ingeniería, a Mexican air transport company, won Honduras's auction of the Embraer Legacy 600 presidential jet with a bid of L137.8 million (about $5.1 million), just over the government's reserve price.

Seven domestic and international firms have entered the auction for Honduras's presidential aircraft, with the public sale scheduled for July 10.

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.

Honduras auctioned its Embraer Legacy 600 presidential aircraft to a Mexican engineering company, THEBE Ingeniería y Consultoría, for 137.8 million lempiras (about $5.1 million) on July 10, with the government pledging proceeds to health and education.