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  1. ITV Report

Mexico to sell presidential jet as era of cutbacks and austerity begins

Mexico is selling its own presidential jet as the country enters a period of austerity.

The luxurious Boeing 787-8 Dreamliner was bought in 2012 for £263 million and went into action just two years ago.

The jet is a number of aircraft Mexico is looking to raise money from.

Newly-elected president Andres Manuel Lopez Obrador plans to travel in future via commercial planes.