A Trump Shuttle Boeing 727 in 1989
What happened to Donald Trump’s $365 million airline?
Donald Trump owned an airline for a short time in the late 1980s and early 1990s.
In 1989, Trump raised $365 million to purchase the Eastern Shuttle, which provided business travelers with quick flights between New York, Boston, and Washington.
Within 18 months, the airline lost over $125 million, and by 1992, Trump decided it was time to walk away.
Trump Shuttle created over 1,000 jobs, many of which were filled by Eastern Airlines employees who were out of work due to a labor strike.
We talked to three former employees of Trump Shuttle.
Business Insider