Donald Trump’s Business Ventures You’ve Never Heard About
Trump Shuttle Airline Struggled During The Recession
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Trump owned an airline named Trump Shuttle, Inc., from 1989 to 1992. The airline featured Boeing 727 aircraft with hourly flights from New York City to Boston and Washington, D.C. The airline also offered charter service to other destinations. An economic recession, an increase in jet fuel prices, and a cut in travel budgets for corporate customers led to its downfall.
Trump was simultaneously dealing with financial difficulties involving his casino business, and eventually, the airline ran out of money, putting it in debt. USAir took operational control of the Trump Shuttle, and it was discontinued after it merged with a new company, Shuttle, Inc. (USAir Shuttle).