Editing Trump Shuttle (section)

=== Financial difficulties ===
{{Table alignment}}
{|class="wikitable floatright plain-row-headers defaultright"
|+ Trump Shuttle Financial Results
! (USD 000) !! 1990<ref>{{Cite web|url=https://airlines.org/wp-content/uploads/2014/08/1991.pdf|title=Air Transport Association 1991 Annual Report}}</ref> !! 1991<ref>{{Cite web|url=https://airlines.org/wp-content/uploads/2014/08/1992.pdf|title=Air Transport Association 1992 Annual Report}}</ref>
|-
! Operating revenue
|  172,013  ||  169,096
|-
! Operating loss
|  (40,122) ||  (24,671)
|-
! Net loss
|  (68,761) ||  (58,552)
|-
! Operating margin
| -23.3% || -14.6%
|-
! Net margin
| -40.0% || -34.6%
|}
The company was never profitable.<ref name=":4" /> Passenger traffic on the shuttle began to decline in November 1989. In late 1989, the [[Northeastern United States]] entered an economic recession which depressed demand, while the August 1990 [[Iraq]]i [[Iraqi invasion of Kuwait|invasion]] of [[Kuwait]] caused jet fuel prices to double.<ref name=":1" /> While costs of running the airline rose, many of the corporate customers using the shuttle were cutting travel budgets. Trump's casino business was simultaneously encountering serious difficulties, and Trump was forced to cede control over several business holdings to his bankers in June 1990 in order to avoid personal bankruptcy. The airline ran out of cash and defaulted on its debt in September 1990.<ref name=":2" />

Trump Shuttle conducted some charter operations around this time to monetize the shuttle's spare aircraft. In June 1990, the airline carried [[Nelson Mandela]] on his eight-city tour of the United States.<ref>{{Cite news|url=https://www.latimes.com/archives/la-xpm-1990-06-25-mn-471-story.html|title=Trump Takes Mandela Under His Wing|last=Wilkinson |first=Tracy|date=1990-06-25|work=[[Los Angeles Times]]|access-date=2017-08-22|language=en-US|issn=0458-3035}}</ref> During the [[Gulf War]] of 1990–91, the airline received a government contract to ferry U.S. military personnel between the key domestic bases of [[Dover Air Force Base|Dover AFB]], [[Charleston Air Force Base|Charleston AFB]], [[Travis Air Force Base|Travis AFB]], [[McChord Field|McChord AFB]], and [[Kelly Field Annex|Kelly AFB]].