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Trump Shuttle
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=== Sale === Trump had personally guaranteed $135 million of the shuttle's debt. Following the default, Citibank made arrangements for [[Northwest Airlines]] to take control of the shuttle in exchange for relieving Trump's personal liability on its debt, and all sides were reportedly close to an agreement by April 1991.<ref name=":3" /> [[Delta Air Lines]] agreed to buy the competing Pan Am Shuttle in July, and Northwest announced that its acquisition of the Trump Shuttle was cancelled in August, reportedly due to the Trump Shuttle's unions demanding parity with Northwest employees and Trump refusing to discount the price to reflect this.<ref name=":2" /> [[US Airways|USAir]] ultimately reached an agreement in December 1991 to take operational control of Trump Shuttle for up to ten years, with an option to buy it after five years.<ref name=":5">{{Cite news|url=https://www.nytimes.com/1991/12/20/business/deal-made-on-trump-shuttle.html|title=Deal Made On Trump Shuttle|last=Salpukas|first=Agis|date=1991-12-20|work=[[The New York Times]]|access-date=2017-08-21|language=en-US|issn=0362-4331}}</ref> Bankers involved in the negotiations said that Trump would be relieved of at least $100 million of his guarantee, and possibly as much as $110 million, leaving him owing between $25 and $35 million in the closing out of his ownership of the company.<ref name=":5" /> On April 7, 1992, Trump Shuttle ceased to exist when it was merged into a new corporation, Shuttle, Inc., which began operating as the USAir Shuttle on April 12, 1992. [[US Airways]] subsequently purchased the remainder of Shuttle, Inc., on November 19, 1997, and the service subsequently operated under the name [[US Airways Shuttle]]. Shuttle, Inc., remained as a subsidiary of US Air Group until July 1, 2000, when it was merged into US Airways. In October 2015, US Airways merged with [[American Airlines]], at which point the shuttle became the [[American Airlines Shuttle]].<ref>{{Cite web|url=https://internationalaviationhq.com/2019/10/05/trump-shuttle-trump-air|title=Trump Shuttle: When President Trump Owned an Airline ... And Failed|website=[[International Aviation HQ]]|access-date=2019-07-26}}</ref>
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