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Minds
Despite the growing financial problems, Trump bought his own airline in 1988 , for
which he took out further loans. For $ 365 million, he acquired Eastern Air Lines' no
longer profitable airlines between New York, Washington and Boston, as well as the
21 associated Boeing 727s . His idea was to luxuriously upgrade the old machines
and thus make the lines profitable again. He had leather seats installed, maple
veneers and chrome fittings installed, and the toilets fitted with gold-plated sinks,
which cost about a million dollars for each plane. When in June 1989 the flying
operation was taken up under the name Trump Shuttle, made the company -
especially because of the debt burden - from the beginning losses.
The Trump Taj Mahal in Atlantic City
Minds