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The Transportation Department gave tentative approval to...

The Transportation Department gave tentative approval to the sale of the lucrative Eastern Airlines shuttle to Trump. The price tag for the sale, which was announced in October by Trump and Texas Air Corp., Eastern’s parent company, is $365 million. The shuttle, Eastern’s only profitable operation, has hourly, non-reservation flights between New York and Washington and New York and Boston. The Transportation Department said it found Trump’s plans for the carrier sound financially and that his key personnel have the necessary managerial and technical skills. The Trump Shuttle still must pass a safety review by the Federal Aviation Administration before the sale can be completed.


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