Trump-Eastern Deal for Shuttle on Again
Billionaire Donald Trump’s on-again, off-again purchase of Eastern Airlines’ profitable Northeast shuttle operation is on again.
Trump said he has agreed to pay $365 million for the shuttle, which flies New York-Washington and New York-Boston routes, in a restructured deal that increases the number of airliners he will get to 21 from 17. The transaction must be approved by Eastern’s bankruptcy court. Business, Page 1.
