Permanent record

Creditors took control of Trump Shuttle

Event date
Category
Business bankruptcies and failures
Posture:
Creditor takeover after default

After debt and operating problems, creditors took control of Trump Shuttle and the operation later passed to USAir. The outcome was a loss of corporate control, not a personal bankruptcy.

Evidence basis

independent-corroboration

Disposition

Creditors took control and the operation passed to USAir.

Dated sources

  1. — Los Angeles Times creditor-transfer report (Independent contemporaneous reporting)
  2. — TIME (Independent reporting)

Correction status

No substantive correction recorded for this version.

Canonical citation

Creditors took control of Trump Shuttle. Donaldtrumpler.com. https://donaldtrumpler.com/records/1992-trump-shuttle-creditor-takeover/

Last verified: