The last time Trump bought an airline, it didn’t end well. Now, budget carriers are asking him for help
Washington
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April 30, 2026
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By Alexandra Skores, Chris Isidore, CNN Washington (CNN) — It was the late 1980s, and Eastern Airlines was on the brink of bankruptcy after years of financial problems, labor issues and struggling to adapt to deregulation. Businessman Donald Trump saw an opportunity and seized it. He purchased the airline’s most profitable asset, the Eastern Shuttle,
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