US Airways ultimately acquired the operations that originated from the Trump Shuttle, specifically purchasing Shuttle, Inc., the entity that continued its service after its initial ownership.
The Trump Shuttle, originally launched by Donald Trump in 1989, faced financial difficulties and ceased operations in 1992. It then went into foreclosure and was taken over by a consortium of creditors, forming a new entity known as Shuttle, Inc. This new entity continued the shuttle service on the Northeast Corridor.
The Acquisition by US Airways
The definitive purchase of this successor entity, Shuttle, Inc., occurred several years later.
- Date of Acquisition: On November 19, 1997, US Airways purchased the remainder of Shuttle, Inc.
- New Brand Name: Following this acquisition, the service began operating under the name US Airways Shuttle.
- Subsidiary Status: Shuttle, Inc., continued to exist as a subsidiary of the US Air Group for a period.
- Final Merger: On July 1, 2000, Shuttle, Inc. was officially merged into US Airways, consolidating its operations fully within the airline.
This sequence of events demonstrates that while the Trump Shuttle itself ceased to operate under its original ownership and name in 1992, the service and its underlying assets were eventually integrated into US Airways' operations.
Key Milestones in the Trump Shuttle's History
The journey from the Trump Shuttle to its eventual integration into US Airways involved several significant transitions:
- 1989: The Trump Shuttle begins operations.
- 1992: The Trump Shuttle ceases operations under Trump's ownership and goes into foreclosure, becoming Shuttle, Inc., owned by creditors.
- November 19, 1997: US Airways purchases the remaining assets of Shuttle, Inc., and rebrands the service as the US Airways Shuttle.
- July 1, 2000: Shuttle, Inc. is formally merged into US Airways, completing the integration.
This acquisition by US Airways solidified the future of the profitable Northeast air shuttle route, maintaining a vital air link between major East Coast cities.
For more detailed information on the Trump Shuttle's history, you can refer to its entry on Wikipedia.
