In 1989, he raised $365 million to purchase the Eastern Air Shuttle, which consisted of 21 Boeing 727s that Trump spent $1 million each to refurbish.
The news outlet reported that after missing a $1.1 million interest payment, Trump asked Citibank to defer future paymentsBecause he had leverage over his creditors, Trump was no longer responsible for the $245 million in loans, and from the $135 million that he had personally guaranteed, at least $100 million was forgiven, as per the outlet