Trump airport branding deal opens new route to profit for family
The Guardian World ·

It was a week in which one prominent name in aviation, Spirit Airlines, disappeared , killed in the company’s own admission by high fuel prices resulting from Donald Trump’s war in Iran. …
It was a week in which one prominent name in aviation, Spirit Airlines, disappeared , killed in the company’s own admission by high fuel prices resulting from Donald Trump’s war in Iran. Within days, however, another moniker was already flying high in industry circles: the president’s own. The newly-branded President Donald J Trump international airport, less than five miles from Mar-a-Lago, his gilded waterfront Florida mansion, joins a glut of other entities, including passports , street signs , national parks passes , performing arts centers and golden immigration visas , retitled to satiate the commander-in-chief’s addiction to aggrandizement. Naturally, Tuesday’s vote by a surprisingly bipartisan group of commissioners to hand over trademark and commercial rights of the former Palm Beach international airport to the county’s most notorious resident comes with another lucrative enrichment opportunity for Trump and his family. Analysts predict the president is likely to net millions from the unorthodox legal agreement between the county and DTTM Operations llc, his Delaware-based company that oversees licensing, marketing and intellectual property. Under the leadership of Donald Trump Jr , the president’s son, the company, part of the wider Trump Organization, has assumed numerous rights and advantages that the analysts say are unusual for a contract of this nature, irrespective that it prohibits “direct financial compensation” from goods sold at the airport. …
Original source: The Guardian World
Mentioned
Florida · Delaware · Democratic · Palm Beach · Ron DeSantis · Donald Trump · Donald Trump Jr · Spirit Airlines · Trump Organization