Oracle News Desk
Larry Ellison Buys Hawaiian Airline
It goes with his purchase last year of almost all of Lanai, the resort island off Maui
By: Maureen O'Gara
Feb. 28, 2013 03:00 AM
Oracle CEO Larry Ellison Wednesday gave the world another lesson in how to spend like a billionaire. He announced that he's bought Island Air, the airline that makes hops between the Hawaiian Islands, to go with his purchase last year of almost all of Lanai, the resort island off Maui, for a reported $500 million-$600 million. Apparently the airline has been restructuring and Larry's acquisition is a job-saving Godsend.
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