The Plane! The Plane! Larry Ellison Buys Airline for his Fantasy Island.

A few months ago, software giant Larry Ellison bought 98 percent of the land on the Hawaiian island of Lana'i. Now he’s bought a small commuter airline that services the island.

The danger that Island Air could go out of business pushed Ellison, who is the CEO of Oracle Corporation, to buy the airline in order to ensure it would continue service passengers headed to the Ellison-owned hotels on Lanai, and for the residents of the small island.

Island Air does not fly outside Hawaii, but it plans to increase service to airports it currently flies to on Molokai, Maui, Kauai, Oahu, the Big Island and Lana'i.

Source: Huffington Post

Image of Lana'i courtesy of Shutterstock

 

 

 

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