Ellison to expand Island Air service

The billionaire owner of Lanai has bought the local carrier and will stretch its flights statewide

By Dave Segal

POSTED: 01:30 a.m. HST, Feb 27, 2013

~~<p>Billionaire Larry Ellison now owns an airline to go along with his island.</p>
<p>Local carrier Island Air confirmed Tuesday that Ellison, who bought 97 percent of Lanai in June, has completed a deal to buy the company, ending weeks of speculation that the country's third-richest man was going to further entrench himself in Hawaii.</p>
~~

Billionaire Larry Ellison now owns an airline to go along with his island.

Local carrier Island Air confirmed Tuesday that Ellison, who bought 97 percent of Lanai in June, has completed a deal to buy the company, ending weeks of speculation that the country's third-richest man was going to further entrench himself in Hawaii. Login for more...