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Wednesday, October 9, 2024 77° Today's Paper


Business

Island Air loses $1.8M under firm’s new owner

CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM
An Island Air ATR 72 plane was parked Tuesday outside the hangar where the company announced the airline had been sold to Larry Ellison, the billionaire who purchased 97 percent of Lanai in June. Island Air senior consultant Michael Rodyniuk, bottom left, Island Air president Les Mura­shige and Paul Marinelli, vice president of Lawrence Investments, announced the sale.