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Oracle: Article

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
Article Rating:
February 28, 2013 03:00 AM EST
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 1,642

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.

Published February 28, 2013 – Reads 1,642
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Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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