Island Air bought by Oracle's Ellison

摘要

Island air has announced the sale of the airline to a newly formed holding company owned by Larry Ellison, co-founder and CEO of Oracle Corporation. "This is another major investment and commitment to Hawaii," said Paul Marinelli, vice-president of the holding company, Lawrence Investments. "We understand the critical importance of transportation in an island state, and we will ensure that Island Air strengthens its role, capacity and service to the people of Hawaii. We recognise the need for providing options for travellers, and we believe Island Air has tremendous potential to deliver value to both residents and visitors."