Larry Ellison Buys Island Air

Island Air News Release
Island Air closed the sale of the airline today to a newly formed holding company owned by Lawrence J. Ellison. The sale secures the future of Island Air and its employees.
There are no planned staff changes and Island Air will continue its operations as usual while developing plans for additional planes, routes and services. All current tickets will be honored and all Cloud9 members will retain their status and benefits.
“This is another major investment and commitment to Hawaii,” said Paul Marinelli, vice president of Lawrence Investments, LLC. “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.…
















