Larry Ellison buys airline

Oracle boss Larry Ellison’s passion for investing in Hawaii has seen him acquire local airline Island Air.

Ellison last year acquired most of Hawaii’s sixth-largest island, Lanai. Today he owns 98 per cent of the 141 square mile (365km2) lump of land.

Should the billionaire database guru desire to visit Lanai by air, he can now do so on flights direct from Honolulu or, if he fancies a slower journey, with a stop on Moloka’i.