Larry Ellison, the software billionaire (Oracle) has a dream of making the Hawaiian island of Lanai "the first economically viable, 100% green community" and he's closed down the island for a while to work on it. He can do that, because three years...
Larry Ellison, of Oracle fame and billions (he's one of the world's richest) is still having trouble keeping Island Air (he owns it all) flying to Lanai, Hawaii (he owns 97%). Since acquiring the airline a bit over a year ago, there have been problems...
Billionaires are made, not born. Mr. Ellison seems to be making a business move - pressure the FAA to make things difficult for Hawaiian air, upgrade the Island Air service, achieve sole "Ohana" certification for Island Air. Ohana certification is keenly sought for this market. Here is a description. http://www.examiner.com/articl...on-spiffed-up-planes
Mr. Ellison plays hardball. He comes by his wealth through calculated strategy. It appears that the matter of securing better aircraft for his airline is part of a larger effort to corner the market for premium service to "his" island. Who knows, maybe the island is for sale ? Make him an offer. When you own the island, let me know; I will be glad to come to Lanai and run the canoe livery.
Any idea how long the island is going to be closed? I'd hope to visit Lanai in about 2 years. Must be nice to buy your own Hawaiian Island -- and interesting to see if this "green" scheme will work. Lanai has limited resources, except for lots of sunshine a great weather.
This first project is scheduled for 3 months, but it’s not clear what the schedule of other projects will be, or if it will require the closing of both major hotels. Best advice, I think, would be to check with the Lanai Four Seasons resorts and see when they’re taking new reservations for. But two years out…probably no problem.
Well, it's worth noting that Hawaiian has still not gotten Ohana off the ground, literally. They're citing FAA's cutbacks due to sequestration and then the shutdown as the reason. Island Air used to be a Hawaiian affiliate, flying Dash-8s and ATR-42s into small airports and feeding passengers into Hawaiian. Ohana was/is their plan to stay in that market with ATR42s. Island is unhappy with its ATRs (both the 42 and the larger 72), but doesn't seem to be able to solve any of its problems. I...
Originally Posted by CICAK: Billionaires are made, not born. Many billionaires are self-made, Cicak. Many are born into their wealth. I'm thinking here of the likes of the Mars family (of chocolate fame) and Walton family (Walmart), as well as hundreds of Saudi princes to name just some. I have no problem with people getting rich either way. I think those who earn the wealth often seem more content, but I could be wrong.
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