On January 18, 2013, Oracle Corporation CEO Larry Ellison, who had recently acquired most of the island of Lanai from David H. Murdock, was reported to be the buyer, though this was not confirmed by the airline at the time.
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The company plays an active role in many of the World’s top air shows including Jones Beach New York Air Show, Flying Legends, Duxford England, Aviation Nation, Nellis AFB, Rhode Island Air National Guard, Wings Over Houston Air Show, Texas, Thunder Over the Boardwalk, Atlantic City, New Jersey by flying as The Horsemen Aerobatic Team and recording event footage It exists today as one of the only dedicated aviation production company that owns World War II combat planes used for filming.
Also part of the Kharg Island air defenses were shoulder-fired Strela SA-7 surface-to-air missiles.