Fares up, flights down at Indianapolis airport
Indianapolis International Airport has lost a third of its passenger flights since early 2005 while inflation-adjusted airfares here have risen 23 percent.
Indianapolis International Airport has lost a third of its passenger flights since early 2005 while inflation-adjusted airfares here have risen 23 percent.
Rules against making cellphone calls during airline flights are "outdated," and it's time to change them, federal regulators said Thursday, drawing immediate howls of protest from flight attendants, airline officials and others.
Republic Airways Holdings Inc. on Wednesday said it was going forward with the $145 million sale of Frontier Airlines. It also announced a third-quarter loss of $13.8 million.
Frontier Airlines announced Wednesday that it is expanding operations at the New Castle Airport in Delaware with flights to Detroit and Atlanta.
Buyer Indigo Partners says it first needs agreements with the union for Frontier flight attendants, and with credit card issuer Barclays.
Phoenix-based Indigo Partners has until Monday to tell Frontier parent Indianapolis-based Republic Airways Holdings whether it wants to terminate the $145 million deal.
A proposed membership-based airline that had hoped for a 2013 launch has signed up lots of members but has yet to pull in the big investors it needs to put its own plane in the sky.
Indigo Partners LLC, led by veteran airline executive William Franke, has agreed to buy Frontier Airlines from Indianapolis-based Republic Airways Holdings Inc. for $36 million in cash. The total value of the transaction is $145 million including debt.
The Indianapolis-based regional carrier plans to tie up negotiations with a prospective buyer, believed to be headed by former Spirit Airlines Inc. Chairman Bill Franke.
The nonstop connection to Silicon Valley that Indianapolis’ tech community has been clamoring for is here, but a leading advocate for the service said it doesn’t meet his industry’s needs.
Gov. Mike Pence and executives from United Airlines on Wednesday formally announced that Indianapolis will receive nonstop daily service to San Francisco starting in January. IBJ first reported plans for the service last week.
The daily flights, which are expected to begin on Jan. 7, will fulfill a longtime wish of local tech firms eager for more direct access to the West Coast and Silicon Valley.
Frontier Airlines, the Denver-based airline owned by Indianapolis-based Republic Airways Holdings, may soon become a legitimate down-market competitor.
The Indianapolis-based company on Thursday reported quarterly earnings of $24.6 million, a 23-percent increase over the previous year. The earnings beat consensus analyst predictions by 4 cents per share.
Indianapolis International Airport will be among the first two airports in the nation to participate in the TSA’s push to expand eligibility for quicker security lines.
Indianapolis International Airport continued a campaign to lure travelers to its parking services with an announcement Monday morning that it will offer a customer rewards program.
Teamsters President James Hoffa wants to rein in leaders of the pilots union at Indianapolis-based Republic Airways Holdings Inc.
Frontier Airlines, a unit of Indianapolis-based Republic Airways Holdings Inc., plans to start charging up to $100 for a carry-on bag and $2 for coffee or a full can of soda, it announced Wednesday.
Republic Airways Holdings Inc. reported a first-quarter profit for the first time in four years Monday, but the company's stock fell Tuesday morning after the performance missed analyst forecasts.
The airport, which has been trying to beef up its direct service, will have 32 nonstop-flight destinations from Memorial Day through Labor Day, down a total of one from summer 2012.