Merger of key airlines at Indianapolis grounds three flights
It’s more difficult to get to New York LaGuardia and some other business hubs following the combination of Southwest Airlines and AirTran Airways.
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Notorious I-69 interchange slated for big upgrade
Getting onto and off of Interstate 69 at the 116th Street exit has long been a nail-biting experience, but traffic planners are about to propose reconstruction to unplug the bottleneck.
Indiana toll road came up $209M short in 2010
Now five years old, the Indiana Toll Road deal has yet to turn a profit, or break even, for its two overseas investors. The $3.8 billion contract, however, has been a bargain for the taxpayers of Indiana.
City taps downtown TIF funds for bridge repairs
The city is bidding work to repair concrete and add a green roof to the Meridian Street Bridge adjacent to downtown Union Station.
Amazon planning fourth area distribution center
Amazon.com plans to open a second warehouse in Plainfield this year, the company announced Wednesday. The online retailer’s fourth location in central Indiana is expected to create hundreds of jobs.
Mike’s unveils new design for new carwashes
Two new carwash facilities in Anderson and West Lafayette will bring the Indianapolis-based chain to 39 stores.
Key exec behind Indy airport expansion retires
Robert A. Duncan nudged the door closed this week on his office at the Indianapolis Airport Authority and retired after a career at the center of one of the largest, long-term civic developments in the city's history.
Rolls-Royce upgrades engine on market since 1950s
Rolls-Royce’s Indianapolis plant assembles few of its workhorse T56 aircraft engines in whole, but cranking out spare parts for overhauls is a large business. The last contract modification, issued by the U.S. Air Force in 2007, is worth up to $789 million and is still active.
Transportation museum eyes excursion trains to downtown Indy
As efforts drag on to study and fund a commuter rail system using the former Nickel Plate rail line, the group now using the 37-mile corridor to run excursion trains in Hamilton County and to the Indiana State Fair is looking at running its trains farther south—to downtown.
Daniels says investors overpaid on Indiana Toll Road
Gov. Mitch Daniels on Wednesday marked the 5-year anniversary of the $3.8 billion lease. He said the state is insulated from any financial problems under the deal it crafted even though an investor group is in danger of defaulting.
Republic soars as lower fuel costs prompt analyst upgrade
Shares of Republic Airways enjoyed a 22-percent rocket ride on Monday after a stock analyst gave the beleaguered company an upgrade and the price of jet fuel continued to moderate.
Logistics firm planning 415 jobs in Plainfield
Ozburn-Hessey Logistics plans to expand its distribution center in the Hendricks County town and create up to 415 new jobs by 2015. Based in Tennessee, OHL is one of the largest third-party logistics providers in the world.
Future uncertain for occupant of Marion factory
The TriEnda facility opened in late 2008 in part of Marion's closed 1 million-square-foot Thomson television picture tube plant.
Observers: Inexperience with mainline carriers hurting Republic
Two years after regional carrier Republic Airways Holdings made a gutsy move into the branded airline business by buying Frontier Airlines and Midwest Airlines, its stock price is down nearly 60 percent.
City’s Rebuild Indy money to revamp railroad overpasses
The city of Indianapolis released bids soliciting contractors to repaint, clean and add lighting underneath the overpasses at Meridian, Pennsylvania and Illinois streets and College and Capitol avenues downtown, and on 10th Street east of the Monon Trail.
Republic orders 80 Airbus jets for Frontier
Republic’s agreement to add the Airbus planes, which have a value of about $7 billion at list prices, comes as it pursues a $120 million restructuring plan for Frontier after buying the Denver-based airline out of bankruptcy in 2009.
Indiana’s oldest ethanol plant cutting 30 jobs
An ethanol plant in South Bend is laying off about 25 percent of its employees this summer and the company that owns the plants is up for sale.
Hoosier manure to power dairy farms’ delivery trucks
Fair Oaks Farms in northwestern Indiana plans by next year to have 42 new delivery trucks running on compressed natural gas created by harnessing microorganisms to turn cows’ manure into biogas.
Pilots OK cuts, allowing Republic to pursue restructuring plan
Frontier Airlines pilots overwhelmingly approved concessions that will allow parent Republic Airways Holdings Inc. to pursue a $120 million restructuring at the unprofitable unit. Indianapolis-based Republic bought Frontier out of bankruptcy in 2009.
Indy taco-truck business rolling into other cities
West Coast Tacos, which led a mobile culinary trend in Indianapolis last summer, plans to expand into Carmel and Fishers, as well as Bloomington and West Lafayette, in the next few months.