Indianapolis truck dealer Utility-Peterbilt leased its first hybrid medium-duty truck this summer after enduring months of
tire-kicking but no action from fleet buyers and plenty of interest from television-news types.
Republic Airways Holdings Inc. is considering shifting as many as 250 jobs to its home base of Indianapolis as a result of
its pending acquisition of Frontier Airlines Holdings Inc. in Denver, according to a news report.
A company founded by a Westfield chiropractor is in talks to license to automakers software that’s designed to produce
a less-fatiguing ride. Comfort Motion Technologies also wants to make aftermarket versions of the software as add-on modules
that could be used in most any car with a power seat.
Chicago-based LKQ Corp., a supplier of replacement and aftermarket automotive parts, will establish a distribution center
in Plainfield with plans to create up to 30 jobs by 2011, the company announced this morning.
Frontier Airlines Holdings Inc. said yesterday that creditors have approved its bankruptcy reorganization plan, including
its planned purchase by Republic Airways.
A federal judge this morning sentenced a former Indianapolis business owner to 18 months in prison after he pleaded guilty
to bank fraud in May.
Delaware County has become the 10th county to join the Central Indiana Regional Transportation Authority, the quasi-governmental
organization announced today.
The Cash for
Clunkers program has seriously challenged my high-mindedness. It is time for a bit of soul searching.
Republic Airways Holdings Inc. is nearing judgment day in its battle with Southwest Airlines Co. for ownership of Frontier
Airlines Holdings Inc.
Southwest Airlines Co. said today it’s bidding $170 million to buy Frontier Airlines Holdings Inc. out of bankruptcy protection,
surpassing an earlier bid of $108.8 million by Indianapolis-based Republic Airways Holdings Inc.
Indianapolis-based Celadon Inc. said yesterday that it eked out a small profit in its fiscal fourth quarter, as the struggling
economy continues to batter the trucking industry.
Indianapolis-based Republic Airways Holdings Inc. and Southwest Airlines Co. will battle it out in a bankruptcy court auction
today for the rights to acquire Denver-based Frontier Airlines Holdings Inc.
Republic Airways Holdings won the bankruptcy court auction for Frontier Airlines today, buying the Denver-based carrier
for almost $108.8 million after rival Southwest Airlines Co.’s bid was rejected.
Five executives are among seven employees let go by the Indianapolis Airport Authority as part of its efforts to cut expenses
amid declining airport revenue.
The Phoenix Group, a Greenwood-based supply-chain services company, said yesterday that it has added 15 employees within the
past month and plans to hire about 200 more workers by the end of 2010.
Passengers at Indianapolis International Airport are spending less time on the ground since the opening of the new midfield
terminal.
Clark talks to IBJ about how the airport can increase revenue by diversifying its sources of income. The airport can’t rely
on higher passenger counts to boost its bottom line.
Southwest Airlines Co.’s bid for Denver-based Frontier Airlines Holdings Inc. may have hit turbulence, according to the Dallas
Morning News.
Idaho-based MWI Veterinary Supply Inc. said today it will establish distribution operations in Indiana by leasing space in
Whitestown, creating more than 30 new jobs by the end of the year.
EnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, will receive $118.5 million in a matching grant
from the federal government.
