By purchasing two struggling airlines for which it flies, Republic Airways Holdings is taking aboard substantial risks that
threaten its profitable niche, analysts say. Frontier Airlines and Midwest Airlines are not only leaking money, but fly at
an altitude where major carriers routinely dogfight
in a fare war Republic hasn’t had to fight as a contract carrier.
Indianapolis International Airport, already suffering from a 10-percent drop in passenger traffic and a projected $15 million
revenue shortfall this year, is also feeling financial drag from its single most important tenant. FedEx Express cargo shipments,
which amount to about half of the $25 million in airfield fees generated at the airport, fell
16 percent in the first three months of this year vs. the same period last year.
We applaud the efforts of those who are laying the groundwork for viable mass transit in the Indianapolis area.
Local leaders and, soon, a national team of experts, are quietly developing a strategy to revitalize Marion County’s biggest
concentration of brownfield sites and impoverished urban neighborhoods, centered at East 22nd Street and the Monon Trail.
By preserving residency as a condition to distribute booze, our Legislature is protecting Indiana’s existing liquor distributors, many of whom do business in neighboring states like Illinois and Michigan. This antiquated standard is anti-competitive and ultimately means higher prices and reduced selection for Indiana residents.
Cripe Architects and Engineers has been named lead consultant on a $2 million project to beautify five Interstate 70 interchanges.
Eagle Creek Aviation Services CEO Matt Hagans has taken delivery of the first of 17 Phenom 100 business jets from Brazilian
aircraft maker Embraer.
On the menu of Indiana’s economic development initiatives, the logistics industry has had all the appeal of truck stop coffee.
Meanwhile, the information technology and life sciences sectors—and recently clean tech—have had everyone salivating. Logistics, however, is cooking up a new strategy.
Architecture and urban design students from Ball State have created a vision for urban renewal that is arguably more compelling
than the Central Indiana Regional
Transit Authority’s principal, utilitarian goal of reducing northeast-side highway congestion and air pollution by running
a diesel commuter train atop the old Nickel Plate Railroad corridor.
The environmental report shows that the extension for Interstate 69 will cost at least $3 billion.
President of the company since 2000, Bridget Shuel-Walker, 42, oversees a distribution operation with $180 million in annual
sales and a work force of more than 400, making it the second-largest woman-owned business in Indianapolis.
A partnership of electric utilities and technology companies is intent on making Indianapolis the first city in the nation to test plug-in electrics on a mass scale, perhaps starting later this year.
Indianapolis Mayor Greg Ballard and other city officials will travel to Brazil in May to explore renewable-energy production,
in hopes of making the city a leader in the technology.
Car dealers fearful of losing their flagship brands if auto manufacturers crash and burn aren’t getting much help from the
Indiana General Assembly.
To support quality of life initiatives and boost economic development, Indiana government and its citizens must develop quality mass transit systems.
Indiana Railroad Co. has coupled onto its “largest single new business opportunity ever” with plans to serve Peabody Energy’s new Bear Run Mine in Sullivan County, said IRR President and CEO Thomas G. Hoback.
The Indianapolis Airport Authority is planning improvements to Gordon Graham Field in Hendricks County, including a runway extension and a second terminal.
At Purdue University, the quest for a new missile and spacecraft fuel has
brought together an oil-and-vinegar mix of rocket scientists and food scientists.
Stellarwind is believed to be the first algae-oil company in Indiana and among dozens of others around the country at the
forefront of what’s being called the third wave of biofuels production.
Poet Biorefining has four more Indiana ethanol plants on the drawing board, but they’ll stay on paper until capital markets
and demand for the biofuel improve, an executive of the South Dakota company said on a recent trip to Indianapolis
