Airport taxi times improve
Passengers at Indianapolis International Airport are spending less time on the ground since the opening of the new midfield
terminal.
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Q&A with Indianapolis Airport Authority CEO John Clark
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 bid for Frontier could be in trouble
Southwest Airlines Co.’s bid for Denver-based Frontier Airlines Holdings Inc. may have hit turbulence, according to the Dallas
Morning News.
Vet supplier promises 30 jobs in Whitestown
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 lands $118 million stimulus grant
EnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, will receive $118.5 million in a matching grant
from the federal government.
East-side shuttle service makes debut
A new public shuttle service got rolling this morning on the near-east side of Indianapolis.Known
as the Near Eastside Orbiter, the 24-passenger shuttle is provided by the John H. Boner Community Center at 2236 E. 10th St.
and completes a 15-mile circular route in about an hour.
Republic Airways closes purchase of Midwest
Republic Airways Holdings says it has completed its acquisition of privately held Midwest Airlines
for $31 million in cash and debt.
Toll-road lease tumbles in value
Gov. Mitch Daniels expected his unprecedented $3.8 billion Indiana Toll Road lease to last 75 years. It may be tested after
just three.
INDOT hires executive to manage Interstate 69 extension
Cost management was the operative phrase in the introduction this month of a highway executive to manage the Interstate
69 extension to Evansville.
House bill aims to restore GM, Chrysler dealers
Palmer Chrysler Jeep Dodge on the west side closed last month as part of Chrysler LLC’s bankruptcy reorganization. But
the dealership would sell the company’s cars once more given the chance.
Construction jobs trickling in from road stimulus
Federal stimulus money for Indiana highway projects so far has put to work 1,222 people with a payroll of $1.27 million,
according to state records of 42 projects under way in which contractors have reported job data. The work, ranging
from paving to replacing bridge decks, had a total contract value of $39.2 million.
Natural-gas car proposal could boost Greensburg Honda plant
Hoping to spur alternative vehicles, lawmakers want to double the size of tax breaks on cars that run on natural gas. That
could be good news for Indiana, where Honda Motor Corp. produces the natural-gas-powered Civic GX in Greensburg.
For sale: Pieces of old Indianapolis airport
Commercial Liquidators of America has landed the job of auctioning off furnishings and equipment from the old airport terminal at Indianapolis International Airport.
Republic growth strategy fraught with risk
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.
Expanded FedEx cargo hub not meeting expectations
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.
Transit can be economic engine
We applaud the efforts of those who are laying the groundwork for viable mass transit in the Indianapolis area.
Transit, sustainable development likely to be themes in rescue of near-north neighborhood
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.
Remove barriers to lower costs
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.
Project manager named for I-70 beautification
Cripe Architects and Engineers has been named lead consultant on a $2 million project to beautify five Interstate 70 interchanges.
Not shying away from private jet sales
Eagle Creek Aviation Services CEO Matt Hagans has taken delivery of the first of 17 Phenom 100 business jets from Brazilian
aircraft maker Embraer.