Republic sees better profit, revenue in 4th quarter
Indianapolis-based Republic said full-year profit fell from $51.3 million in 2012 to $26.7 million in 2013 after a loss from discontinued operations of $21.6 million.
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Sky’s the limit on bank’s aircraft finance business
1st Source is among few Indiana-based institutions to deal in jet financing.
Food giant ConAgra plans huge center north of Indianapolis
ConAgra Foods Inc. is expanding logistics operations in central Indiana by moving a distribution center in Lebanon to a new and bigger facility it plans to build in nearby Frankfort. The move is expected to create 76 jobs.
INDOT closing U.S. 31 in Carmel for better part of 2014
INDOT plans to close a chunk of U.S. 31 in Carmel on or after April 4 through Thanksgiving. The closure was originally planned for 2015, but prep work was completed ahead of schedule.
Transit bill advances at Statehouse after losing amendments
The Indiana House Ways and Means Committee voted Tuesday morning to move a mass-transit bill to the full House, where it’s sure to see further debate.
House committee mulls corporate contribution to mass transit
The Indiana House Ways and Means Committee is expected to vote Monday on a mass-transit bill and is considering an amendment that would require 10 percent of revenue to come from non-traditional sources.
New BMV class-action suit alleges drivers overcharged
Plaintiffs in the class-action lawsuit could secure refunds for overcharges on vehicle registrations and other services if their suit succeeds. The suit follows on the heels of a similar legal battle fought last year.
Potholes devouring municipal budgets locally, across U.S.
About three-fourths of U.S. states and many cities, including Indianapolis, have outspent their maintenance budgets dealing with the extreme weather.
Indy airport signs new eateries, considers nixing e-cigarettes
Indianapolis International Airport officials agreed Friday to unload Giorgio’s and two Cold Stone Creamerys in favor of three new food vendors. They also considered several tough tweaks to the facility’s smoking ban.
Panel gives Pence half of his $400M road-funding request
The reduction, led by Senate Appropriations Chairman Luke Kenley, was a partial blow to one of the governor's key legislative goals.
Dutch-led team favored for next I-69 section
The Indiana Finance Authority has preliminarily selected a team called I-69 Development Partners and led by Isolux Infrastructure Netherlands BV for the $325 million, 21-mile Section 5 of the extension.
Indy airport garage canopy collapses under snow
Airport officials plan to remove the canopy completely before discussing a more permanent solution with contractors.
Indiana RV museum on road to recovery
The 71-year-old president of the RV/MH Hall of Fame in Elkhart says the museum’s debt has been reduced from $5.5 million to about $2.5 million.
Republic on board with 4-year contract for pilots
Republic Airways Holdings Inc. on Friday announced that it has reached a tentative agreement on a contract with the union that represents more than 2,200 of it pilots.
Airlines scrap record number of flights in nasty winter
The relentless snow and ice storms this winter have led to the highest number of flight cancellations in more than 25 years, according to an analysis by The Associated Press.
I-65 interchange in Greenwood delayed for year
The state highway department says it hasn’t been able to reach land purchase agreements with five property owners for the project.
State wants early access to long-term transportation fund
The Indiana Department of Transportation asked the state Senate Appropriations Committee to approve the release of $400 million saved in a special trust fund created last year.
House panel takes corporate tax increase out of mass transit bill
If the House approves the bill as amended, it will set up a debate between the Republican-controlled chambers about who pays for expanded transit.
Pilot shortage hitting Republic’s bottom line
Indianapolis-based Republic Airways Holdings plans to stop flying 27 of its 41 Embraer 50-seat jets because of the pilot shortage. That decision will lower income as much as $22 million this year.
Plans in works to add lanes to I-69 in central Indiana
The Indiana Department of Transportation's proposal would add a third travel lane to both northbound and southbound I-69 in a 14-mile stretch between Fishers and Pendleton.