Nearly all of the $3.8 billion the state received from leasing its toll road is spent or committed, and Conexus Indiana says roads and bridges are crumbling again. How does the group, which focuses on manufacturing and logistics, recommend paying for infrastructure improvements? In effect, by raising taxes.
The CEO of feeder airline operator Republic Airways Holdings Inc. said on Wednesday that new Bombardier jets could be flown in the United States in a partnership with one of the big airline alliances.
A cross-border trucking pact that ended a 17-year trade dispute between the U.S. and Mexico last year may unravel unless more Mexican big rigs start crossing the border. Failure of the program could have an impact on trucking firms like Indianapolis-based Celadon Group Inc.
The Indianapolis Airport Authority has eliminated three executive positions, a move its board president says reflects a return to a more conventional and efficient corporate structure.
Construction on the 794,608-square-foot warehouse will begin in the next two weeks in the AmeriPlex Business Park, officials of Atlanta-based developer Industrial Developments International said. They hope to complete construction in December.
The $3.8 billion that Indiana netted in 2006 from leasing the Indiana Toll Road to a foreign consortium will be mostly spent or allocated by the time the state’s next governor takes office in January
The Indianapolis Airport Authority recorded a $31.3 million operating loss in 2011, a result that new board President Michael Wells believes underscores the need to find new sources of revenue.
Indianapolis-based airline holding company and its leader stir passions in city hit hard by Frontier cutbacks.
Carmel-based KAR Auction Services Inc. saw revenue climb but profit shrink in the first quarter, the company said Monday.
Sale of items such as X-ray machines and windsock poles typically raises $1 million for general fund.
Frontier Airlines says it will cut 11 flights out of Milwaukee and put 125 workers on furlough effective June 1.
Celadon Group Inc. announced Monday that it has named Eric Meek as executive vice president, chief financial officer and treasurer, effective immediately, as part of a succession-planning process.
The Gary/Chicago International Airport Authority has approved a $350-an-hour contract with former Indianapolis airport executive John Clark to help with business development.
While turnaround plans at Frontier Airlines capture most of the attention, Republic Airways Holdings Inc. is also trying to revitalize its smaller Chautauqua Airlines unit.
BrightPoint Inc. stock fell as much as 12 percent early Friday morning following disappointing first-quarter earnings that prompted the company to lower its 2012 financial forecast.
Legacy Travel Club needs to raise $50,000 to unlock commitments from angel investors.
Indianapolis International Airport has landed seasonal, nonstop service to Myrtle Beach, S.C., starting May 31. Vision Airlines said Thursday that it will fly the route using Boeing 737s through Oct. 31.
Republic Airways Holdings Inc. on Wednesday reported higher revenue and a smaller loss in the first quarter compared to the same period a year ago.
The complaints were quieter but still firm during the latest public hearing about plans for the Interstate 69 extension through southern Indiana.
Celadon Group Inc. saw higher revenue and profit in its latest fiscal quarter, the Indianapolis-based trucking firm announced Tuesday night.
