Articles

Airport puts parking operations under review

The revenue-hungry Indianapolis Airport Authority is reviewing its entire parking operation, including opening up its valet parking contract in search of new services that would appeal to business travelers and in turn boost the airport’s bottom line.

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Republic Airways pulls out of earnings dive

Restructuring efforts at Republic Airways Holdings spurred the regional airline operator to a fourth-quarter profit of $12.6 million, or 25 cents per share, the company announced Wednesday.

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Mass-transit bill amended, ready for House vote

A bill to let voters authorize higher taxes in central Indiana to pay for an expanded mass-transit system is ready for a full vote in the House after an amendment restricted who would be affected by it.

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Architects, planners brainstorm Indianapolis transit terminal design

Here’s what we don’t know: what it will look like, what amenities users can expect, and how it will link to rapid-transit lines still in the planning stages. At the moment, the 1.9-acre parcel is a city-owned parking lot, situated on the south side of Washington Street between Delaware and Alabama streets. But architecture, urban planning and mass transit fans imagine it as an empty canvas, with the potential to showcase a signature structure that triggers more development nearby.

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Indiana House drops tax cut for school, road money

House Republicans tossed out Gov. Mike Pence's call for a tax cut Friday, unveiling a $30 billion biennial budget that instead relies on Indiana's roughly $500 million annual surplus to restore education cuts and pay for road and bridge repairs.

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Mass-transit measure passes key House hurdle

The House Ways and Means Committee cleared the bill, which would allow voters to decide whether to add 0.3 percent to local income tax rates to pay for a proposed central Indiana mass-transit system.

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Corn shortage idles 20 ethanol plants nationwide

Twenty of the nation’s ethanol plants have ceased production over the past year, including two in Indiana. There is growing concern about what happens if last year’s drought lingers through another corn-growing season.

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I-69 leg gobbling up state’s road funding

As legislators brace for a $250 million annual transportation spending gap down the road, the Indiana Department of Transportation has designated more than one-third of its entire federal highway aid this year toward building 27 miles of Interstate 69 between Crane and Bloomington.

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