Airlines

Republic Airways selling Frontier in $145M deal

October 1, 2013
Bloomberg News, Associated Press
Indigo Partners LLC, led by veteran airline executive William Franke, has agreed to buy Frontier Airlines from Indianapolis-based Republic Airways Holdings Inc. for $36 million in cash. The total value of the transaction is $145 million including debt.
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Republic Airways extends deadline for Frontier sale

September 17, 2013
Associated Press
The Indianapolis-based regional carrier plans to tie up negotiations with a prospective buyer, believed to be headed by former Spirit Airlines Inc. Chairman Bill Franke.
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Entrepreneur not sold on flight times between Indy, San FranciscoRestricted Content

September 14, 2013
Kathleen McLaughlin
The nonstop connection to Silicon Valley that Indianapolis' tech community has been clamoring for is here, but a leading advocate for the service said it doesn’t meet his industry’s needs.
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State, United confirm direct flights to San Francisco

September 4, 2013
Gov. Mike Pence and executives from United Airlines on Wednesday formally announced that Indianapolis will receive nonstop daily service to San Francisco starting in January. IBJ first reported plans for the service last week.
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United plans direct flights between San Francisco, Indianapolis

August 28, 2013
Mason King
The daily flights, which are expected to begin on Jan. 7, will fulfill a longtime wish of local tech firms eager for more direct access to the West Coast and Silicon Valley.
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Frontier may become ultralow-fare carrier after acquisition

August 1, 2013
Bloomberg News
Frontier Airlines, the Denver-based airline owned by Indianapolis-based Republic Airways Holdings, may soon become a legitimate down-market competitor.
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Republic Airways earnings rise despite lower revenue

July 26, 2013
 IBJ Staff
The Indianapolis-based company on Thursday reported quarterly earnings of $24.6 million, a 23-percent increase over the previous year. The earnings beat consensus analyst predictions by 4 cents per share.
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Indy airport to offer applications for expedited security screening

July 19, 2013
Bloomberg News
Indianapolis International Airport will be among the first two airports in the nation to participate in the TSA's push to expand eligibility for quicker security lines.
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Airport targets frequent travelers with rewards program

June 3, 2013
Kathleen McLaughlin
Indianapolis International Airport continued a campaign to lure travelers to its parking services with an announcement Monday morning that it will offer a customer rewards program.
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Teamsters chief smacks down local pilots union

May 20, 2013
Kathleen McLaughlin
Teamsters President James Hoffa wants to rein in leaders of the pilots union at Indianapolis-based Republic Airways Holdings Inc.
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Republic unit adds $100 carry-on fee for some passengers

May 2, 2013
Associated Press
Frontier Airlines, a unit of Indianapolis-based Republic Airways Holdings Inc., plans to start charging up to $100 for a carry-on bag and $2 for coffee or a full can of soda, it announced Wednesday.
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Republic shares fall despite rare first-period profit

April 30, 2013
Kathleen McLaughlin
Republic Airways Holdings Inc. reported a first-quarter profit for the first time in four years Monday, but the company's stock fell Tuesday morning after the performance missed analyst forecasts.
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Nonstop schedule at airport slips by one destination

April 12, 2013
Kathleen McLaughlin
The airport, which has been trying to beef up its direct service, will have 32 nonstop-flight destinations from Memorial Day through Labor Day, down a total of one from summer 2012.
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American adding new flights from Los Angeles

April 10, 2013
Associated Press
American Airlines said Wednesday it is adding nonstop flights to more cities from Los Angeles, including to Indianapolis starting Aug. 27.
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Republic unit Frontier bringing air service back to Delaware

April 8, 2013
Associated Press
Frontier's decision means an end to a five-year stretch in which Delaware had no commercial air service, following the abrupt shutdown and bankruptcy filing by startup carrier Skybus Airlines in 2008.
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Republic's deal with American wins court approval

March 13, 2013
Bloomberg News
American Airlines, the carrier reorganizing in bankruptcy, won court approval of an agreement for Republic Airways Holdings Inc. to operate regional jets for American.
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Indianapolis International Airport named best in North America

March 12, 2013
It's the second time in three years the airport has been honored as the best in North America based on customer satisfaction.
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Republic Airways pulls out of earnings dive

February 28, 2013
 IBJ Staff
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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Republic Airways unit no longer on Expedia

February 26, 2013
Associated Press
Frontier Airlines, a unit of Indianapolis-based Republic Airways Holdings Inc., said Monday that its flights will no longer be available on online travel agency Expedia.
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Man says Republic denied him interview because of tattoos

February 21, 2013
A state commission found a Florida man can proceed with a civil rights complaint against the Indianapolis-based airline after it allegedly refused to consider him for a flight attendant's job because of the tattoos on his forearms.
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American, US Airways to merge, create world's biggest carrier

February 14, 2013
Associated Press
The $11 billion deal could well result in the elimination of some overlapping routes the carriers operate out of Indianapolis International Airport. Together, the two airlines have a combined market share of nearly 24 percent in Indianapolis.
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Republic to fly for American, buy up to $4B in aircraft

January 24, 2013
Associated Press
American Airlines has signed a 12-year agreement for Republic Airways Holdings Inc. to operate 76-seat regional jets. It also agreed to purchase up to 94 new aircraft from Brazilian plane maker Embraer.
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Indianapolis airport boardings hit 10-year low

January 18, 2013
Chris O'Malley
Amid rising ticket prices, passenger boardings fell by 2.2 percent last year, to 3.68 million. That's a low not seen since 2003, according to airport records.
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Republic shares hit two-year high on revised outlook

January 3, 2013
Chris O'Malley
Stock in Republic Airways Holdings rocketed into 2013, closing 19.5 percent higher Wednesday after the Indianapolis-based company raised its quarterly outlook. The shares climbed to a two-year high Thursday morning.
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Study: Indiana’s airports contribute $14.1B in economic output

November 13, 2012
A new study says the state's 69 public airports support more than 69,000 jobs--about 30 percent of which are tied to Indianapolis International Airport.
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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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