Airports

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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Airport speeds demolition of former passenger terminal

December 28, 2012
Chris O'Malley
The former passenger terminal and administration building at Indianapolis International Airport could be rubble by this time next year. Offering a "blank slate" should improve marketability of the site, airport officials say.
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Hamilton County airport closer to extending its runwayRestricted Content

December 15, 2012
Federal, state grants will fund study of project intended to serve growing corporate clientele.
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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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New nonstop flights from Indy to Houston take off

November 5, 2012
Anthony Schoettle
Southwest Airlines on Sunday launched twice-daily nonstop service between Indianapolis International Airport and Houston Hobby Airport, marking the first direct flights between the two airports.
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Hurricane cancels dozens of flights in, out of Indy

October 29, 2012
 IBJ Staff and Associated Press
Major airlines on Monday called off 38 flights departing Indianapolis to several airports in New York, Newark, Philadelphia and Washington. Airlines also canceled 36 flights scheduled to arrive in Indianapolis the same day.
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Moody's upgrades outlook for Indianapolis Airport AuthorityRestricted Content

July 7, 2012
New agreements with airlines, presence of FedEx contribute to improving financial picture.
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Indianapolis airport getting gas station

June 15, 2012
Chris O'Malley
A long-awaited gas station at Indianapolis International Airport is to open by the middle of next year. Plans call for the facility to include a fast-food restaurant, service bay and car wash.
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Republic, Bedford fall out of favor in MilwaukeeRestricted Content

May 12, 2012
Indianapolis-based airline holding company and its leader stir passions in city hit hard by Frontier cutbacks.
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Proposed Indy airline gets audience with Venture ClubRestricted Content

April 28, 2012
Legacy Travel Club needs to raise $50,000 to unlock commitments from angel investors.
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Airport wants more nonstop flights

April 20, 2012
Chris O'Malley
Its focus will include trying to attract flights from Indianapolis International to San Francisco, San Diego and Seattle.
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Airlines' treatment of passengers slowly getting better

April 2, 2012
Associated Press
Based on traditional yardsticks — lost bags, delayed flights, lousy service and bumpings from full planes — airlines are doing a better job, say private researchers who have analyzed federal data on airline performance.
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Indianapolis Regional Airport to handle heavier 'birds'

February 20, 2012
Chris O'Malley
Airport Authority OKs runway extension at Hancock County facility, fueling competition with Hamilton County's Executive Airport.
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Airport begins taking stock of Super Bowl's business impact

February 17, 2012
Chris O'Malley
The Super Bowl generated more than $1 million in merchandise sales at Indianapolis International Airport and brought 528 additional aircraft to the facility and its regional reliever airports.
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Frontier trims Milwaukee flights as Republic seeks buyer

February 13, 2012
Bloomberg News
Frontier Airlines will cut daily departures from Milwaukee by 44 percent to drop unprofitable flights as Indianapolis-based parent Republic Airways Holdings Inc. prepares to sell or spin off the carrier.
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Fans encountering smooth departures at airport

February 6, 2012
Kathleen McLaughlin
The most congested area of Indianapolis International Airport Monday morning may have been the Lids souvenir stand at the center of the food court.
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Excess land at Fishers airport will be turned over to farmingRestricted Content

February 4, 2012
 IBJ Staff
The town's leaders had envisioned the Indianapolis Airport Authority property being developed to add to the tax base.
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Indiana airports hope Super Bowl brings more business

January 9, 2012
Associated Press
The Indianapolis Super Bowl host committee has listed 17 regional airports as additional landing spots outside of the Indianapolis area for people headed to the game on Feb. 5.
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FAA's new pilot-fatigue rules reflect concerns of IU expert-led panelRestricted Content

December 31, 2011
Chris O'Malley
On Dec. 21, the Federal Aviation Administration issued a final rule addressing fatigue among passenger-airline pilots.
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Aircraft-repair firm seeking up to 200 local workers

December 1, 2011
 IBJ Staff
AAR Corp. needs up to 200 more people at its Indianapolis aircraft maintenance center and plans a job fair on Saturday.
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Republic Airways subsidiary cutting 213 jobs

September 26, 2011
 IBJ Staff and Associated Press
Frontier Airlines, a division of Indianapolis-based Republic Airways Holdings Inc., plans to eliminate 213 jobs at Mitchell International Airport in Milwaukee, where it is also cutting flights to several cities.
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Former flight management firm owner pleads guilty to fraud

August 15, 2011
 IBJ Staff and Associated Press
David A. Chaisson is one of two men charged in separate schemes to defraud Ryan International Airlines. Prosecutors say the schemes involved kickback payments in exchange for business.
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Landmark water tower could be razed in Greenwood

August 14, 2011
Associated Press
A central Indiana water tower that once served as a local landmark for residents is being targeted for demolition because officials say it poses a safety hazard to a nearby airport.
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Frontier Airlines plans return to normal service

July 22, 2011
Associated Press
Frontier Airlines says it expects to return to normal service including a full schedule on Saturday after repairing planes that were damaged by hail.
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Airport seeks broker to market ex-ATA HQ

May 5, 2011
Chris O'Malley
The Indianapolis Airport Authority plans to hire a broker to market the 16.5-acre campus along Washington Street near Indianapolis International Airport once used by ATA Airlines. It has been vacant for three years.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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