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Firms line up to find new uses for old airport terminal, other properties

October 10, 2009
Chris O'Malley
The cash-strapped Indianapolis Airport Authority suddenly can’t look soon enough at developing some of its vast real estate holdings, including the city’s former passenger terminal. This month, it plans to conduct final contract negotiations with a firm that would study reuse of the old terminal, adjacent land and other airport holdings.
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FedEx trying to fend off reclassification of its workforce

September 19, 2009
 IBJ Staff
FedEx brass have been trying to counter legislation pending in Congress being pushed by arch rival United Parcel Service and the Teamsters union.
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Expanded FedEx cargo hub not meeting expectationsRestricted Content

June 15, 2009
Chris O'Malley
Indianapolis International Airport, already suffering from a 10-percent drop in passenger traffic and a projected $15 million revenue shortfall this year, is also feeling financial drag from its single most important tenant. FedEx Express cargo shipments, which amount to about half of the $25 million in airfield fees generated at the airport, fell 16 percent in the first three months of this year vs. the same period last year.
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Airport considering air cargo facilityRestricted Content

February 12, 2007
Chris O'Malley
Indianapolis airport officials are considering building a smaller version of FedEx's 2-million-square-foot hub here, one that could accommodate several cargo carriers from around the globe. The "international air cargo facility" could be up to several hundred thousand square feet large and could cost tens of millions of dollars to build.
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