Airport authority trims executive ranks in cost-cutting move
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.
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.
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.
Sale of items such as X-ray machines and windsock poles typically raises $1 million for general fund.
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.
Former Indianapolis Airport Authority CEO John Clark has landed a six-month job in a business development role at Gary Chicago International Airport.
Its focus will include trying to attract flights from Indianapolis International to San Francisco, San Diego and Seattle.
A proposed travel schedule for Indianapolis Airport Authority employees for the remainder of the year is devoid of trips to overseas destinations. Airport leaders spent lavishly on travel last year.
Globetrotting John Clark, who stepped down from his job March 19, will receive $270,000, plus unearned vacation days, as part of his severance package from the Indianapolis Airport Authority.
Recently appointed airport board president Mike Wells said the parting of ways came after he and Clark met Monday afternoon. The move follows an IBJ report on $67,000 in travel expenses for airport executives in 2011, and Wells' plans to tighten oversight.
The lavishness of the trips smacks of a culture of indulgence and raises questions about whether airport CEO John Clark III is making the best use of his time.
Indianapolis Airport Authority CEO John Clark and two key officers spent more than $67,000 last year on travel that included extended business trips to Brazil, Denmark, Greece, Morocco and Switzerland.
The Indianapolis Airport Authority board has approved a $504,872, two-year contract with Indiana State University to study the federally endangered Myotis sodalis, which brings to $2.5 million what the airport has paid ISU since 2004 to track and observe the minuscule mammals.
Airport Authority OKs runway extension at Hancock County facility, fueling competition with Hamilton County's Executive Airport.
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.
The Indianapolis Airport Authority is moving ahead with plans to build an “airport city” centered on its property, but not without buy-in from the surrounding communities.
The most congested area of Indianapolis International Airport Monday morning may have been the Lids souvenir stand at the center of the food court.
The town’s leaders had envisioned the Indianapolis Airport Authority property being developed to add to the tax base.
The Indianapolis International Airport Authority and Indianapolis Super Bowl Host Committee know impressions begin when people arrive in the city and continue to be formed when they depart.
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.
The Monroe County Board of Aviation Commissioners will charge charge $75 a day for parking planes at the airport between Feb. 2 and Feb.6.