If a bankruptcy judge approves the incentive plan, six senior executives of the commuter carrier would split as much as $4.7 million in bonuses over the next three quarters.
As it continues to work through its Chapter 11 bankruptcy reorganization, Indianapolis-based Republic Airways Holdings Inc. is seeking to get out of leases for 29 of its airplanes and two facilities.
Bombardier Inc. has removed from its production schedule an order for C Series aircraft placed six years ago by Indianapolis-based Republic Airways Holdings Inc., which is in bankruptcy. The price tag was $3 billion.
A bankruptcy judge in New York has approved a settlement that allows the Indianapolis-based airline contractor to set more favorable terms with Delta Air Lines, one of its biggest customers.
Some local Cruz supporters said they might consider Donald Trump. Some said they would write in Ted Cruz’s name on the ballot. Others said they probably won’t vote.
Indianapolis-based Republic Airways Holdings Inc.’s unsecured creditors are likely to recover less than 50 cents on the dollar in the airline’s bankruptcy, and stockholders should expect nothing at all, according to a letter from the company.
Delta Air Lines Inc. had accused Indianapolis-based Republic Airways Holdings Inc. of failing to operate a full schedule of flights for a Delta regional carrier.
Republic says the professional-services firms it has tapped should be paid well because they're helping the Indianapolis company work through a "unique set of circumstances" that has never been faced in an airline bankruptcy.
Republic Airways Holdings Inc. won permission to use the bankruptcy process to return what it says are some of its less attractive airplanes and engines.
Fishers City Council member Pete Peterson has been removed from the executive role, and Carmel City Council member Laura Campbell has been appointed the new chair.
Bombardier Inc.’s embattled C Series program was dealt another blow after one of its largest customers, Indianapolis-based Republic Airways Holdings Inc., filed for creditor protection in New York on Thursday.
Indianapolis-based Republic reached a watershed contract agreement with pilots last October, but it wasn’t enough to allow the carrier to regain its financial footing. Republic shares plummeted on news of the bankruptcy filing.
Waste management giant Republic Services Inc. plans to spend $13.6 million on a customer resource center in Fishers that could employ as many as 469 workers by the end of 2025, the company announced Thursday afternoon.
A Fort Wayne educator emerged Thursday as a GOP primary challenger to Senate President Pro Tem David Long, who has faced criticism for championing a bill that would have extended civil rights protections to lesbians, gays and bisexuals.
There’s no question that tolling one of Indiana’s interstates could generate serious cash to help maintain the state’s roads. But are taxpayers willing to pay a few bucks to travel highways that now are free?
Political extremism and the “all or nothing” philosophy are poisoning our once-effective government and creating a close-minded population. This certainly shows in the 2016 presidential lineup.
The Indianapolis-based regional airline narrowly escaped a bankruptcy filing this fall when it finally reached a new three-year contract with its 2,100 pilots.
The American Lung Association, American Heart Association and Tobacco Free Indiana all issued statements Wednesday applauding the possibility and calling for an increase of at least $1 per pack of cigarettes.
