Freight carrier plans to expand, add 183 local jobs
Thomasville, N.C.-based Old Dominion Freight Line said a $22 million investment will be used to upgrade its existing 122,340-square-foot facility on the southwest side.
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Carrier counts on new environmental regulations to drive sales
Carrier Corp.’s plan to invest $36.5 million in its Indianapolis plant hinges in part on how well consumers take to a new platform of high-efficiency furnaces.
Carrier to invest $36.5M in local plant, create 276 jobs
Carrier Corp. has spent $32 million to upgrade equipment in Indianapolis and plans to invest another $36.5 million to start a second production line, creating 276 jobs at the plant. The company is seeking a tax abatement to help offset the costs.
Observers: Inexperience with mainline carriers hurting Republic
Two years after regional carrier Republic Airways Holdings made a gutsy move into the branded airline business by buying Frontier Airlines and Midwest Airlines, its stock price is down nearly 60 percent.
IUPUI dedicates engineering lab funded by Carrier Corp.
Over the past four years, Carrier has donated $71,000 for the purchase of equipment and software that will
allow mechanical engineering students at IUPUI to do more advanced work.Republic flies boldly into branded-carrier business
After 36 years of flying smaller planes painted in the colors of the major airlines for which it flies under contract,
Republic Airways Holdings in 2009 became a branded airline operator of its own.Indiana State Police cut 42 motor carrier jobs
The layoffs of half the division’s inspectors were blamed on the state’s financial troubles.
WISH-TV parent, cable carrier at loggerheads
Despite almost three months of attempted negotiations, officials for Lin TV Corp. and Bright House Networks have not been able to agree to extend their current deal to retransmit Lin’s three local channels on the cable system. Lin officials say Bright House has not responded to their proposals. However, Buz Nesbit, president of Florida-based Bright […]
Republic Airways to fly for Milwaukee carrier
Republic Airways Holdings will operate a dozen 76-seat Embraer aircraft for Milwaukee-based Midwest Airlines, Midwest announced yesterday. Indianapolis-based Republic will operate the planes until Midwest can move the fleet under its own Federal Aviation Administration operating certificate. Midwest will have the option of leasing the Embraer 170 aircraft from Republic. Republic also said it is […]
Airlines balk at hub bill: Carriers say airport’s deal with FedEx over expansion is likely to raise landing fees
Five airlines at Indianapolis International Airport–all of them paying higher fees and rents to help pay for the $1.1 billion midfield terminal–complain they may be stuck footing the bill for part of the $214 million FedEx cargo-hub expansion. The dispute is detailed in a recent Federal Aviation Administration decision on a complaint filed in April 2007 by Northwest Airlines, Delta Air Lines, AirTran Airways, Continental Airlines and Southwest Airlines. It provides a rare look into the sometimes fractious relationship between…
Carrier carrying on in cool housing market
With steep declines in new-home construction and existing home sales, market conditions in the Indianapolis-based North American
residential business of Carrier Corp. “are clearly challenging,” according to George David, CEO of Carrier’s parent, United
Technologies.Carrier looks deeper at rent-a-plane roots to grow revenue: ATA aims to reverse declines in commercial charter
ATA Holdings Corp. is again plotting a course toward commercial charter, a segment of the airline industry hurt over the last decade by falling scheduled service fares that have erased charters’ price advantage. But rather than aiming at the leisure end of commercial charter-so battered by fare wars-the Indianapolis carrier will try to tap more lucrative segments such as “incentive” charters. Among the clients: big corporations that send hundreds or thousands of their top salespeople each year to conferences in…
Republic Airways buffeted by U.S. Airways pilot turbulence: Locally based carrier gets favorable ruling in one dispute, but remains mired in separate $1.2B lawsuit
Republic Airways Holdings Inc. has landed a break from an arbitrator who ruled the Indianapolis regional airline is obligated to hire no more than half the 300 pilots employed by US Airways’ MidAtlantic regional airline, which Republic is acquiring. Regional carrier Republic can avoid higher personnel costs by not having to hire as many U.S. Airways pilots with seniority. The amount of the savings was not immediately available. But Republic remains a defendant in a complicated, $1.2 billion lawsuit that…
Southwest won’t land big ATA stake, after all: But low-fare airlines plan to broaden partnership allowing passengers on 1 carrier to transfer to other
ATA Holdings Corp.’s new business plan includes “an extended and more robust” code-share agreement with Southwest Airlines. But Dallas-based Southwest doesn’t intend to take an ownership stake in the bankrupt Indianapolis carrier, backing off its year-old plan to acquire 27.5 percent of the company when it exits bankruptcy. Those details are contained in recently filed court documents that provide a partial picture of ATA’s reorganization plan. The airline sought Chapter 11 protection in October 2004. The investment group proposing to…
AAR lands another maintenance customer at base: Work for ATA Airlines raises questions about future of carrier’s own maintenance hangar as fleet shrinks
ATA Airlines Inc. has tapped aircraft repair firm AAR Corp. to refurbish up to 14 older Boeing 737s joining its fleet rather than using its own maintenance operation barely a mile away. The Indianapolis-based airline also is considering a plan to abandon its maintenance facility for a smaller location at Indianapolis International Airport, according to a source involved in the leasing discussions. The bankrupt carrier indicated in a court hearing last week that it would not reject its current maintenance…
Airport seeking more air cargo operations: Carriers that fly to Asia among hot prospects beyond FedEx at nation’s 7th-largest cargo airport
When all exports are considered, by air and sea, China is Indiana’s eighthlargest destination, growing 25 percent last year to $294.4 million, according to the Center for International Business Education and Research at Indiana University. Air cargo to China is 10 times greater than a decade ago, Michael Ducker, an executive vice president of FedEx, said in a presentation about China. Airport officials won’t say whom they’ve courted in the cargo realm. “We’re casting a pretty broad net,” said BAA…
Republic Airways vulnerable to USAirways’ demise: But regional airline likely to grab biz from other carriers
The possible liquidation of US Airways, a fate perhaps sealed by an employee sickout last month that infuriated passengers, threatens to cause a financial fever at Indianapolis-based Republic Airways Holdings. Twice-bankrupt US Airways is Republic’s largest customer, amounting to 43 percent of its operating revenue on Sept. 30. Regional carrier Republic flies Embraer jets for US Airways and three other carriers out of Indianapolis and other cities in the eastern United States. Industry observers say US Airways’ baggage handlers may…
UPDATE: TSA says PreCheck still operational after previous announcement of suspension during funding fight
However, the agency says it has suspended airport police escorts for members of Congress as the White House negotiates with Democrats over funding for the Department of Homeland Security.
Indiana to bid $68B in Medicaid contracts this summer
FSSA plans to put out a proposal request for managed care services for the Healthy Indiana Plan, Pathways for Aging, Hoosier Care Connect and Hoosier Healthwise.
Indiana hemp drug ban clears first hurdle
The legislation matches a federal measure some advocates predict will “decimate” the industry—then sets out regulations for what’s left.
