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Ambassadair likes suitor: Chicago-based Waveland Investments might have jobs for ATA execs if it lands travel club

September 19, 2005

Ambassadair Travel Club Inc. may chart a new destination with the help of a Chicago private equity firm whose holdings range from gas station chain Clark Brands to coffee-pot-maker West Bend. Waveland Investments LLC is the face behind Waveland Holdings LLC, an entity named in court records as signing a letter of intent to acquire Ambassadair from bankrupt parent ATA Holdings Corp. While Ambassadair said it remains profitable, despite ATA’s troubles, it has lost more than 20 percent of the…

Interest high for soon-to-be-shuttered foundry: Size, location make redevelopment promising

September 19, 2005

When the workers at DaimlerChrysler Corp.’s Indianapolis Foundry clock out for the last time at the end of the month, they’ll leave behind 756,000 square feet of factory space, tons of equipment, and more than 52 acres of industrial land on the city’s west side. Rather than becoming a rusting industrial relic along Interstate 70, however, the buildings will be razed and real estate experts expect the land will soon find a new use, albeit likely not for a factory….

BEHIND THE NEWS: Noble Roman’s pays up to sever ties with vulture

September 12, 2005

The pizza-andsub business is tough enough without also having to worry about your largest creditor stabbing you in the back. I n d i a n a p o l i s – based franchiser Noble Roman’s Inc. has rid itself of that looming threat by paying $8.3 million to buy out nearly all the interests of a vulture investment firm that may have been scheming to control the company. The deal settles a lawsuit Noble Roman’s filed in March…

VOICES FROM THE INDUSTRY: The world might be flat, but construction costs aren’t

September 5, 2005

For the most part, construction has been a local story, a story about local workers building buildings in our community. But the story isn’t so local anymore. Global economic forces have begun to intersect with local issues at the construction site. The result: a significant and ongoing increase in construction costs across central Indiana and the rest of the United States-an increase that shows no signs of slowing. Through the first quarter of 2004, construction costs increased at a calm…

Fuel hike might ground ATA plan: Fleet-cut savings nearly wiped out

September 5, 2005

On the expenses line of ATA Airlines Inc.’s battered books, the savings associated with a fleet reduction might have been accounted for as a tailwind that accelerated its flight to financial solvency. Paring 35 of its 82 aircraft in the first half of this year saved the Indianapolis carrier $49 million in jet fuel and oil expenses. That’s big money for the bankrupt airline: half of what it’s trying to raise from investors to pull out of Chapter 11 and…

Travel club members take wing: Ambassadair hoping to stop declining enrollment in wake of parent ATA’s bankruptcy

August 29, 2005

Ambassadair Travel Club Inc. has lost about 20 percent of its members since parent ATA Holdings Corp. filed Chapter 11 bankruptcy last October, a trend its president hopes to reverse after ATA sells the long-profitable club as early as next month. “After all the unfortunate attention surrounding ATA, we expected a modest decline in membership for a temporary time and look forward to obtaining new members once we make an a n n o u n c e m e…

CHRIS KATTERJOHN Commentary: Let’s emulate user-friendly Portland

August 22, 2005

I travel a fair amount for both business and pleasure, and I’ve been to several major U.S. cities. Most of the time, I return from these adventures thinking that wherever it was I visited had nothing on Indianapolis. In fact, I usually think those cities can learn a lot from us. This time, it was different. I’ve just returned from a place that’s doing a lot of things right … a place that has employed some ideas and programs our…

Deal giving edge to unions muddies midfield contracts: Non-union contractors question whether bidding on project is worth the trouble

August 15, 2005

A construction agreement that requires union wages, work rules-and union workers-at the midfield terminal project has big and small businesses alike concerned they’ll be shut out of all but the tiniest contracts on the $300 million building. Unless Janet South’s painting firm Deco Group agrees to accept those terms, she’d only qualify for projects of $75,000 or less-the threshold at which the agreement kicks in. That limitation, contained in the project labor agreement attached to the midfield terminal, contrasts with…

VIEWPOINT: Signs of economic recovery all around us

August 15, 2005

After weathering some difficult times over the last few years, there are encouraging signs that central Indiana has turned the corner on its road to economic recovery. The Indianapolis metro area added 22,000 jobs in the year ending in March-a 2.4-percent increase-and in May, the Indiana unemployment rate dipped below the national average for the first time since December. All signs point to continued modest growth. Patrick Barkey, IBJ contributor and Ball State University economist, says, “We should expect to…

Group wants energy czar: Coalition believes utilities slow to climb on efficiency bandwagon

August 15, 2005

Chris Maher’s crews at Thermo-Scan Inc. have been plenty busy inspecting for drafts and puny insulation in many of the 14,000 new homes built each year in the metro area. Even so, the principal at the Carmel firm can’t help wonder about the vast potential to make the hundreds of thousands of existing homes and businesses more energy efficient-if only homeowners had a little more incentive. Utility companies, he says, have relatively few dollars budgeted to coax customers to install…

Event targets greener vehicles: Fleet operators to discuss emission-reduction methods at downtown conference

August 1, 2005

More sparks have been flying from city garbage trucks lately than a City-County Council meeting over police and sheriff’s department consolidation. Mechanics have been cutting out sections of garbage truck exhaust pipes and splicing in tubes filled with precious metals. When the “diesel oxidation catalyst” heats up, combustion gases blowing through it are cleansed before coming out the tailpipe. So simple and quick is this approach to curbing air pollution that John Chavez hopes the humble trash truck project will…

NOTIONS: Pugilism, Parkinson’s, politics, DNA: a powerful combination set to win

July 25, 2005

If you knew only that Scott Newman is a former prosecutor, you might think his new workouts apt. The man known for courtroom sparring now feints, weaves, jabs and thrusts with a former Golden Gloves boxing champion. But that’s not all we know about the 44-year-old Republican twice elected Marion County prosecutor. For in 2002, Newman also became Indianapolis’ most public Parkinson’s patient. Today, Newman says boxing provides the perfect exercise for the neurologically challenged. “Parkinson’s is a movement disease,”…

TOM HARTON Commentary: Keep your eye on the design

July 18, 2005

Design matters, and architects aren’t the only ones who should care. On the eve of two significant ground breakings, even those of us who know nothing about facades and fenestration should consider what’s about to take place here. Later this month, the first dirt will be turned on the site of the city’s new airport terminal, and we can assume that dignitaries will brandish shiny shovels next month just south of the existing RCA Dome. In both cases, there will…

AAR lands another maintenance customer at base: Work for ATA Airlines raises questions about future of carrier’s own maintenance hangar as fleet shrinks

July 18, 2005

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…

Travel firm says aloha to ATA deal: Hawaii pact with Southwest may ease loss of business from Pleasant Holidays

July 11, 2005

ATA Airlines Inc., plotting a new business plan that includes “maintaining and possibly expanding scheduled service to Hawaii,” has lost a key contract that had bolstered its lucrative lift to the Aloha State. The end of the agreement with the travel service Pleasant Holidays, starting in January, will be eased partly by a new code-sharing deal the Indianapolis carrier reached with Southwest Airlines last month, according to the increasingly Southwest-dependent ATA. West Lake, Calif.-based Pleasant Holidays pre-purchases tickets on ATA….

CIWBC director has worked in both the corporate and small-business worlds:

July 11, 2005

If Sharon O’Donoghue isn’t the most ideal person to run the Central Indiana Women’s Business Center, she has to at least be in the top five. O’Donoghue’s varied background, which includes working for a Fortune 500 company, as well as running a small business, is one of her primary assets. But her passion for helping women business owners identify and reach their goals is almost palpable when she talks-enthusiastically and endlessly-about what she’s doing as director of the CIWBC. “I…

RETURN ON TECHNOLOGY: Here’s the secret to painless wireless hookups

July 11, 2005

Last time, in the June 27 issue, we explored the basics of data WiFi, which is often just called “wireless.” This time, we’ll look at how you hook up your laptop or notebook to a wireless provider. Wireless works pretty much like a cell phone does, except that you’re exchanging data packets, not voice. Therefore, you need the computer equivalent of a cell phone. Most new notebook computers come with built-in wireless hardware that you’ll never physically see, because it’s…

ATA captain bids bon voyage to Orion: Mikelsons unloads $4.95 million luxury vessel as company’s struggles take toll on his assets

July 4, 2005

ATA Holdings Corp. Chairman J. George Mikelsons has sold his $4.95 million yacht and has been handed a regal bill for its crew’s pay and benefits-the latest blow to the fortunes of the bankrupt airline’s founder. “When pilots get together, one of the things that always comes up is, ‘Why does George still have his boats?’ People still complain,” said Rusty Ayers of the Air Line Pilots Association, in Chicago. “We used to joke that if they ever got furloughed,…

Mayor: police merger certain: Key leaders line up to negotiate cop consolidation

July 4, 2005

The stars have finally aligned for a police merger. The key stakeholders are aboard and Mayor Bart Peterson, who has always qualified his cop consolidation plan as hypothetical, now openly predicts its success. S p e a k i n g directly on the subject for the first time, Peterson, a Democrat, told IBJ the General Assembly wrote a “blank check” allowing a merger between the Indianapolis Police Department and the Marion County Sheriff’s Department. He intends to see it…

Growth in big supply at 3-year-old Milor: Entrepreneur taps experience to land big clients

July 4, 2005

Michelle Taylor’s first customer was a north-side hotel that ordered 3,000 janitorial gloves a month. She got up at 3 a.m., processed the order out of her garage, and delivered the gloves in her car. Less than three years later, Indianapolisbased Milor Supply Inc. delivers 36,000 gloves a month, plus janitorial equipment and supplies and safety equipment, to universities, city and state governments, hospitals and a host of other industries across the country. The 35-year-old black female entrepreneur has moved…

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People

Mark Busalacchi

Articles

Ambassadair likes suitor: Chicago-based Waveland Investments might have jobs for ATA execs if it lands travel club

Interest high for soon-to-be-shuttered foundry: Size, location make redevelopment promising

BEHIND THE NEWS: Noble Roman’s pays up to sever ties with vulture

VOICES FROM THE INDUSTRY: The world might be flat, but construction costs aren’t

Fuel hike might ground ATA plan: Fleet-cut savings nearly wiped out

Travel club members take wing: Ambassadair hoping to stop declining enrollment in wake of parent ATA’s bankruptcy

CHRIS KATTERJOHN Commentary: Let’s emulate user-friendly Portland

Deal giving edge to unions muddies midfield contracts: Non-union contractors question whether bidding on project is worth the trouble

VIEWPOINT: Signs of economic recovery all around us

Group wants energy czar: Coalition believes utilities slow to climb on efficiency bandwagon

Event targets greener vehicles: Fleet operators to discuss emission-reduction methods at downtown conference

NOTIONS: Pugilism, Parkinson’s, politics, DNA: a powerful combination set to win

TOM HARTON Commentary: Keep your eye on the design

AAR lands another maintenance customer at base: Work for ATA Airlines raises questions about future of carrier’s own maintenance hangar as fleet shrinks

Travel firm says aloha to ATA deal: Hawaii pact with Southwest may ease loss of business from Pleasant Holidays

CIWBC director has worked in both the corporate and small-business worlds:

RETURN ON TECHNOLOGY: Here’s the secret to painless wireless hookups

ATA captain bids bon voyage to Orion: Mikelsons unloads $4.95 million luxury vessel as company’s struggles take toll on his assets

Mayor: police merger certain: Key leaders line up to negotiate cop consolidation

Growth in big supply at 3-year-old Milor: Entrepreneur taps experience to land big clients