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Worldwide airline industry predicts profit in 2023, defying slowdown

June 20, 2022 | Bloomberg News

While most carriers are enjoying bumper sales as customers flood back following the lifting of COVID curbs, taking leisure trips and catching up with friends and family, there are doubts about how long the surge will continue as high fuel prices push airlines to hike fares.

Q&A with Cathy Langham about growing cold-storage demand

June 17, 2022 | Daniel Bradley

Indianapolis-based Langham Logistics is set to open a 150,000-square-foot warehouse in Whitestown to serve pharmaceutical and biotech companies—and their suppliers—who need cold storage, meaning anything from chilled space to ultra-low-temperature freezers.

Biden signs shipping law expected to cut consumer costs

June 16, 2022 | Associated Press

The Ocean Shipping Reform Act passed the Senate unanimously via voice vote and garnered bipartisan House support.

Indy airport makes push for more non-stop flights

June 10, 2022 | Mickey Shuey

The Indianapolis Airport Authority has committed at least $5 million over the next two years to try to attract new domestic and international non-stop flights, with an emphasis on the latter.

Geico facing $5.2M payout to woman who got HPV after sex in car

June 9, 2022 | The Washington Post

A three-judge appeals court panel upheld a county court’s decision affirming an arbitrator’s finding that the woman was entitled to the award.

Indianapolis tech firm ShipSigma plans expansion, 125 new jobs

June 7, 2022 | Susan Orr

Founded in 2018 as Parcel Optimization Technologies LLC, ShipSigma said the new jobs will offer an average wage of nearly $42 per hour.

Bidding war for Spirit Airlines heats up ahead of vote

June 6, 2022 | Associated Press

JetBlue said Monday that it will now provide a $350 million reverse break-up payable to Spirit if a deal between the two isn’t completed for antitrust reasons.

Canceled flights mar first weekend of summer for travelers

May 31, 2022 | Associated Press

U.S. airlines canceled more than 2,800 flights from Thursday through Monday, or about 2% of their schedules, according to tracking service FlightAware.

JetBlue launches hostile takeover bid for Spirit Airlines

May 16, 2022 | The Washington Post

Analysts say a merger of any of the two carriers could create an airline with the scale and routes to more effectively compete with the nation’s four largest air carriers.

AT&T raises prices on wireless plans to address higher costs

May 3, 2022 | Bloomberg News

The price hike will test whether carriers can join other industries like food and energy in passing on higher costs. The plan could backfire if disgruntled AT&T customers defect to Verizon and T-Mobile.

Spirit Airlines rejects JetBlue’s $3.6B bid, citing concerns over federal approval

May 2, 2022 | The Washington Post

The board of Spirit Airlines said it would continue to pursue a merger with Frontier Airlines.

Purdue, Duke Energy to study nuclear reactor to power campus

April 27, 2022 | John Russell

Just two months after Indiana lawmakers passed a law that would allow electric utilities to build small, prefabricated nuclear reactors, Purdue University and Duke Energy Corp. jointly announced Wednesday they plan to explore the feasibility of using the technology.

U.S. airlines say they’ve reached a turning point in recovery

April 21, 2022 | Associated Press

After a lousy first quarter, Airlines expect to be profitable as Americans return to travel in the biggest numbers since the start of the pandemic.

Federal judge voids mask mandate for planes, other travel

April 19, 2022 | Associated Press

The judge’s decision freed airlines, airports and mass transit systems to make their own decisions about mask requirements, resulting in a mix of responses.

UPDATE: CDC extends travel mask requirement to May 3

April 13, 2022 | Associated Press

The Centers for Disease Control and Prevention is set to extend the order, which was to expire on April 18, to monitor for any observable increase in severe virus outcomes as cases rise in parts of the country, according to a person familiar with the matter.

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