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Articles
Indianapolis Airport Authority credit rating holds steady even as revenue falls
Indianapolis has fared better than some airports in terms of declining revenue, with passengers down
about 10 percent for much of the year and revenue off 16 percent at one point.UPDATE: Airport OKs $325,000 in ‘betterment’ projects
Indianapolis’ new $1.1 billion airport terminal faces at least two nagging functionality issues: inadequate protection during
inclement weather at the second-level passenger drop-off platform and sunlight that floods the ticket lobby, making computer
screens hard to read.Experts see ‘great concern’ over local construction outlook
A symbolic topping-off ceremony early this month to celebrate a milestone on the massive JW Marriott hotel project can’t
hide the anxiety felt within the construction industry.Local FedEx employees working more during holidays
Many of the 5,000 employees at the FedEx Express hub at Indianapolis International Airport are benefiting from the holiday
shipping rush by working longer hours.Indy airport expects less travel than last year
The Indianapolis International Airport is expecting to be busy this week and next despite an average 8 to 10 percent decline
compared to the same period last year.First decade of century marked by buyouts and bubbles
The decade witnessed a massive terrorist attack, two wars, and a building-and-buyout boom fueled by easy credit.
NEWSMAKER: Clark lands jobs as airport CEO
The Indianapolis
Airport Authority hired John D. Clark III as CEO, luring him away from Jacksonville Florida.Top real estate stories of 2009
A major downturn in commercial real estate was inevitable, but the depths have surprised even seasoned industry veterans.
Returning soldiers cheered at airport
Loud cheers greeted the return of Indiana National Guard soldiers who spent 10 months in Afghanistan helping farmers improve
the production and marketing of their crops. Hundreds of people welcomed the 63 members of the 1-19th Agribusiness Development
Team as they arrived about 6 a.m. Wednesday at Stout Field in Indianapolis. The soldiers brought new farming techniques to
the country, where agriculture has declined over the past 30 years as crops have been replaced by poppies in the illegal opium
trade.Indianapolis airport closing off some parking
The top level of the parking garage at Indianapolis International Airport is being closed in a money-saving effort. Officials
also will block off some little-used areas of surface parking lots, saying that the decline in air traffic during the recession
has reduced the need for parking spaces at the new passenger terminal that opened in late 2008Area hospital construction taking break after expensive binge
Observers expect a lull with inpatient facilities for five years or more, but continued proliferation of outpatient
clinics and surgery centers.Stericycle to expand in Indianapolis
Illinois-based medical waste disposal firm Stericycle Inc. will expand its Indianapolis operations, creating as many as 109
jobs by 2011, the Indiana Economic Development Corp. announced Wednesday.Bird strikes frequent at Indianapolis airport
Bird strikes remain a threat—statistically more so than a Nigerian terrorist with a bomb in his BVDs—at Indianapolis International Airport. There were 37 bird strikes reported at the airport in 2009, five involving damage or temporary grounding of an aircraft.
Airport expert to bring ‘Aerotropolis’ concept to Indianapolis
Idea for old terminal calls for more deliberative planning of development in and around Indianapolis International to make
airport more of an economic development hub.Minority-owned logistics firm lands high-profile investors
Wireless phone distributor Brightpoint Inc. is among the backers of a new logistics company that says it might employ 250 by 2012.
Colts give local economy a kick
Indianapolis Colts Super Bowl run giving downtown hotels, restaurants and retailers a multi-million-dollar boost.
Two companies set to make major local expansions
Express Scripts Inc. on the west side of Indianapolis and Zipp Speed Weaponry in Speedway are scheduled Wednesday afternoon
to announce the
creation of hundreds of new jobs.