The airport will sell 132 acres to the city of Indianapolis in phases over the next several years. In turn, the city will sell the property to Infosys for pennies so it can create a $245 million training campus.
Airport officials awarded a contract to an engineering company that will prepare retail spaces for new tenants as existing operators depart. Forty of the 53 retail concessionaires at the airport will see their leases expire Dec. 31.
Indianapolis International Airport has been on a roll in recent years, seeing strong increases in passenger traffic and direct flights. But now jet-fuel prices are on the way up, threatening to slow the airport's progress.
OneJet, a struggling regional business airline that got its start in 2015 by offering weekday nonstop flights from Indianapolis to Milwaukee, has suspended operations until at least October after a series of setbacks.