Indy airport to offer seasonal nonstop flights to San Diego
The Indianapolis Airport Authority said more news about nonstop flights to the western United States “could be just days away.”
The Indianapolis Airport Authority said more news about nonstop flights to the western United States “could be just days away.”
An Indianapolis Airport Authority official told board members Friday that the airport is working to land nonstop London service, but its efforts could take years to see results.
The Indianapolis-based airline company, which filed for Chapter 11 bankruptcy protection in February, filed its plan of reorganization this week.
Indianapolis-based Republic Airways Holdings Inc.—which is in the midst of Chapter 11 bankruptcy reorganization—lost a whopping $366.7 million in the third quarter as costs related to the reorganization mounted.
Two hedge funds that own a quarter of the stock argue the Indianapolis-based carrier, which flies commuter routes on contract for the nation’s biggest airlines, really wasn’t insolvent when the company filed for bankruptcy—a move that gave it the leverage to negotiate much more favorable pacts with Delta, United and American. And with those deals now sealed, the outlook is even brighter.
Indianapolis-based Republic Airways Holdings Inc. has reached an agreement to continue providing regional flights for American Airlines—a step Republic says “clears the pathway for a successful emergence” from its Chapter 11 bankruptcy case.
For the first seven months of 2016, the airport saw 2.49 million passengers board flights. During the same period in 2015, that number stood at 2.26 million.
A University of North Dakota study predicts that annual pilot deficits will escalate over the next decade and will total 15,000 by 2026.
According to flightstats.com, Indianapolis International Airport had 21 flights scheduled to depart between 5:20 a.m. and noon Monday. Most were delayed, some for more than four hours.
The Atlanta-based airline told customers via tweet that its computer systems were down "everywhere" and "hopefully it won't be much longer."
The new direct and daily service is the first year-round flight to the West Coast high-tech hub in Indianapolis history, local airport officials said Wednesday.
Still trying to raise money, Carmel-based Legacy Travel Club Inc. recently hit a milestone with a proof-of-concept day trip to Michigan.
If a bankruptcy judge approves the incentive plan, six senior executives of the commuter carrier would split as much as $4.7 million in bonuses over the next three quarters.
As it continues to work through its Chapter 11 bankruptcy reorganization, Indianapolis-based Republic Airways Holdings Inc. is seeking to get out of leases for 29 of its airplanes and two facilities.
The agreement is the second with a major air carrier that could help the Indy-based company emerge from bankruptcy.
Bombardier Inc. has removed from its production schedule an order for C Series aircraft placed six years ago by Indianapolis-based Republic Airways Holdings Inc., which is in bankruptcy. The price tag was $3 billion.
Indianapolis-based Republic Airways Holdings Inc.’s unsecured creditors are likely to recover less than 50 cents on the dollar in the airline’s bankruptcy, and stockholders should expect nothing at all, according to a letter from the company.
A year after launching in Indianapolis, the niche airline that focuses on corporate customers has shelved local service to all but one of its nonstop destinations.
A new report that ranks U.S. airlines found more U.S. flights are arriving on time and airlines are losing fewer bags, yet more consumers are complaining about air travel.
Republic says the professional-services firms it has tapped should be paid well because they're helping the Indianapolis company work through a "unique set of circumstances" that has never been faced in an airline bankruptcy.