The $4.5 million in funding comes from the latest two-year state budget approved this year by the Indiana General Assembly. VU said the effort will help address a growing demand for professionals in the aviation industry.
Read More
Jet Access intends to relocate 63 corporate employees from offices in the Indianapolis area as part of the move and hire 20 more employees in Fishers by 2025, according to the city.
Read More
In this week’s edition of the IBJ Podcast, Chuck Surack sheds more light on his decision to sell a controlling stake in Sweetwater and step away from day-to-day operations. And he explains the reasoning behind his desire to keep the heliport open.
Read More
The Indianapolis Airport Authority said it hopes to receive tentative approval to decommission the facility at 51 S. New Jersey St. by the end of February. It is working with the Federal Aviation Administration to secure the designation, which is crucial for future redevelopment of the site.
Read More
In a letter, Indiana Attorney General Todd said he believes that the $15 million offer made by Chuck Surack prior to the approval of the Indianapolis Downtown Heliport’s sale to the city did not receive due consideration.
Sen. Todd Young said the site will mean more training opportunities for the Indiana National Guard and other military who come here to train, plus spillover economic benefits to communities that host them.
Republic Airways president Matt Koscal has been with the company since 2014, serving in several positions.
The Carmel-based regional airliner had been a publicly traded company until April 2017, when it emerged from Chapter 11 bankruptcy as a privately held company.
The expedition team, which includes researchers from Purdue University, was set to launch from Majuro in the Marshall Islands on Nov. 4, sailing about 1,200 nautical miles to Nikumaroro.
Drones are already used in a variety of ways, including bolstering search and rescue operations, applying fertilizer, inspecting power lines and railroad bridges and delivering packages.
The National Transportation Safety Board investigation found that the Army chopper involved in a fatal midair crash at Reagan National earlier this year was flying above its altitude limit.
The House Transportation and Infrastructure Committee estimated last week that it might cost $12.5 billion to overhaul the air traffic control system.
Dabico A-Bridge LLC and its parent company, Dabico Airport Solutions LLC, plan to expand their Indianapolis facilities and add another 151 jobs by the end of next year.
At least six regional, municipal and county airports in Indiana are expanding or replacing their terminal buildings or improving their runways. Several others are weighing renovations and upgrades that are expected to take shape over several years.
Butch Wilmore and Suni Williams have been up there since early June, their planned eight-day mission at the two-month mark and possibly heading toward eight months.
The deal includes just over $487 million in penalties—the statutory maximum—although Boeing would only have to pay half because it is receiving credit for payments it made as part of a previous agreement.
The Justice Department in May said Boeing had violated terms of a 2021 “deferred prosecution agreement” that would have allowed the company to avoid criminal prosecution in exchange for meeting a number of conditions.
Decommissioning the heliport is a needed step in the Hogsett administration’s plan to develop a professional soccer stadium on the east side of downtown.
The audits will focus on aircraft used by large corporations and high-income taxpayers and whether the tax purpose of the jet use is being properly allocated, the IRS says.
The Federal Aviation Administration said Thursday that it is launching an investigation into whether aerospace giant Boeing followed rules to ensure the aircraft that it built were safe for operation.
Boeing’s chief executive told employees during a company meeting Tuesday that the aerospace giant will be transparent as it attempts to move forward after the grounding of dozens of its 737 Max 9 aircraft over safety concerns.
The situation will no doubt compound the woes at Boeing, which has struggled to rebuild its reputation since an earlier model of the Max was grounded after two crashes killed 346 people several years ago.
The FAA’s emergency airworthiness directive grounding the planes affects 171 aircraft. Two airlines in the United States—Alaska Airlines and United Airlines—have Boeing Max 9 aircraft in their fleets.
The notion that hundreds or even thousands of electric-powered air taxis could be whisking people over jammed roads is inching away from science fiction and closer to reality.
