Proposed Indy airline gets audience with Venture Club
Legacy Travel Club needs to raise $50,000 to unlock commitments from angel investors.
Legacy Travel Club needs to raise $50,000 to unlock commitments from angel investors.
Based on traditional yardsticks — lost bags, delayed flights, lousy service and bumpings from full planes — airlines are doing a better job, say private researchers who have analyzed federal data on airline performance.
Recently appointed airport board president Mike Wells said the parting of ways came after he and Clark met Monday afternoon. The move follows an IBJ report on $67,000 in travel expenses for airport executives in 2011, and Wells' plans to tighten oversight.
If the cost of aircraft fuel continues to approach $3.50 a gallon, 2012 fuel costs for the company's Frontier unit fuel will end up $40 million higher than the business plan.
Airport Authority OKs runway extension at Hancock County facility, fueling competition with Hamilton County's Executive Airport.
Frontier Airlines will cut daily departures from Milwaukee by 44 percent to drop unprofitable flights as Indianapolis-based parent Republic Airways Holdings Inc. prepares to sell or spin off the carrier.
A $120 million restructuring that included job cuts and cost reductions has returned Frontier Airlines to profit, allowing Republic to move ahead with the separation.
OHL Solutions Inc. will pay a $1 million fine for shirking its duty to screen for explosives cargo bound for passenger planes at Indianapolis International Airport, U.S. Attorney Joe Hogsett announced Wednesday morning.
The new CEO, David Siegel, is a former CEO of US Airways Group Inc. and Avis Budget Group. He has been serving as Republic Airways' lead director.
On Dec. 21, the Federal Aviation Administration issued a final rule addressing fatigue among passenger-airline pilots.
Republic Airways Holdings Inc., which uses regional jets to feed traffic to major airlines, said that its November traffic rose 2 percent.
AAR Corp. needs up to 200 more people at its Indianapolis aircraft maintenance center and plans a job fair on Saturday.
Terre Haute International Airport officials distributed brochures and advertisements about the facility and its hangars during a business aircraft convention this month in Las Vegas.
David A. Chaisson is one of two men charged in separate schemes to defraud Ryan International Airlines. Prosecutors say the schemes involved kickback payments in exchange for business.
A central Indiana water tower that once served as a local landmark for residents is being targeted for demolition because officials say it poses a safety hazard to a nearby airport.
The Indianapolis-based company said it spent nearly $227 million on aircraft fuel in the quarter, compared with $161 million in the same period a year earlier.
Frontier Airlines says it expects to return to normal service including a full schedule on Saturday after repairing planes that were damaged by hail.
Rolls-Royce’s Indianapolis plant assembles few of its workhorse T56 aircraft engines in whole, but cranking out spare parts for overhauls is a large business. The last contract modification, issued by the U.S. Air Force in 2007, is worth up to $789 million and is still active.
1,805-acre facility on the east side now will be known as the Indianapolis Regional Airport.
The state nicknamed the "Crossroads of America" wants to become a preferred landing spot for cargo planes, but industry leaders say Indiana could have a tough time attracting flights from neighboring states because many airports are competing for the same business and freight companies are resistant to change.