Passenger traffic at the airport is expected to be 45% lower in 2020 than last year, but airport leaders say they are confident they can keep the organization’s finances stable.
Read MoreMario Rodriguez, executive director of the Indianapolis Airport Authority, said activity has dropped to as low as 5% of typical operations, with the the facility serving only 14 of its 53 destinations.
The suit, filed Tuesday in Marion Superior Court by Evansville-based Old National Bank, claims Paul Kite and his firm owe the bank $15.8 million.
Business is booming at Greenfield manufacturer ATMI Indy LLC, which is acquiring the property to accommodate the company’s growth.
The undeveloped site between Perry Road and Airtech Parkway is adjacent to the Shops at Perry Crossing and the Plainfield Commons shopping center.
The police and fire departments at Indianapolis International Airport have been non-union since 2011, when the airport authority withdrew its recognition of employee unions.
The city of Fishers and the Indianapolis Airport Authority have issued a call for proposals from parties interested in purchasing and developing a 65-acre site at the Indianapolis Metropolitan Airport in Fishers.
The Indianapolis International Airport is using a California firm’s motion-analytics platform in an effort to provide travelers with real-time updates on security checkpoint wait times and to monitor foot traffic in other parts of the airport.
Growth in international airline traffic, fuller planes and the addition of 500 flights by Allegiant Air helped led to record passenger traffic at Indianapolis International Airport in 2018.
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.
An ongoing effort to attract nonstop flights between Indianapolis and places like Asia, Mexico and Europe is in line for a big boost.
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.
The Seattle-based airline said demand was not as high as it had expected for the route, which it started less than a year ago.
A Detroit-based hotel operator alleges the authority and the tech company colluded to wrongfully terminate its lease at a 257-room hotel at the airport to make room for Infosys’ high-profile innovation hub development.
The hospitality market is booming—so is it finally time for Indianapolis International Airport to add an on-site hotel? Airport leaders are examining pitches from four developers that think it is.
The appointment increases the overall number of members on IAA board from 10 to 11, a change that was mandated by state lawmakers this year.
Delta Air Lines Inc. is in line for up to $5.5 million in state economic development incentives when it launches its nonstop flights between Indianapolis and Paris—but only if it sells enough tickets.
The Indianapolis Airport Authority reviewed some big proposals for the 125-acre site from industrial developers and others, but instead waited for a true economic development deal that could help transform the city’s west side.
Local officials say the land, part of Indianapolis Metropolitan Airport, could house up to 1 million square feet of new commercial development under a plan approved on Friday.
As vendor contracts expire at Indianapolis International Airport—and a slew of them lapse at the end of 2018, a decade after the terminal’s opening—officials are embarking on a project to freshen up the offerings.
The new netting will replace a system installed in 2009 after birds began roosting under the terminal’s front roof overhang, creating unsanitary conditions for visitors at ground level.
