The airport's decision comes as a bipartisan group of City-County Councilors backed a resolution asking airport authority to drop its case against Midwest Logistics Partners, owner of the Ameriplex business park south of the airport.
The terminal's four concourses and other structures built between 1954 and 1987 are all expected to be cleared by year's end.
The Indianapolis International Airport will boost revenue with a new deal with its valet-parking provider and lease payments from a second 75-acre solar farm.
Taking down the old passenger terminal at Indianapolis International Airport could cost half as much as anticipated. The airport authority board voted Friday to approve all but one of the recommended contracts.
The revenue-hungry Indianapolis Airport Authority is reviewing its entire parking operation, including opening up its valet parking contract in search of new services that would appeal to business travelers and in turn boost the airport’s bottom line.
A new feature is being added to the controversial LED screen installed more than a year ago, and the concourses will get new non-video art.
Amid rising ticket prices, passenger boardings fell by 2.2 percent last year, to 3.68 million. That’s a low not seen since 2003, according to airport records.
The former passenger terminal and administration building at Indianapolis International Airport could be rubble by this time next year. Offering a “blank slate” should improve marketability of the site, airport officials say.
The Indianapolis Airport Authority is in talks that could lead to a second solar farm at Indianapolis International Airport. Discussions are taking place even as the initial solar farm has yet to get off the ground.
The Indianapolis Airport Authority has taken its fight against an off-airport parking operator to the Indiana Court of Appeals after exhausting its options in Marion County Superior Court.
The Indianapolis Airport Authority’s aggressive effort to stop an Ohio firm from building a parking facility beyond airport boundaries has neighbors worrying the municipality will unleash its lawyers on virtually any nearby business deemed a threat to airport revenue.
A Marion County judge has denied a legal challenge by the Indianapolis Airport Authority that would prevent a Cincinnati-based developer from opening a competing parking lot near the airport.
Indianapolis International Airport managers say they haven’t given up hope that a single, mega-sized tenant could create an economic development boon at the site abandoned nearly four years ago when the midfield terminal opened. But the latest listing of redevelopment sites shows the former terminal complex being marketed in pieces.
Robert Duncan has held the position on an interim basis since March, when his predecessor, John Clark, abruptly stepped down. Duncan previously served as the authority’s general counsel and chief operating officer.
New agreements with airlines, presence of FedEx contribute to improving financial picture.
A long-awaited gas station at Indianapolis International Airport is to open by the middle of next year. Plans call for the facility to include a fast-food restaurant, service bay and car wash.
The Indianapolis Airport Authority has eliminated three executive positions, a move its board president says reflects a return to a more conventional and efficient corporate structure.
The Indianapolis Airport Authority recorded a $31.3 million operating loss in 2011, a result that new board President Michael Wells believes underscores the need to find new sources of revenue.
Sale of items such as X-ray machines and windsock poles typically raises $1 million for general fund.
Indianapolis International Airport has landed seasonal, nonstop service to Myrtle Beach, S.C., starting May 31. Vision Airlines said Thursday that it will fly the route using Boeing 737s through Oct. 31.
