Private jets luring buyers again, even at average cost of $9.7M
Private-jet buyers are coming out of hiding, encouraged by expanding businesses and lower corporate tax rates.
Private Planes
Articles
Many public universities now using private planes
At Ohio State University, football coach Urban Meyer and members of his family took 11 personal trips last school year at a cost to the university of $120,000. Purdue University flew an alumnus from Rhode Island for $15,000.
Sky’s the limit on bank’s aircraft finance business
1st Source is among few Indiana-based institutions to deal in jet financing.
Legacy Travel Club lands members but still pursuing big investors
A proposed membership-based airline that had hoped for a 2013 launch has signed up lots of members but has yet to pull in the big investors it needs to put its own plane in the sky.
Hamilton County airport closer to extending its runway
Federal, state grants will fund study of project intended to serve growing corporate clientele.
Local pilot turns aerobatics into satisfying ‘jobby’
Billy Werth’s passion for flying has landed him two jobs that pay the bills–as commercial pilot with Chautauqua Airlines and a major in the Air Force Reserves at Grissom Air Reserve Base in Peru. His third job is just for fun. Since 2006, Werth has owned an acrobatic flying company called Grayout Aerosports.
Indianapolis Regional Airport to handle heavier ‘birds’
Airport Authority OKs runway extension at Hancock County facility, fueling competition with Hamilton County's Executive Airport.
Airport begins taking stock of Super Bowl’s business impact
The Super Bowl generated more than $1 million in merchandise sales at Indianapolis International Airport and brought 528 additional aircraft to the facility and its regional reliever airports.
Airport in Bloomington expects Super Bowl traffic
The Monroe County Board of Aviation Commissioners will charge charge $75 a day for parking planes at the airport between Feb. 2 and Feb.6.
Former flight management firm owner pleads guilty to fraud
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.
Arson ruled out in $7M fire at airport hangar
The Indianapolis Airport Authority leases the hangar to ComLux Aviation Services, which uses it to maintain and refurbish business aircraft.
Pilots unhappy over airport changes in Greenwood
Pilots say they’re upset by changes since new management took over and have begun go to Shelbyville and other airports to buy fuel. Some are even considering moving their planes.
Process begins to change name of Mount Comfort Airport
Suggested moniker of Indianapolis Regional Airport needs approval from the Federal Aviation Administration.
Mount Comfort Airport revs up growth plans
For the six general aviation airports that ring Indianapolis, landing business jets is like finding silver dollars in a bucket
of pennies. Though relatively few compared with the number of piston-engine planes, jets consume three times as much fuel
at the area's small airports.
Not shying away from private jet sales
Eagle Creek Aviation Services CEO Matt Hagans has taken delivery of the first of 17 Phenom 100 business jets from Brazilian
aircraft maker Embraer.