Critics of parking proposal question $500,000 penalty
City leaders argue the termination fee would be paid only if the city breaks the 50-year agreement after the City-County Council signs off on the deal, not if the contract doesn’t win approval.
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Southwest Airlines to buy AirTran for $1.4B
Dallas-based Southwest Airlines would bump Delta Air Lines from top carrier spot at Indianapolis International Airport when it acquires Orlando-based-based AirTran in a deal announced Monday. Southwest/AirTran would have about 33 percent of the Indianapolis market, airport officials said.
Report: Indiana infrastructure needs billions in work
The report by the Indiana section of the American Society of Civil Engineers gave Indiana a D+ in its first report card on the state’s infrastructure. That’s slightly better than the D grade given nationally.
Reopening set for Moscow covered bridge
Organizers are planning a weekend ceremony to dedicate a rebuilt covered bridge in central Indiana that was destroyed by a tornado more than two years ago.
Feds extend I-69 environmental study comment period
The Indiana Department of Transportation says the Federal Highway Administration has extended the comment period affecting Section 4 of the project for 30 days until Oct. 28.
Republic Airways CEO going ‘Undercover’
Bryan Bedford, CEO, president and chairman of Indianapolis-based Republic Airways, will appear in an episode of “Undercover Boss” this season, CBS-TV announced.
Lacy company takes stake in Oregon logistics firm
LDI Ltd. has acquired a majority position in Portland-based Oregon International Air Freight Co.
IPL identifies locations for electric car charging stations
The utility plans an aggressive rollout of charging stations with the imminent arrival of electric cars, such as the Nissan Leaf, due in showrooms this December.
Airport chief out of running for Atlanta job
John Clark III, executive director of the Indianapolis Airport Authority, has withdrawn his name from consideration for the top position at Hartsfield-Jackson Atlanta International Airport, the world’s busiest airport.
Downtown merchants want parking plan revoked
About 80 downtown business owners and employees have signed a petition urging Republican Mayor Greg Ballard’s administration to nix major plans to revamp metered parking in Indianapolis.
Indy airport boss remains on list for Atlanta job
John Clark III, executive director of the Indianapolis Airport Authority, is one of three finalists for the top position at Hartsfield-Jackson Atlanta International Airport, the world's busiest airport. Officials have made their pick, but won’t identify their selection.
Republic Airways lands $110,000 in federal penalties
Federal regulators say Republic delayed filing financial reports for subsidiaries Chautauqua Airlines, Republic Airline and Shuttle America. it is the second proposed sanction levied against the Indianapolis-based carrier this year.
Traffic-signal maker flashing red over Indianapolis contract
Domestic vendor who thought “buy American” provision would help it win contract loses out to Taiwanese supplier.
Logistics firm plans 100-plus jobs in Greenwood
Caterpillar Logistics will lease at least half of a 668,000-square-foot warehouse that has been empty since it was built four years ago.
City vendor may get $1.2B from parking-privatization deal
The pitch from Mayor Greg Ballard’s administration to privatize the city’s parking meters is compelling, but the proposal
to sell the meters to Dallas-based Affiliated Computer Services Inc. has the city giving up more in the long run than is immediately
apparent.
Time running out for suburban bus service
Transportation planners are scrambling to find federal funds to help pay for the popular commuter routes from downtown
Indianapolis to Fishers and Carmel.
Local racing-fuel supplier expands territory to 26 states
National Biofuels Distribution LLC, a subsidiary of Carmel-based Telamon Corp., signs two distribution contracts to expand
its distribution reach. The company began marketing its ethanol-based racing fuel, Ignite, about a year ago.
Opponents expected at hearing on I-69 project
Opponents of the Interstate 69 extension from Indianapolis to Evansville are warning that a 27-mile portion of the highway
could inflict significant ecological damage on a sensitive, cave-filled region of the state.
IndyGo airport route extended through 2011
The bus system’s announcement in May that its current service and fare structure will remain intact through 2011 helped to
extend the life of the route.
Purdue expert: Tracking tags may threaten privacy
Information security expert Eugene Spafford says companies can use the radio frequency identification tags for their own benefit
by tracking what consumers have purchased without the risk of being noticed spying on them at a store.