ATA Airlines Inc. largely blames FedEx Corp. for knocking it out of business this spring. Now, the bankrupt airline is preparing
to fight back by suing the Memphis cargo giant, charging it wrongfully canceled a military-charter contract that generated
hundreds of millions of dollars in revenue for ATA.
A new Web site developed locally and designed to attract youngsters to careers in the life sciences sector now shares something in common with the wildly popular Club Penguin site. The Indianapolis Private Industry Council, with assistance from locally based Creative Street Media Group, created BioWorksU.com. And while more educational and likely more appealing to a larger age group than Club Penguin, the two were among recent Webby Awards finalists. Called the “Oscars of the Internet” by The New York…
Spiking diesel fuel prices have deflated trucking stocks and made road kill out of many a small motor carrier. It’s sweet
irony for anyone who’s worn a pinstriped cotton cap to work. The rising price of diesel is poised to invigorate a mode of
transportation that trucks nearly annihilated–the 40 freight railroads crisscrossing the state.
From all the noise surrounding gasoline prices, you’d think nobody actually benefited from the high prices. But, of course, some folks do benefit. Let’s figure out who they might be. Obviously, consumers don’t benefit. The average car owner in the United States pays about $80 more per month with gas at $4 per gallon than he did back when it was $2.25. Not good news, of course, but hardly the end of the world. Folks who provide goods and services…
Last week, after spending $71.83 to fill up my car, I said to myself, “Tomorrow, I’m taking the bus.” So I did. It wasn’t my first time on the new IndyGo commuter bus from Carmel; it was my fourth in the last five weeks. On that particular day, I was fed up. It was the first time that gassing up cost me more than $70, and it made an impression. I guess that’s what it’s going to take for all…
What frequent travelers dislike is disruption, and that’s in your future if you travel through Indianapolis International Airport. If you’re a frequent traveler like me, you’ll need to be patient and learn some new tricks. Due to open late this fall, the terminal is a huge shift, with its own entrance off Interstate 70. Don’t go to the old terminal and look for a route to the new one, because there isn’t a convenient one. The airport parking lots you’ve…
Imagine driving the car down an interstate highway devoid of tractor trailers. It could dramatically improve traffic flow and safety, but it would sever supply chains and bring manufacturing to a halt-to say nothing of the state’s logistics industry. But how about putting those trucks in their own lanes, separated from cars and light trucks? What seemed merely a fanciful concept for Interstate 70 when highway planners tossed it out about a year ago is gaining momentum. The Indiana Department…
Planners and politicians spent the better part of a decade and untold millions of dollars studying a mass transit system between
downtown and the suburbs. They have little to show for it except mounds of reports and an estimate of $690 million, but the
boys in bib overalls at the Indiana Transportation Museum think they can get it done for much less.
Have you seen Margot Eccles or Brian Payne cruising downtown sidewalks on their Segways? It’s quite the sight, and a still-novel one considering Eccles and Payne are the only two people I know who have the two-wheelers and use them regularly in the central business district, save the security people at Circle Centre mall. I went to a meeting Eccles attended on the 29th floor of One American Square and her Segway was parked in the corner of the conference…
In mid-March, Bill Gates traveled to Washington to carry an unpopular message to Congress: Raise the limits on visas for foreignborn tech workers, or Microsoft and other high-tech companies will be forced to move more jobs overseas in search of a skilled work force. Gates’ testimony to the House Committee on Science & Technology wasn’t groundbreaking-the shortage of tech workers is well-documented. But it begs an obvious question: Why have computer science enrollments at U.S. colleges and universities fallen by…
In this curious primary season, Indiana finds itself the brief center of attention as Sens. Hillary Clinton and Barack Obama invest time and treasure in the crossroads of America. The strongest focus in both their campaigns is my favorite subject-the economy. Both candidates bemoan the poor Hoosier economy, its job losses and income inequality. This would be a superb campaign approach for both candidates, except that their claims are wholly, totally and embarrassingly devoid of facts. Indiana’s economy is doing…
An Indianapolis firm helping oversee construction of the city’s $1.2 billion midfield terminal is facing accusations from
Southwest Airlines that it failed to ensure the quality of a $12.4 million concrete apron at Long Island MacArthur Airport.
With all the media warnings on the state of the U.S. economy, it is hard to get a good idea what a recession is and what it might mean for Hoosiers. The formal definition of a recession is two consecutive quarters of negative economic growth. We haven’t had even one quarter where real growth dipped below zero, and the weakerthan-usual employment data of the first three months this year won’t be enough to pull the economy into a recession. The…
Earlier this year, the Wall Street Journal ran a front-page story about rail’s resurgence as a means for moving goods across the country. The story described the federal dollars being spent to fuel this railroad recovery, as well as the private sector investments being made and the economic benefits waiting for cities that get involved. The story included a map with thick, colored lines representing the key rail systems connecting the Midwest to the coasts. It took only a quick…
When Kathy Fitzgerald has a group of 85 day-camp kids to entertain, she needs someone who can hold their attention-easier said than done considering they range in age from 6 to 13, not counting the 12 young adults who work as camp counselors. If an act bombs, the result can be chaos. That’s why Fitzgerald, assistant park manager for Broad Ripple Park, has locally based FamilyTime Entertainment Inc. on her speed dial. FamilyTime can deliver a fully produced magic show,…
One of the great struggles of the day-Airlines vs. Human Beings-has taken some interesting turns lately, but the score remains the same as it has been for years: The human beings are not winning. Consider these touchdowns, so to speak, just from the last couple of weeks: A piece of a wing detaches itself from a US Airways jet and smacks into several of the plane’s windows before falling to the ground somewhere in Maryland. “May I have your attention,…
“I moved to Indiana on purpose,” I’ve been telling people since the move from Florida last August. The Indianapolis area attracted me and my business for a number of reasons-reasons which, I’m more convinced each day, Hoosiers take for granted. Someone might want to consider the good that’s right in front of our collective noses: Unlike Florida, whence I emigrated, people here know who can get things done, where businesses are, and whose reputation is good. A state full of…
Michael Grueninger, president of Grueninger Travel Group, has learned since his company bought Ambassadair in 2005 from now-defunct
ATA Airlines that many travelers once enamored with dirt-cheap fares they can book online want something more than low price.
They are willing to pay for service.
Barbara Flynn, a veteran of academia who arrived at Indiana University in 2006, is director of the IU Center for International Business Education and Research. CIBER, founded in 1981, creates business research and study opportunities for IU faculty and students, with the ultimate goal of preparing graduates to compete in today’s global economy. The center mostly is funded federally and operates on a $500,000 annual budget. The 55-year-old Flynn has a degree in psychology from Ripon College in Wisconsin and…
Former ATA Airlines employees are trying to comb the wreckage of the bankrupt carrier, looking to grab their financial belongings
before managers and lenders cart off what little is left. Pilots and flight attendants are opposing retention bonuses for
managers who will spend the next several months turning out the lights of the 35-year-old carrier.
