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The airport gets a new operator; many upgrades planned

The new fixed base operator at Indianapolis Regional Airport plans to invest in several capital improvements at the facility in Mt. Comfort. (File photo)By Susan Orr | Indianapolis Business JournalMT. COMFORT - Local airline Aero Management Group has acquired the lease to Indianapolis Regional Airport and is planning several capital improvements and the addition of charter services.Mt. Comfort is one of several general aviation airports owned by the Indianapolis Airport Authority, which also owns and operates Indianapolis International Airport.Aero, based in Greenfield, acquired the leasehold rights at the regional airport by acquiring another local company, Indy Jet.Indy Jet had the…

Private Jet-fly By-The-Seat pops up

So you do not want to fly with the airlines these days. And you do not want to charter an entire private jet for just one or two people. Or chartering a private jet is out of budget for what your gang will use. You just have good luck. But you need to be flexible and in many cases act fast. While there are various forms of jet sharing, there are several new pop-up flights on certain routes. The most recent participant is an outfit called Aero, which, like most private aviation PR sites, controls at least two fields. It…

Alibaba to raise up to $5bn in dollar bond

Alibaba to raise up to $5bn in dollar bond

Alibaba will raise up to $5bn from international debt markets this week, in what is set to be one of China’s biggest dollar bond sales, even as regulators pursue the technology group for alleged anti-competitive practices.The Chinese ecommerce group, which was founded by billionaire entrepreneur Jack Ma, announced the bond sale one month after proposals for the issue were first reported. Alibaba had previously been considering a bond sale of between $5bn and $8bn.The planned fundraising followed Alibaba’s latest earnings report on Tuesday, in which the group posted a 37 per cent year-on year-increase in revenue for the quarter that…

How often can you refinance your mortgage?

There is no limit to your practical ability to refinance, but there are some important factors to consider before touching on your mortgage. (iStock)Although the coronavirus pandemic has been a devastating economic blow to millions of U.S. households, there is at least one silver lining: mortgage rates have fallen since March, which now makes good time for some homeowners to refinance.If you have already refinanced your home in recent years, you may be in doubt as to whether or not to consider another. Don't worry, you can refinance your home more than once - the question is whether it makes…

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