BAA employees won't lose their jobs

Things may not be as bad as I thought when it comes to the 438 BAA Indianapolis employees who received layoff notices under the WARN Act. Inside INdiana Business reports that all BAA employees in good standing will be given jobs with the Indianapolis Airport Authority:

BAA Indianapolis LLC has filed a WARN Act notice that it is laying off 438 workers as part of its agreement with the Indianapolis Airport Authority to transition management of the airport over to the Authority.

The Authority tells Inside INdiana Business that the filing is a formality and that as previously announced, BAA employees in good standing will be given jobs at the airport as part of the agreement reached between the two companies earlier this month. BAA says it expects to terminate the employees between July 15-29.

The Authority has announced that it will end its contract with BAA over the management of the airport in December, one year before BAA's contract was to expire. The Authority says BAA had notified it that it would not pursue a new or extended contract.