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Recent News
Updated Mar 28, 2026Buffalo Niagara International Airport reported security wait times of under 15 minutes and virtually nonexistent lines as of March 23, 2026, despite nationwide TSA staffing shortages. Local officials credited dedicated TSA workforce loyalty and the airport's strategic size for avoiding the cascading delays seen at major hubs.
The Niagara Frontier Transportation Authority organized a gift card drive on March 24, 2026, accepting $20 or less gift cards at Buffalo Niagara International Airport's baggage claim to support TSA employees working without pay. All 200 TSA employees at Buffalo airport continue working, with donations split between Buffalo and Niagara Falls airports.
The Buffalo Niagara International Airport Fire Department is recruiting qualified candidates to join its Aircraft Rescue and Firefighting team, with applications due by March 27, 2026. The team ensures safety of the public, airport employees, and aircraft operations while providing fire suppression, emergency medical service, and rescue operations.
Buffalo Niagara International Airport added two new JetBlue nonstop routes in late March 2026. The San Juan, Puerto Rico flight operates four times weekly beginning March 27, while the Fort Myers, Florida flight operates three times weekly beginning March 26, offering limited reduced-price bookings to celebrate the launch.
Airport Profile
Key Financial Data (FY 2025)
Enplaned Passengers (FAA CATS)
Cost per Enplanement (CPE)
Revenue
Expense
Ratemaking Overview
Settlement & True-Up
Not available
Landing Fee Methodology
Not available
Terminal Rental Rate
Not available
Common Use & Gate Allocation
Additional Bonds Test
Two-part test: (i) Chief Financial Officer certifies no Event of Default exists; and (ii) either (a) Designated Financial Officer certifies Net Airport Revenues for the latest audited fiscal year equaled not less than 125% of Debt Service on all Outstanding Bonds plus the new Series; or (b) Airport Consultant certifies estimated Net Airport Revenues in each of the three full Fiscal Years following the fiscal year in which the project is placed in service (or when Refunding Bonds are issued) shall equal not less than 125% of Debt Service on all Outstanding Bonds including the new Series. Refunding Bonds may be issued under relaxed conditions. Completion Bonds (up to 15% of initial Series for a project) may be issued without clause (ii) compliance.
Rate Covenant
The Authority has covenanted to impose and prescribe schedules of rates, rentals, fees and charges for the Airport System to produce Net Airport Revenues (Airport Revenues less Operation and Maintenance Expenses) at least equal to one hundred twenty five percent (125%) of Debt Service on all Bonds Outstanding. Failure to comply does not constitute an Event of Default if the Authority promptly (i) causes an Airport Consultant to study and recommend rates adjustments, (ii) considers recommendations, and (iii) takes necessary action to comply. If rates are insufficient, the Authority must implement consultant recommendations unless they violate State or Federal law, regulation, mandate, or other agreements.
Flow of Funds
All Airport Revenues deposited monthly into Airport Revenue Fund. Priority waterfall: (1st) Airport Operation and Maintenance Fund and Accounts; (2nd) Airport Bond Fund and Accounts (principal and interest); (3rd) Airport Bond Reserve Fund; (4th) Subordinate debt principal, premium, interest; (5th) Subordinate debt reserve funds; (6th) Airport Renewal and Replacement Fund; (7th) Airport Development Fund (residual, applied to any corporate purpose after making up deficiencies).
Source Documents
Official Statements
Financial Statements
Source: FAA CATS Form 5100-127, DOT T-100 Market Data, Airport Official Statements · Hub classification: FAA CY 2024 Enplanement Data · Prepared by DWU Consulting