, · HNL
Recent News
Updated Mar 28, 2026The Hawaii Department of Transportation is advancing a $7 billion pipeline of airport construction and modernization projects over the next six to seven years. At Honolulu Airport, major initiatives include a $5.95 million Airports Rail Station Improvements contract to connect the Skyline rail station to terminals, and a $218 million Ticket Lobby Renovations project running through December 2027.
U.S. Customs and Border Protection is preparing to bring Seamless Border Entry for Global Entry members to Honolulu Airport in summer 2026. Hawaii DOT has implemented Enhanced Passenger Processing, Mobile Passport Control, dedicated family lanes, and TSA PreCheck Touchless ID to streamline the departure and arrival experience.
The Hawaii Department of Transportation selected International Shoppes to provide retail and in-bond duty free concessions at Daniel K. Inouye International Airport under a 10-year contract starting April 1, 2026. iShoppes will take over shops currently operated by DFS Hawaii and will open two new specialty retail spaces in the Mauka Concourse of Terminal 1, showcasing local Hawaiian products alongside international brands.
Airport Profile
Key Financial Data (FY 2025)
Enplaned Passengers (FAA CATS)
Cost per Enplanement (CPE)
Revenue
Expense
Ratemaking Overview
Settlement & True-Up
Not available
Extraordinary Coverage Protection (ECP)
To the extent that landing fee revenues and terminal rental revenues, together with all other revenues, are inadequate to meet all obligations, an Airports System Support Charge (ASSC) would be implemented to meet the rate covenant. The ASSC is calculated per 1,000 lb landed weight and charged to airlines. This makes the overall rates and charges methodology a residual Airports System that incorporates costs and revenues for the neighbor island airports. The airport can unilaterally impose the ASSC to meet coverage requirements.
Landing Fee Methodology
Overseas landing fee $3.89 per 1,000 lb landed weight; Interisland landing fee $1.52 per 1,000 lb landed weight. To the extent that landing fee revenues and terminal rental revenues, together with all other revenues, are inadequate to meet all obligations, an Airports System Support Charge (ASSC) of $0.00 per 1,000 lb landed weight would be implemented.
Terminal Rental Rate
HNL terminal rental rate $49.53 per sq.ft. Joint Use Holdroom Rate $1.43 per epax. Joint Use Baggage System Rate $3.40 per bag. Common Use Ticketing Position $8.47 per epax. International Arrival Area Rate $1.13 per dpax. Terminal rates for neighbor island airports are discounted as provided in 2007 Lease Extension Agreement.
Common Use & Gate Allocation
Additional Bonds Test
Not available
Rate Covenant
Not available
Flow of Funds
Not available
Source Documents
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