William P. Hobby Airport

Medium Hub

Houston, TX · HOU

← All Airports

Recent News

Updated Mar 1, 2026
$470M concourse extension project advances with seven new gates

Houston Hobby Airport's $470 million concourse extension is underway, adding seven new gates, a modern baggage handling system with two carousels, and a weather-protective canopy with starry sky motif. The project team is phasing construction around World Cup soccer matches coming to Houston this summer.

Engineering News-Record·Feb 27, 2026
Hobby Airport wins two national concessions awards at 2026 conference

Houston's William P. Hobby Airport earned two industry honors at the 2026 Airport Experience Conference: best overall concessions program and best commercial team in the medium and small airport category. Awards were announced February 25 in Nashville recognizing partnerships with Areas, LaTrelle's, Hudson, HMSHost, and others.

Houston Airports·Feb 25, 2026
METRO expands shuttle service connecting Hobby and Bush airports

Houston METRO expanded its Route 500 Downtown Direct shuttle to include Hobby Airport starting in late February 2026, connecting it with Bush Intercontinental Airport through downtown Houston. The expansion prepares for the 2026 FIFA World Cup with improved mobility between the city's two main airports.

Iowa Park Leader·Feb 22, 2026
Delta flight returns to Hobby after passenger cockpit breach attempt

A Delta Air Lines flight returned to William P. Hobby Airport on February 18, 2026, after a passenger attempted to access the cockpit and assaulted another passenger. The individual was detained by Houston Police upon landing after being restrained by crew during the flight.

Click2Houston·Feb 18, 2026

Airport Profile

Governing EntityCity of Houston, Houston Airport System
Entity TypeCity Department
Fiscal Year EndJune
Rate MethodologyHybrid Compensatory
AUA StatusNeeds Research
S&PA+
Moody'sA1
FitchA+

Key Financial Data (FY 2025)

CPE$8.78
Signatory Landing Fee$2.9300
Enplanements7,002,811
Total Operating Revenue$139.4M
Total Operating Expense$157.7M
Operating Income$-18.2M
Total Debt$638.6M
Unrestricted Cash$43.3M
Landed Weight (1000 lbs)8,018,009

Enplaned Passengers (T-100)

5.7M-20.0%

Cost per Enplanement (CPE)

$8.78+9.6%

Revenue

$139.4M+4.5%

Expense

$157.7M+18.8%

Ratemaking Overview

Overall MethodologyHybrid Compensatory

Settlement & True-Up

Not available

Landing Fee Methodology

MethodologyCompensatory

Not available

Terminal Rental Rate

Not available

Common Use & Gate Allocation

Additional Bonds Test

Not available

Rate Covenant

Not available

Flow of Funds

Not available

Source Documents

Official Statements

HOU-2021B-OS.pdf

Rate Books

HOU Jul25 Rate Book.pdf
HOU-IAH-FY2026-Ratebook.pdf

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