Nashville International Airport
Large HubNashville, TN · BNA
Recent News
Updated Mar 1, 2026Nashville International Airport is preparing for Spring Break 2026 with busiest days anticipated March 6, 7, 8, 29, and 30. The airport has increased parking capacity by 25% compared to Spring Break 2025 and will pause construction on a new terminal roadway lane from March 5-19 to manage traffic.
Nashville International Airport has begun site work on a consolidated rental car facility sized for approximately 4,800 vehicles paired with a 3,000-space parking garage as part of the New Horizon expansion. The $3 billion roadway and parking phase is expected to be completed in 2029.
The Metropolitan Nashville Airport Authority unanimously approved a license agreement with The Boring Company on February 18, 2026, for the Music City Loop tunnel connecting downtown Nashville to BNA. The 50-year agreement projects $34 million in license fees and $309 million in pickup/drop-off fees, with zero capital investment required from the airport.
Southwest Airlines will launch service to five new destinations from Nashville starting March 2026, including two international routes to Montego Bay and San José (Saturday-only flights beginning March 7), plus domestic service to Knoxville, Little Rock, and Montrose beginning March 6.
Airport Profile
Key Financial Data (FY 2025)
Enplaned Passengers (T-100)
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
Authority may issue Additional Senior Bonds if either (i) a Designated Financial Officer certifies that Airport Revenues minus Operating Expenses for latest audited fiscal year equaled not less than 100% of average Debt Service on all Outstanding Senior Bonds and the new Series and any required DSRF deposits, or (ii) an Airport Consultant certifies that estimated Airport Revenues minus Operating Expenses in each of three full Fiscal Years following project completion or refunding issuance equal not less than 125% of Debt Service on all Outstanding Senior Bonds including the new Series and 100% of any required DSRF deposits.
Rate Covenant
Airport Revenues minus Operating Expenses must equal at least 125% of Debt Service on all Outstanding Senior Bonds. Transfers from Nashville Airports Experience (NAE) Fund: (i) shall consist only of deposits made to NAE Fund in a prior Fiscal Year and (ii) shall not exceed 25% of Debt Service on all Senior Bonds Outstanding.
Flow of Funds
All Airport Revenues deposited into Revenue Fund, disbursed in priority: (a) Operating Fund for Operating Expenses; (b) Commitment Fee Fund for senior Support Facility commitment fees; (c) Airport Improvement Principal and Interest Fund for Senior Bonds Debt Service; (d) Airport Improvement Bond Reserve Fund to meet requirement; (e) Support Facility Fund for other senior Support Facility amounts; (f) Subordinate Commitment Fee Fund; (g) Subordinate Principal and Interest Fund; (h) Subordinate Bond Reserve Fund; (i) Subordinate Support Facility Fund; (j) Other Subordinate Obligations and reserves; (k) Operations and Maintenance Reserve Fund; (l) Renewal and Replacement Fund; (m) Nashville Airports Experience (NAE) Fund for remaining amounts.
Source Documents
Official Statements
Financial Statements
Rate Books
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