Nashville International Airport
Large HubNashville, TN · BNA
Recent News
Updated Mar 14, 2026The Metropolitan Nashville Airport Authority announced on March 13, 2026, two leadership appointments as BNA advances its $3 billion New Horizon expansion. Caleb Douglas was promoted to director of operations planning and project coordination, while Samantha Hamilton joined as director of financial planning for capital programs.
Nashville International Airport is gearing up for one of its busiest travel periods with a 25% rise in passenger volume compared to spring break last year. The busiest travel days are expected to be March 6, 7, 8, 29, and 30, 2026, with expanded parking capacity and enhanced security operations.
The Metropolitan Nashville Airport Authority signed a 50-year agreement with The Boring Company to deliver an underground electric transit system linking downtown Nashville and BNA. The Music City Loop aims to ease congestion and support record growth at the airport.
Southwest Airlines began service on March 7, 2026, to five new destinations from BNA, including international Saturday-only flights to Montego Bay and San José, and domestic twice-daily service to Knoxville and Little Rock, plus Saturday-only service to Montrose, Colorado.
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
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
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