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Recent News

Updated Mar 14, 2026
Boise Airport's New Rental Car Center Nears Fall 2026 Completion

Construction continues on Boise Airport's seven-story, 1,280-space Consolidated Rent-A-Car Center which began in February 2024. The facility includes a 20,000 sq.ft. customer service building and enclosed passenger walkway to the terminal, with completion expected fall 2026.

Boise Airport
Boise Airport Expects 165,000 Passengers During Spring Break Peak

Boise Airport anticipates nearly 165,000 passengers from March 12-22, 2026 during the spring break travel period. Airport officials note this year's rush could be especially busy as several local school districts and Boise State University are observing the same break schedule.

KTVB·Mar 12, 2026
Boise Airport Plans Security Exit Area Renovation

Boise Airport outlined plans to revamp the security exit area, moving the meet-and-greet space from the cramped upper level to a new location on the ground floor with new escalators. The project will occur after the rental car facility moves to the new garage, expected in fall 2026.

BoiseDev·Feb 4, 2026
Boise Airport TSA Implements $45 ID Verification Fee for Non-Compliant Travelers

Beginning February 1, 2026, travelers departing from Boise Airport without a REAL ID-compliant identification must pay a $45 ConfirmID fee. The fee ensures non-compliant travelers, not taxpayers, cover the cost of processing travelers without acceptable IDs.

Lite Online·Jan 21, 2026
Alaska Airlines Announces Seasonal Boise-Anchorage Nonstop Service

Alaska Airlines announced new seasonal nonstop service from Boise to Anchorage beginning June 2026 through mid-August. Roundtrip flights will be offered on Wednesdays and Sundays, eliminating the need for connections and making summer Alaska travel easier.

KTVB·Dec 19, 2025

Airport Profile

Bond TypeGARB
Moody'sA1
FitchA+

Key Financial Data (FY 2024)

CPE$7.89
Signatory Landing Fee$3.6800
Enplanements2,452,965
Total Operating Revenue$63.5M
Total Operating Expense$62.4M
Operating Income$1.1M
Total Debt$161.9M
Rate Covenant1.25x
DSC Ratio5.74x
Unrestricted Cash$79.4M
Landed Weight (1000 lbs)3,290,395

Enplaned Passengers (FAA CATS)

2.5M+3.5%
Route data →

Cost per Enplanement (CPE)

$7.89+83.1%

Revenue

$63.5M+37.3%

Expense

$62.4M+13.0%

Ratemaking Overview

Settlement & True-Up

Not available

Landing Fee Methodology

Not available

Terminal Rental Rate

Not available

Common Use & Gate Allocation

Additional Bonds Test

City must demonstrate: (i) no default and Net Revenues at least equal to 125% of Debt Service Requirements for preceding 12 months; (ii) either (a) Consultant's Report showing projected Net Revenues will be at least 125% of Debt Service Requirements on outstanding and proposed bonds for at least 5 fiscal years, or (b) City certificate that Net Revenues for any 12 consecutive months in preceding 24 months were sufficient to pay 125% of Debt Service Requirements on outstanding and proposed bonds; and (iii) each additional obligation secured by cash reserve or Reserve Account Credit Enhancement equal to Reserve Requirement. City may adjust Net Revenues for rate changes adopted prior to issuance and operational facilities.

Rate Covenant

Covenant Ratio1.25x

Net Revenues (Revenues minus Operation and Maintenance Expenses) at least equal to 125% of the Aggregate Debt Service Requirements for the applicable Fiscal Year

Flow of Funds

On or before three days prior to each March 1 and September 1, City shall pay to Trustee for deposit in Bond Fund an amount from Net Revenues sufficient to pay interest and principal then coming due on Series 2021 Bonds. Indenture also provides for establishment of Costs of Issuance Fund, Rebate Fund, and Reserve Fund.

1.Bond Fund — Deposit from Net Revenues 3 days prior to each March 1 and September 1 to pay interest and principal payments coming due on Series 2021 Bonds
2.Reserve Fund — Maintain Reserve Requirement; draw upon if Bond Fund insufficient; replenish deficiencies prior to next Payment Date

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