Boston Logan International Airport

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Boston, MA · BOS

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Recent News

Updated Mar 29, 2026
Massport CEO targets passenger upgrades while managing $450M Terminal E garage project

Massport CEO Rich Davey is overseeing a $450 million Terminal E garage project that broke ground in 2025 and will add 2,000 parking spaces. Ongoing upgrades include signage, wayfinding, and technology amenities including Wi-Fi 6E introduced in September. Massport is also expanding Logan Express shuttle locations and launched a pilot program in Framingham allowing travelers to check bags and clear security before arriving at Logan.

ROCK 92.9·Mar 26, 2026
Logan to debut new TSA wait time tracking system in mid-April

Boston Logan International Airport is planning to launch a new system in mid-April to help flyers track wait times for security screening. The system uses camera analytics to capture how many bodies are in line and how quickly they're moving, with estimated wait times posted to Logan's website, the FlyLogan app, and screens at the airport. The technology is currently being tested in Terminal B.

WBUR News·Mar 23, 2026
No ICE agents deployed to Logan Airport despite national deployment

No ICE agents took up Transportation Security Administration roles at Logan Airport in Boston on March 23 as President Trump ordered federal immigration agents to beleaguered airports. ICE agents were not deployed to any New England airport, the TSA union president said, though they could come the following week. Logan Airport has so far avoided the delays plaguing other major hubs.

Boston.com·Mar 23, 2026
Over 30 TSA employees quit at New England airports but Logan avoids long lines

Mike Gayzagian, president of AFGE Local 2617, said that a little more than 30 TSA employees in the New England region have quit since the partial government shutdown began, most of them from Logan Airport. However, Logan has avoided long lines so far as the majority of TSA agents continue to work despite missing paychecks. Around 270 workers at Logan reported perfect attendance during the last shutdown, with some earning a $10,000 bonus.

Boston.com·Mar 18, 2026
Boston Logan launches TSA PreCheck Touchless ID in Terminals A, B, and E

The Transportation Security Administration, in partnership with Massachusetts Port Authority and participating airlines, announced the rollout of TSA PreCheck Touchless ID at Boston Logan International Airport in Terminals A, B, and E on January 20. This innovative biometric technology allows eligible TSA PreCheck members to verify their identity in seconds without presenting a physical ID or boarding pass.

Transportation Security Administration·Jan 20, 2026

Airport Profile

Governing EntityMassachusetts Port Authority
Entity TypeAuthority
Fiscal Year EndJune
Bond TypeGARB
Rate MethodologyCompensatory
AUA StatusRate by Resolution
S&PA+ (stable), Series 2022A Revenue Bonds, at issuance September 2022
Moody'sAa3 (stable), Series 2022A Revenue Bonds, at issuance September 2022
FitchAA- (stable), Series 2022A Revenue Bonds, at issuance September 2022

Key Financial Data (FY 2025)

CPE$23.50
Signatory Landing Fee$6.1700
Enplanements21,823,395
Total Operating Revenue$1.1B
Total Operating Expense$847.0M
Operating Income$215.7M
Total Debt$2.5B
Rate Covenant1.25x
Unrestricted Cash$1.2B
Landed Weight (1000 lbs)27,650,553

Enplaned Passengers (FAA CATS)

21.8M+5.0%
Route data →

Cost per Enplanement (CPE)

$23.50+8.2%

Revenue

$1.1B+8.1%

Expense

$847.0M+7.5%

Ratemaking Overview

Overall MethodologyCompensatory

Settlement & True-Up

Not available

Landing Fee Methodology

MethodologyResidual

Not available

Terminal Rental Rate

Not available

Common Use & Gate Allocation

Additional Bonds Test

Net Revenues for any 12 of last 18 months (annualized) ≥ 125% of MADS on all outstanding + proposed bonds. Historical-only test, no projected component.

Rate Covenant

Covenant Ratio1.25x

Two-part test: (i) Revenues ≥ Operating Expenses + 125% of Principal and Interest Requirements; (ii) Revenues ≥ Operating Expenses + P&I Requirements + Reserve Fund Requirements + Maintenance Reserve Requirements + PILOT + Capital Budget Requirements + Subordinated Debt Service

Flow of Funds

7-step waterfall: (1) Operating Expenses, (2) Bond Service Account, (3) Redemption Account, (4) Reserve Fund, (5) Maintenance Reserve Fund, (6) PILOT, (7) Capital Budget Account. Remainder to I&E Fund.

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