Boston Logan International Airport

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Boston, MA · BOS

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Recent News

Updated Mar 8, 2026
February blizzard causes 971 flight cancellations at Logan Airport

A potentially historic nor'easter hit Massachusetts on February 23, 2026, causing 971 flight cancellations in and out of Boston as of 10 a.m. Travelers scrambled to adjust plans as the flight status board grew redder by the minute during the blizzard warning.

CBS Boston·Feb 23, 2026
JetBlue BlueHouse lounge to debut at Logan Terminal C this summer

JetBlue's long-awaited BlueHouse BOS lounge will open in Terminal C near gate C23 this summer. The 11,000-square-foot lounge will be 40% larger than its JFK counterpart and will feature uniquely Boston art, design, food options, and experiences with complimentary food, beverages, and private workspaces.

Boston.com·Feb 11, 2026
TSA PreCheck Touchless ID now available at Logan in Terminals A, B, and E

The Transportation Security Administration, in partnership with Massport, launched TSA PreCheck Touchless ID at Boston Logan International Airport in January 2026. The biometric technology allows eligible TSA PreCheck members to verify identity without presenting 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 (T-100)

17.5M-16.7%

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 Documents

Official Statements

BOS-2011AB-CFC-OS.pdf
BOS-2022A-OS.pdf

Financial Statements

BOS 2024 ACFR.pdf
BOS 2025 CAFR.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