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Recent News
Updated Mar 1, 2026John Wayne Airport is closed daily from 0730-1415 UTC through March 7, 2026 for a rehabilitation project. The temporary closures affect both commercial and general aviation operations as part of ongoing infrastructure improvements at the Orange County facility.
John Wayne Airport served 841,879 passengers in January 2026, a 3.4% increase compared to January 2025's 814,132 passengers. The airport announced on February 26, 2026 that it continues to see growth following a 2.1% increase in December 2025 passenger traffic to 961,634 passengers.
John Wayne Airport announced on February 19, 2026 the recent openings of several new dining and retail concessions, expanding amenities for travelers. The openings support the airport's long-term investment in quality service and convenience for passengers.
John Wayne Orange County Airport is among 16 high-priority airports receiving TSA PreCheck Touchless ID technology in early 2026. The facial recognition system will expedite security screening for eligible travelers as part of TSA's nationwide expansion to 50 additional airports.
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
Summary not provided in detail, but the Indenture permits issuance of Additional Bonds payable from Net Revenues on parity with the Series 2019 Bonds under conditions set forth in Appendix C.
Rate Covenant
Net Revenues must be at least 125% of Long-Term Debt Service Requirement. Net Revenues = Revenues minus Current Expenses. Debt service paid with PFCs, CFCs, or Grant Revenues is excluded from the Long-Term Debt Service Requirement calculation.
Flow of Funds
Priority waterfall: (1) Deposit all Revenues into Revenue Fund; (2) Operating Fund for Current Expenses; (3) Revenue Bond Fund (Interest, Principal, Sinking Fund subaccounts); (4) Revenue Bond Reserve Account to maintain Reserve Requirement; (5) Subordinated Debt Fund (if applicable); (6) Renewal and Replacement Fund; (7) Airport General Fund for any lawful aviation purposes.
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