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Recent News

Updated Mar 14, 2026
Airport undergoes daily closures for rehabilitation project through March 7

John Wayne Orange County Airport is implementing daily airport closures from 0730-1415 UTC through Saturday, March 7, 2026 as part of a rehabilitation project. The closures affect airport operations during morning hours local time.

John Wayne Airport
John Wayne Airport passenger traffic increases 3.4% in January 2026

In January 2026, John Wayne Airport served 841,879 passengers, an increase of 3.4% compared to January 2025 when the airport served 814,132 passengers. The airport continues to see steady growth in passenger traffic.

John Wayne Airport·Feb 26, 2026
SNA announces new dining and retail concessions openings

John Wayne Airport announced the recent openings of several new dining and retail concessions in mid-February 2026. The expansions support the airport's long-term investment in quality service and convenience while enhancing amenities for travelers.

John Wayne Airport·Feb 19, 2026
TSA PreCheck Touchless ID technology coming to John Wayne Airport

John Wayne Orange County Airport is among the highest priority airports for TSA's PreCheck Touchless ID expansion in 2026. The technology will streamline security screening for eligible travelers through facial recognition and biometric systems.

Men's Journal·Jan 10, 2026

Airport Profile

Bond TypeGARB
Rate MethodologyCompensatory

Key Financial Data (FY 2025)

CPE$14.93
Signatory Landing Fee$3.6000
Enplanements5,469,903
Total Operating Revenue$185.6M
Total Operating Expense$157.5M
Operating Income$28.1M
Total Debt$0.00
Rate Covenant1.25x
Unrestricted Cash$447.7M
Landed Weight (1000 lbs)6,394,350

Enplaned Passengers (FAA CATS)

5.5M-3.9%
Route data →

Cost per Enplanement (CPE)

$14.93+8.9%

Revenue

$185.6M+6.2%

Expense

$157.5M+2.7%

Ratemaking Overview

Overall MethodologyCompensatory

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

Covenant Ratio1.25x

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.

1.Revenue Fund — Deposit all Revenues
2.Operating Fund — One-sixth of annual Current Expenses plus budgeted capital items
3.Revenue Bond Interest Account — One-sixth of interest due on next Interest Payment Date for each subaccount
4.Revenue Bond Principal Account — One-twelfth of principal due on next July 1 for Serial Bonds for each subaccount
5.Revenue Bond Sinking Fund Account — One-twelfth of Sinking Fund Requirement for Term Bonds (none for Series 2019)
6.Revenue Bond Reserve Account — Restore to Reserve Requirement if deficient
7.Subordinated Debt Fund — Amounts specified in Supplemental Indenture for Subordinated Bonds (none outstanding)
8.Renewal and Replacement Fund — One-twelfth of budgeted renewal and replacement amounts
9.Airport General Fund — Remaining funds for any lawful aviation purposes

Source Documents

Financial Statements

FY 24-25 JWA Financial Statements.pdf.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