Learn about Metropolitan Nashville Airport Authority, including Featured News, BNA Vision Capital Development Program, and The Team.
Since 1970, The Metropolitan Nashville Airport Authority (the "Authority") has owned and operated Nashville International Airport (the Airport or BNA) and John C. Tune Airport (JWN), a general aviation reliever airport. The Authority is a self financing entity and uses no local tax dollars.
To generate needed revenue, the Authority collects fees, rents and other charges from users such as airlines, car rental companies and concessionaires. Air travelers also contributes through passenger facility charges and parking fees.
To ensure its financial viability, the Authority entered into a signatory airline use and lease agreement (the agreement) effective through June 30, 2022. The agreement establishes three cost centers: airfield, terminal and terminal ramp area. The current agreement utilizes a “hybrid” airline rate-setting methodology with landing fees being calculated on a residual basis, terminal rental rates being fixed and terminal ramp area rates established through a compensatory methodology. Other than the airfield cost center, signatory airlines are not required to provide for break-even financial operations of the airport.
Pandemic Slowed Travel, But Progress Made for BNA® Vision, JWN® and Other Areas
*Watch a Year-In-Review video here: https://youtu.be/eJDJClwHlqg
NASHVILLE – With the close of the calendar year, Nashville International Airport took stock of the previous 12 months: Not surprisingly, the COVID-19 pandemic dramatically impacted air travel, especially in the spring, but BNA® achieved significant milestones in other areas, including an ambitious program for John C. Tune Airport®, and is poised to lead a robust economic recovery in the months and years ahead.
BNA passenger numbers for 2020 began with the busiest January and February on record, but quickly dropped as the economy slowed and air travel plummeted in mid-March and throughout April. Passenger traffic has steadily increased since then, and for the year some 8,284,570 passengers moved in and out of BNA, down 54.7 percent from 2019, when the airport set its seventh consecutive year of record-breaking growth with 18,273,434. That said, air travel has increased steadily throughout the year, from 62,533 total passengers in April to 729,293 in December.
The pandemic was not the year’s only challenge. John C. Tune Airport, BNA’s reliever airport in west Nashville, was devastated by the March 3, 2020, tornado, with more than 90 aircraft, 17 hangars and other airport infrastructure destroyed in the storm. Thanks to around-the-clock effort, flights were soon restored. Since then, JWN, as it is also known, has started an ambitious transformation: construction began on a new air traffic control tower, a major overall redevelopment plan was approved and a new executive director was named.
In response to the pandemic itself, the airport reinforced and enhanced its cleaning and sanitizing protocols, launched a public awareness campaign about CDC best practices, began distributing free face coverings, increased the number of hand sanitizer stations and installed plastic shields at airline counters. And more technology advances have been incorporated or are on the way, including touchless elevator panels and germ-killing UV lighting for escalators and HUVC air-handling systems. “Be Safe. Be Healthy. Be Nashville” emerged as BNA’s message to reassure travelers of the precautions taken at the terminal.
Meanwhile, staying focused on future needs, progress continued on schedule for _BNA® Vision, _the airport’s $1.4 billion expansion and renovation program designed to meet the region’s projected air travel demand in the years ahead.
The past year also saw the release of BNA’s updated economic impact study that analyzed the airport’s regional effects for 2019, which exceeded $8 billion—a 14 percent increase over 2018 and an increase of 131 percent since a similar 2012 study. Additionally, more than 76,000 area jobs and $3.2 billion in personal income were supported by activity at BNA in 2019. That same activity resulted in $6.8 billion in business revenue and produced more than $464 million of tax dollars for state, local and federal coffers. As pointed out in the study, BNA receives no local tax dollars.
“With challenges come opportunities,” said Doug Kreulen, BNA president and CEO. “I’m enormously proud of how our team responded to the pandemic. From enhancing our cleaning program to adding the latest in sanitizing technology and more, we have focused on keeping our passengers safe and the airport operational. Once COVID wanes, we fully expect BNA to help lead the economic recovery for Middle Tennessee and beyond. “
BNA® Vision and other 2020 milestones:
About Nashville International Airport®
With nearly 18.3 million passengers in 2019, Nashville International Airport has been one of the fastest growing airports in North America. According to a recent study, in 2019 alone, BNA® generated more than $8.1 billion in total economic impact, supported more than 76,000 jobs in the region and produced more than $443 million in state, local and federal taxes. BNA receives no local tax dollars. For more information, visit flynashville.com. Follow us on Facebook: @NashvilleInternationalAirport, Twitter: @Fly_Nashville and Instagram: @FlyNashville. Learn more about BNA® Vision, our growth and expansion plan for the airport, at BNAVision.com.
NASHVILLE INTERNATIONAL AIRPORT®, BNA®_, COMMANDER BERRY FIELD®, JOHN C. TUNE AIRPORT®, and JWN®, among others, are the registered trademarks and trademarks of The Metropolitan Nashville Airport Authority (“MNAA”). Use of these trademarks without permission from MNAA is strictly prohibited._
NASHVILLE, Tennessee – The Chief Financial Officer of the Metropolitan Nashville Airport Authority (MNAA), Marge Basrai, has been selected as one of The Bond Buyer’s “2020 Trailblazing Women in Finance” for her outstanding commitment to public finance and contributions made to the public sector. She is one of just six public sector finance professionals recognized nationwide for the award.
“Marge Basrai is a passionate leader and financial expert of incalculable value to our organization,” said Doug Kreulen, president and CEO of MNAA. “Her expertise in airport financing and the bond market are evident by the strength of both Nashville International Airport® and John C. Tune Airport®. I appreciate her talent and I cannot think of anyone more deserving of this recognition. She is, simply, one of the best in her field and I am proud to work with her.”
The Bond Buyer provides news, analysis and data for the entire municipal finance community through its website, e-newsletters and alerts, and a daily print edition.
Ms. Basrai, CPA, CGMA, CM, is a key member of the MNAA executive leadership team and is responsible for planning, organizing and directing the multi-faceted financial and fiscal management functions of both Nashville International Airport and John C. Tune Airport. Areas of responsibility include financial planning and analysis, budgeting and accounting, financial investment, debt management, grant financial administration, purchasing, and oversight of rates and charges. Other responsibilities include overseeing the implementation of improved systems, methods and procedures related to MNAA’s financial matters.
Ms. Basrai has 20 years of accounting and financial management service in the aviation industry. Previously, she served as vice president and controller for Wayne County Airport Authority, which operates Detroit Metropolitan Airport, Willow Run Airport and its airport hotel. She is a Certified Public Accountant, Charted Global Management Accountant and a Certified Member of the American Association of Airport Executives. Ms. Basrai holds a BS in accounting and an MBA, both from Michigan State University.
About Nashville International Airport
With nearly 18.3 million passengers in 2019, Nashville International Airport has been one of the fastest growing airports in North America. According to a recent study, in 2019 alone, BNA® generated more than $8.1 billion in total economic impact, supported more than 76,000 jobs in the region, and produced more than $443 million in state, local and federal taxes. BNA receives no local tax dollars. For more information, visit flynashville.com. Follow us on Facebook: @NashvilleInternationalAirport, Twitter: @Fly_Nashville and Instagram: @FlyNashville. Learn more about BNA® Vision, our growth and expansion plan for the airport, at BNAVision.com.
To keep up to date on BNA's day to day, find our Press Releases here.
BNA Vision will revive and expand Nashville International Airport’s fourth concourse, Concourse D, enlarge the existing Ticketing Lobby and Baggage Claim and renovate existing space in the central terminal.
Anticipated completion date is Summer 2020.
Travelers might notice some new dust walls in the Ticketing Lobby and Baggage Claim, and curbside construction fences on the Departures and Arrivals levels.
This project will include a six-level parking garage near the terminal, a new office building and pedestrian plaza.
Completion of the parking garage is anticipated in Spring 2020, and the office building and pedestrian plaza are scheduled for completion in Early 2021.
The old Short Term Parking Garage has been demolished. A bigger, better, modern garage is being built in its place.
By 2041, the population of the Greater Nashville Area is expected to surpass 2.5 million people. By 2023, BNA passenger traffic will grow from 17 million today to more than 21 million. BNA Vision is the dynamic expansion plan designed to get in front of this growth and maintain Nashville International Airport as a world-class airport.
For more information regarding the BNA Vision please visit bnavisionnashville.com
