The committee reviewed and recommended approval to amend the Aviation Enterprise Fund Capital Construction Program Budget to fund the Revitalizing Washington Dulles International Airport project. Key discussions included the total project budget increase, the project's classification under the Airport Use Agreement, the requirement for Majority-in-Interest approval from signatory airlines, and details regarding modernization plans for the airport's concourses and Aerotrain extension. Furthermore, the committee heard a report on the project scope, program costs, and the status of the procurement process, including the selection of designer-contractor teams.
Enterprise
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The committee reviewed and accepted pre-solicitation terms for underwriting services to support capital debt financing for the Aviation Enterprise and Dulles Corridor Enterprise. The committee also received detailed financial reports for June 2026 for both enterprises, noting operational performance metrics, revenue targets, and variances in operating expenses, investment gains, and interest expenses.
Jan 1, 2026·Budget
Metropolitan Washington Airports Authority FY2026 Budget
The Metropolitan Washington Airports Authority's adopted operating and capital budget for the calendar year 2026 (January 1, 2026 - December 31, 2026), the legal budget of record approved by the Board of Directors on November 19, 2025.
Dec 31, 2025·Annual financial report
Metropolitan Washington Airports Authority Annual Comprehensive Financial Report FY2025
The Annual Comprehensive Financial Report for the Metropolitan Washington Airports Authority for the fiscal year ended December 31, 2025. It presents audited business-type activities and fiduciary component units, including the statement of net position, statement of revenues, expenses and changes in net position, and statement of cash flows, along with an independent auditor's report, management's discussion and analysis, and required supplementary information.
