Extension of Rental Car Concession Agreements at LA/Ontario International Airport

Los Angeles World Airports (LAWA), which owns and operates LA/Ontario International Airport (ONT), recently executed an amendment to rental car concession agreements at ONT. Warren Adams, Managing Partner of WJ Advisors, was a key member of a two-person team that advised senior LAWA management on identifying key changes to the concession agreements while maintaining alignment, as needed, with certain business terms and conditions of rental car concession agreements at Los Angeles International Airport (LAX), which are also being extended. LAX is owned and operated by LAWA.