Los Angeles World Airports, the city’s governing body of the four local airports, said Thursday that JCDecaux SA has been awarded a 10-year concession advertising contract for LAX and Ontario airports.
Estimates have the contract being worth more than $200 million over its term. LAX is the fourth-largest airport in the world and one of the last major airports without such an agreement.
JCDecaux is the largest outdoor advertising company in Europe and Asia Pacific and number two worldwide.