Brief

The Board of Airport Commissioners has referred a lease agreement between Los Angeles International Airport and Atlas Air, Inc. for cargo facilities at 5761 West Imperial Highway. The Trade, Travel, and Tourism Committee approved the item on September 11, 2026. The agreement is now pending Council consideration. This contract governs cargo operations at LAX, a key revenue and employment driver for the airport.

Full summary

This Council File concerns a one-year lease agreement between the City of Los Angeles and Atlas Air, Inc., a cargo airline operator, for facilities at 5761 West Imperial Highway at LAX. The lease includes a one-year extension option and an associated building rental rate. The Board of Airport Commissioners approved the lease at its August 27, 2026 meeting by Resolution 28425, and is now asking the City Council to ratify that action and authorize LAWA's Chief Executive Officer, or a designee, to formally execute the agreement. The Board also requests that the Council concur with its CEQA determination that the action is exempt under Article III, Class 1(18)(c) of the Los Angeles City CEQA Guidelines. There is no impact to the General Fund. The file was submitted to the City Council on September 2, 2026, and referred to the Trade, Travel, and Tourism Committee on September 3, 2026. The committee scheduled the item for its September 11, 2026 meeting, where members will consider the three recommendations from the Board: confirming the CEQA exemption, approving the lease terms, and concurring with the Board's authorization for the CEO to execute the agreement. The file remains open and active in committee. The specific financial terms, including the building rental rate, are set out in the lease document attached to the Board's submission but are not detailed in the transmittal letter itself. No opposition or complications have been noted at this stage; the matter appears to be a routine leasing action consistent with LAWA's ongoing management of cargo tenants at LAX.

Activity (4)

• 2026-09-11 Trade, Travel, and Tourism Committee approved item(s) .
• 2026-09-08 Trade, Travel, and Tourism Committee scheduled item for committee meeting on September 11, 2026.
• 2026-09-03 Board of Airport Commissioners document(s) referred to Trade, Travel, and Tourism Committee.
• 2026-09-02 Document submitted by Board of Airport Commissioners, dated August 31, 2026.

Documents (5)

• 2026-08-31 Attachment to Report dated 8-31-26 - Resolution · attachment
• 2026-08-31 Attachment to Report dated 8-31-26 - Mayoral Transmittal · attachment
• 2026-08-31 Attachment to Report dated 8-31-26 - Board Report · attachment
• 2026-08-31 Report from Board of Airport Commissioners · report
• 2026-08-31 Attachment to Report dated 8-31-26 - Agreement · attachment