The Ontario International Airport Authority (OIAA) approved a lease agreement with FedEx Express on June 26, 2018, to continue operations at Ontario International Airport (ONT) for the next 30 years with an option to extend the lease for another 10 to 20 years.
FedEx Express, a subsidiary of FedEx Corp, has operated at ONT for the past 31 years, occupying 18.5 acres on the airport’s south side. According to the initial 30-year lease, the company will relocate its operations to a 51.1-acre site located in the northwest quadrant of ONT in late 2020 after the site preparations have been completed. The site preparations are expected to be completed by January 31, 2019.