09/22/2023 04:54 PM


For Immediate Release
September 22, 2023

LAX Public Relations
(424) 646-5430


The newest smart parking solution from LAX Official Parking features online pre-booking and efficient entry with the airport's lowest pricing available.


(Los Angeles) - Los Angeles World Airports (LAWA) is pleased to announce today's opening of LAX Budget Parking, a new parking facility set to further enhance the options and experience of guests using Los Angeles International Airport (LAX). As the airport experiences a nearly 16% increase in year-over-year passenger traffic, the return to the skies is being met with an influx of drivers seeking affordable parking solutions at the world’s sixth busiest airport.

LAX Budget Parking expands on the success of the award-winning LAX Economy Parking Facility and features many innovative data-enabled smart parking solutions allowing for a better customer experience, including contactless entry/exit, shuttle bus tracking and real-time changes to reservations. LAX Budget Parking is the most affordable option for travelers at LAX, with prices generally ranging from $15 to $20 per day with deeper discounts available. Guests are highly encouraged to use the online booking system at which allows customers to reserve their space ahead of time and take advantage of discounts.

Located at 5455 W. 111th Street between Aviation Blvd. and La Cienega Blvd., the former location of Parking Lot E, LAX Budget Parking offers 2,600 spaces and brings the total space count of LAX Official Airport Parking across its three other locations—Economy Parking, Van Nuys FlyAway and Central Terminal Area—to more than 15,000 spaces.

Shuttle buses will take guests between LAX Budget Parking and the Central Terminal Area. Shuttles will run approximately every 20 to 30 minutes.

“Reinventing Lot E to bring LAX travelers a convenient and affordable option with LAX Budget Parking has been an exciting project for us—especially following the success we saw with the smart parking initiatives,” said Justin Erbacci, Chief Executive Officer, LAWA. “With LAX Budget Parking, the airport continues to spearhead solutions for parking facilities to meet travel demands, provide budget-conscious options and set standards across the aviation industry with help from our partners at ABM Industries.”

ABM Industries (NYSE:ABM), one of the nation’s largest providers of facility services, infrastructure solutions, and parking and transportation management, manages LAWA’s parking facilities and aims to deliver unparalleled guest experience with a technology-first approach and data-driven solutions.

The opening of LAX Budget Parking is another component of the multi-billion-dollar LAX capital improvement program to complete and open to the public. The program includes the airport's forthcoming Automated People Mover train system and Consolidated Rent-A-Car facility, among other initiatives.

LAX Budget Parking is located at 5455 W. 111th Street between Aviation Blvd. and La Cienega Blvd., the former location of Parking Lot E.


About Los Angeles International Airport (LAX)
LAX, the sixth-busiest airport in the world serving nearly 66 million guests in 2022, is owned and operated by Los Angeles World Airports (LAWA), a proprietary, revenue-generating department of the City of Los Angeles that also governs Van Nuys Airport (VNY). As the international gateway to the Southern California region, LAX and its partners are dedicated to meeting global airport standards for customer satisfaction, safety, regional economic leadership, organizational performance and sustainability.

To better serve the millions of domestic and international guests that travel through LAX each year, the airport is undergoing a multi-billion-dollar capital improvement program to modernize its entire campus. Initiatives underway include an Automated People Mover, a Consolidated Rental Car Facility and two projects that will each add over one million square feet to the airport's existing property: Terminal 9 and Concourse 0. For more information about LAX, its transformation and its environmental, social and local workforce commitments, please visit Follow LAX on X (formally Twitter), Instagram, LinkedIn, Facebook and YouTube.

As a covered entity under Title II of the Americans with Disabilities Act, the City of Los Angeles does not discriminate on the basis of disability and, upon request, will provide reasonable accommodation to ensure equal access to its programs, services, and activities. Alternative formats in large print, braille, audio, and other forms (if possible) will be provided upon request.

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