ABM Selected to Provide Parking and Shuttle Transportation at Orlando International Airport

Rhea-AI Summary

ABM has secured a significant 10-year, $300 million contract with the Greater Orlando Aviation Authority to provide parking and employee shuttle services at Orlando International Airport (MCO). The company will manage a new fleet of 61 transit buses and implement ABM Vantage, their advanced mobility intelligence platform, to enhance operational efficiency through real-time data analytics. This marks the first time MCO has delegated complete responsibility for capital investment and fleet maintenance to a contractor, showcasing GOAA's trust in ABM's capabilities. The partnership positions ABM as a key player in managing large-scale transportation programs at major U.S. airports while supporting MCO's innovation-focused vision.

Positive

• Secured substantial 10-year contract worth $300 million with Orlando International Airport
• First-time full contractor responsibility for capital investment and fleet maintenance, demonstrating strong client trust
• Implementation of ABM Vantage platform showcases technological capabilities and operational efficiency
• Expansion of services at one of the busiest and fastest-growing U.S. airports strengthens market position

Negative

• Significant capital investment required for procurement and maintenance of 61 new transit buses
• Long-term contract commitment carries execution and performance risks

News Market Reaction

-2.95%

1 alert

-2.95% News Effect

On the day this news was published, ABM declined 2.95%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

ORLANDO, Fla., June 11, 2025 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility, engineering, and infrastructure solutions, has been awarded a new contract by the Greater Orlando Aviation Authority (GOAA) to provide parking and employee shuttle services at Orlando International Airport (MCO). With this 10-year agreement valued at approximately $300 million, ABM is now the trusted partner delivering both parking and shuttle transportation services at MCO, one of the busiest and fastest-growing airports in the United States.

The MCO shuttle program will be enabled with ABM Vantage™, ABM’s advanced mobility intelligence platform which will deliver real-time data and analytics to improve fleet visibility, operational efficiency, and rider experience.

“This partnership reinforces ABM’s leadership in managing large-scale transportation programs at major U.S. airports,” said Sean Bromfield, President of Aviation at ABM. “By pairing our proven transportation expertise with our industry-leading tech and data capabilities, we’re delivering smarter, safer, and more efficient shuttle experiences for millions of travelers and airport employees. We’re proud to support GOAA’s innovation-forward vision at MCO.”

As part of the partnership, ABM will oversee the procurement, maintenance, and operation of a new fleet of 61 modern transit buses, bringing next-generation capability and rider comfort to both parking and employee shuttle operations. For the first time in MCO’s history, the responsibility for capital investment and fleet maintenance will be fully managed by the contractor—reflecting GOAA’s confidence in ABM’s operational strength and financial stability.

For more information on ABM’s parking and transportation services, visit www.abm.com/solutions/service-family/parking-transportation.

About ABM

ABM (NYSE: ABM) is one of the world’s largest providers of integrated facility, engineering, and infrastructure solutions. Every day, over 100,000 ABM team members deliver essential services that make spaces cleaner, safer, more efficient, and more comfortable. ABM serves a wide range of industries including aviation, commercial real estate, education, manufacturing, and transportation infrastructure. With more than $8 billion in annual revenue, ABM partners with clients to optimize operations and enable long-term success. ABM: Driving possibility, together.

For more information, visit www.abm.com

MEDIA CONTACT:
Michael Valentino
ABM
media@abm.com

FAQ

What is the value and duration of ABM's contract with Orlando International Airport?

ABM's contract with Orlando International Airport is valued at approximately $300 million and has a duration of 10 years.

How many buses will ABM operate at Orlando International Airport?

ABM will operate a new fleet of 61 modern transit buses for both parking and employee shuttle operations.

What technology will ABM use to manage shuttle operations at MCO?

ABM will use their ABM Vantage platform, an advanced mobility intelligence platform that provides real-time data and analytics for fleet visibility and operational efficiency.

What makes this contract unique for Orlando International Airport?

This is the first time in MCO's history that a contractor will have full responsibility for capital investment and fleet maintenance of the shuttle service.

What services will ABM provide at Orlando International Airport?

ABM will provide both parking and employee shuttle transportation services, including procurement, maintenance, and operation of the shuttle fleet.