Outdoor sales for Prestwick have been handed to Airport Partners, a sister company to Adgroup, the transport advertising specialist which runs a joint venture with Titan Outdoor. The contract is expected to generate revenues of £2.5m over five years. Andrew Walker, chairman of Airport Partners, commented: "This is our first move into Scotland and Glasgow Prestwick is a rapidly growing airport."
Belfast International Airport, which serves five million passengers a year and could generate as much as £1m annually in advertising revenues, is already in discussions with new contractors.
Potential new partners include Eyecorp, which recently won the concession for Manchester Airports Group, JCDecaux Airport, Clear Channel, which holds Birmingham and had run Belfast before OTT, and Primair Sites.
A Belfast airport spokesman said: "There will be a new appointment. Because we were recently in the market, we are fully aware of what is available, so there is no need to go through another tender process."
OTT won both contracts in 2005 and they were due to run for three years. Belfast ended the relationship in early September and Prestwick terminated at the end of the same month.
OTT managing director John Leslie confirmed the Glasgow-based company, which had employed five staff, would now be wound up.
"OTT will cease to exist as an airport business," said Leslie.