Paris, October 13, 2006 - JCDecaux SA (Euronext Paris: DEC), the number one outdoor advertising company in Europe and Asia Pacific and the number two worldwide announced today that; following its selection (see press release of September 11, 2006), the Los Angeles City Council voted unanimously to confirm the award to JCDecaux of a 10-year concession contract, including the extension option period, for advertising at LAX and Ontario airports.
With more than 60 million passengers per annum, LAX is the world's fourth largest airport and was the last major hub without an advertising program. This contract also includes marketing, sponsorship and naming rights opportunities, and should generate more than $200 million in revenues over its duration.
Jean-François Decaux, co-CEO of JCDecaux, said: “This award, following the renewal of the advertising concession for all three New York airports, BAA airports in the UK and Hong Kong airport some months ago, confirms JCDecaux’s leadership position in airport advertising in the United States and worldwide”.