FIRST WESTERN REGIONAL AIRPORT MINORITY ADVISORY COUNCIL CONFERENCE TO BE HELD APRIL 26-27 IN LOS ANGELES

(Los Angeles, California -- February 8, 2001) To help minority- and women-owned entities do business with airports, the Airport Minority Advisory Council (AMAC) announced today that it will hold its first Western Regional Business Diversity Conference, April 26 and 27 at the Los Angeles Airport Hilton.

Co-sponsored by Los Angeles World Airports (LAWA) and the City of Inglewood Economic and Business Development Office, the conference will encourage and foster the participation of minority- and women-owned businesses in airport activities in California, Nevada, Arizona, and Hawaii. The conference will include workshops and panels featuring major airport contractors, key airport executives, the City of Los Angeles’ Minority Business Opportunity Committee (MBOC), other local business assistance programs, and small-business success stories.

Los Angeles Board of Airport Commissioner and Second Vice Chair of the Executive Commissioners Committee of Airport Council North America (ACI/NA), Dr. Warren W. Valdry stated, "There are many opportunities in the airport industry for small businesses to tap into and we want to ensure that minority- and women-owned businesses learn how that can be done through this conference." He added, "Tens of thousands of Southern Californians hold jobs directly or indirectly related to operations at Los Angeles’ airports, and billions of dollars are pumped into the economy as part of LAWA’s total economic contribution to the region."

"With this tremendous economic impact comes a responsibility to create a fair playing field that allows everyone the opportunity to participate in airport business," said LAWA Executive Director Lydia H. Kennard. "We are pleased to partner with AMAC and the City of Inglewood to help increase access to business and employment opportunities in the airport industry."

Clarence Daniels, AMAC western regional director and president and chief executive officer of Concessions Management Services, Inc., said, "We are extremely excited to bring this conference to Los Angeles for the first time."

According to Daniels, conference attendees will hear from experts on the legislative and legal status of the Federal Disadvantaged Business Enterprises Rule and how airports in Western United States are implementing the rule. They will meet prime contractors

LOS ANGELES WORLD AIRPORTS AND INGLEWOOD CITY SIGN AGREEMENT - TO IMPROVE AIR QUALITY, REDUCE AIRCRAFT NOISE, DEVELOP JOBS

More homeowners expected to participate in LAX’s residential soundproofing program with elimination of requirement for residents to sign easements

(Los Angeles, California – February 6, 2001) Officials from Los Angeles World Airports (LAWA) and the City of Inglewood today signed a wide-ranging cooperative agreement in an effort to reduce aircraft noise and air pollution over Inglewood and to help match Inglewood residents to jobs at Los Angeles International Airport (LAX).

"We want to be a good neighbor to the geographic area most impacted by aircraft operations at LAX," said John J. Agoglia, president of the Los Angeles Board of Airport Commissioners. "The agreement signed today by the City of Inglewood and the Airport Commission is an historic action that resulted from months of positive discussions with the leaders of Inglewood."

Inglewood Mayor Roosevelt Dorn said, "This agreement is the first step in an ongoing process that should address three of the airport issues that are of most concern to our residents -- air quality, aircraft noise, and jobs." The mayor added that he is looking forward to working more closely with LAWA to address the range of issues included in the agreement.

Airport Commissioner Dr. Warren W. Valdry said, "This cooperative agreement is another manifestation of LAWA’s long standing relationship with Inglewood that currently has nearly 1,800 residents who have jobs directly tied to LAX." He added, "This comprehensive

program speaks volumes to LAWA’s commitment to improve the quality of life for Inglewood residents."

Major components of the agreement include:

• LAWA agrees to suspend its requirement that Inglewood homeowners sign avigation easements in return for receiving LAWA-provided noise insulation benefits, which average about $25,000 per home.

• LAWA will accelerate the funding to insulate Inglewood homes and include air conditioning in its Inglewood program. LAWA has agreed to establish a pilot program to soundproof properties otherwise ineligible for soundproofing monies. Up to $10 million will be provided for this pilot program.

• LAWA will initiate a new study to determine if the Federal Aviation Administration (FAA) can take additional measures to improve the level of airline compliance with LAX’s policy for over-the-ocean takeoffs, particularly at night. A separate, second study also would be initiated in an attempt to obtain FAA approval of various penalties that could be imposed on airlines whose flights violate the existing nighttime (12:00 midnight to 6:30 am), over-the-ocean curfew procedures at LAX.

• LAWA will continue its commitment to the Aircraft Noise Task Force (also known as the LAX Community Noise Roundtable) established in September 2000 to discuss apparent curfew violations, proposed curfew violation penalties, and other LAX noise-related matters. The City of Inglewood has representatives on the noise roundtable.

• Upon completion of LAWA’s current air quality study of areas around LAX, LAWA will meet with Inglewood representatives regarding the results, and will discuss further studies and future actions that the two parties mutually agree upon.

• LAWA will conduct a comprehensive marketing program to heighten awareness of job opportunities at LAX to Inglewood residents and will work with community-based organizations and airport-wide employers to match qualified applicants with job opportunities at the airport.

• LAWA and Inglewood will study the possibility of extending the airport’s enhancements and traffic improvement program on Century Boulevard from La Cienega Boulevard to Crenshaw Boulevard (just east of Hollywood Park and The Forum) in Inglewood. Subject to obtaining federal approvals necessary for LAWA’s funding participation, LAWA would make available up to $10 million for such improvements.

Lydia H. Kennard, LAWA executive director, said of the agreement, "These actions are a part of our Airport Community Improvement Program. Our commitment to the residents of the City of Inglewood is sound public policy and shows responsiveness to the people most heavily impacted by operations at LAX."

in the airport industry and learn of opportunities for subcontractors and joint-venture partners. The conference also will include a business-opportunity and access-to-capital fair which will provide networking and informational opportunities.

Established in 1988, AMAC is a national, non-profit organization designed to promote the participation of minority- and women-owned businesses in airport contracts, to encourage the employment of minorities and women in the airport industry, and to participate in advocacy, outreach and educational efforts to foster economic growth.

Los Angeles World Airports is a self-supporting department of the City of Los Angeles, which owns and operates a world-class system of four airports: Los Angeles International, Ontario International, Palmdale Regional, and Van Nuys.

More information about the conference is available by calling AMAC at (310) 215-4208.