LAX increases Uber, Lyft fees, a "small overdue expense for rideshare companies," airport officials say [CBS News]
Lyft, Inc. - Class A (LYFT)
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Source: CBS News
During a Tuesday board meeting, commissioners said the fee increase has been years in the making and is intended to balance who enters the Central Terminal Area and ease congestion. Fees have not been adjusted since 2016. Currently, Lyft and Uber drivers pay a $4 fee per drop-off and pickup, which will increase to $6. Because of a loophole, limosines and taxis pay only for drop-off, with no pick-up fee, according to board members. Across the board, fee increases will apply to all commercial for-hire vehicles, jumping to $12 for each pick-up and each drop-off in the more congested Central Terminal Area, where the Tom Bradley International Terminal is located. This increase will go into effect once the automated people mover, SkyLink, opens this summer. "Despite rideshare companies profiting heavily from LAX, the fees they pay to access our airport have remained unchanged for more than a decade, even as airports nationwide have increased both pickup and drop-off charges," David R
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