July 25, 2017

SFO cashes in on ride-hails: Uber, Lyft pay $2M per month

San Francisco International Airport at night
By Andrew Choy from Santa Clara, California (Flickr) [CC BY-SA 2.0], via Wikimedia Commons

It’s no secret that Uber and Lyft’s trips are booming at the San Francisco International Airport, and those rides also bring the airport big bucks.

That’s $2 million in fees from Uber and Lyft — per month — straight to the airport.

Those bucks come straight from the riders themselves in the form of a fee, according to Lyft and Uber.

The Board of Supervisors Budget and Finance Sub-Committee on Thursday approved an extension of the contract between the airport and a nonprofit, the Airport Research and Development Foundation, which assesses and collects fees from Uber and Lyft trips at the airport.

At the committee meeting, Supervisor Katy Tang praised the airport for seeking a middle-road approach with Uber and Lyft, instead of an outright ban.Tang said SFO officials were creative for “not just saying, ‘No, we’re not going to allow the rideshares at the airport’ … […]

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The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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