If all goes as planned, travelers soon may be able to summon ride-share providers such as UberX and Lyft to take them home after they deplane at Los Angeles International Airport.
For passengers, that’s great news—at least, financially speaking. A cab from LAX to downtown can cost $50 or more without tip.
Ride-share market leaders Uber and Lyft charge closer to $30 for the same trip, except during periods of high demand when they cost more, sometimes considerably more, a phenomenon Uber calls “surge pricing.”
But ride sharing, becoming an an issue in the presidential campaign along with other sharing economy issues, is not such great news for cab drivers and taxi companies, which now have a near-monopoly at LAX, van-shared rides aside.