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Update: Market Chatter: Lyft Piloting Shared Rides at US Airports Amid Rising Travel Costs
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Update: Market Chatter: Lyft Piloting Shared Rides at US Airports Amid Rising Travel Costs
May 26, 2025 10:32 AM

05:42 PM EDT, 05/19/2025 (MT Newswires) -- (Update with company response in the fourth paragraph.)

Lyft ( LYFT ) is reviving shared rides at US airports amid rising travel-related costs, Bloomberg reported Monday, citing a company spokesperson.

Lyft ( LYFT ) is piloting pooled rides at airports in Austin, Boston, Chicago, Denver, Los Angeles, Las Vegas, New Orleans, and San Francisco, a company spokesperson told the news outlet, adding that costs for those pooled rides are cheaper by as much as 20% than regular Lyft ( LYFT ) trips.

The spokesperson said that the company is "aware" of rising overheads related to airport travel and is exploring ways to make ridesharing more affordable to a broader range of travelers, according to Bloomberg.

In a statement to MT Newswires, a Lyft ( LYFT ) spokesperson said the company recognizes the challenges consumers face with rising airport travel costs and remains focused on developing solutions that balance affordability for passengers with valuable earning opportunities for drivers.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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