Uber’s Airport Rides Still Small Part of Business, IPO Filing Reveals

Fears about Uber's dominance in airport service are overblown. That is one of a few headline conclusions to draw from the financial filing Uber Technologies released on Thursday in a prelude to its debut on the public markets. In 2018, Uber generated 15 percent of its ridesharing gross bookings from trips that drivers either started or completed at an airport. "The booking volume stated by Uber will relate to transactions and whilst lower than expected, the average transaction value to airports will be far higher than city 'point-to-point' journeys, particularly once Uber have levied the airport access fees that in the U.S. average between $2.50 to $5.00 of each trip," said Chris Wortley, an airport consultant. "The 15 percent of total volume is an interesting statistic," said Michael Lee, president of the consultancy Airport Business Advisors. "While airports are abuzz with activity as passengers arrive and depart, it seems reasonable that airport trips would be on the low en