ground transportation Archives

News Blog

Lyft Names Former Amazon Exec as Its New CEO

Ride-sharing firm Lyft has appointed David Risher, a former Amazon and Microsoft senior exec, as its new CEO. Lyft's co-founders Logan Green and John Zimmer are stepping down from their respective roles as CEO and president, and moving into non-executive roles, the company revealed on Tuesday. Risher was employee number 37 at Amazon, and was…

Matthew Parsons | 1 year ago

Startups

FreshBus Raises $3.1 Million for Electric Buses Across India

The roundup this week: Four travel tech startups based in four different continents, all focused on ground transportation.

Justin Dawes | 1 year ago

Travel Technology

Are Travel Tech Companies Safe From Layoffs? These Execs Are Optimistic — For Now

While Big Tech is laying off thousands, the travel tech companies interviewed for this column are hiring dozens of people. That's good for now, but we will see how hard the global economy gets hit next year. If too hard, some cutbacks may be inevitable.

Justin Dawes | 1 year ago

News Blog

Bus Ticket Marketplace Busbud Makes 2nd Acquisition of 2022

Busbud, an online marketplace for bus and other ground transport tickets, is now offering more software services to operators in that industry following a company acquisition. Montreal-based Busbud has acquired Toronto-based Betterez, according to LP Maurice, CEO and co-founder of Busbud. The deal was made with a mix of cash and equity, Maurice said. As…

Justin Dawes | 1 year ago

Airlines

Air France Looking to Make Even More Job Cuts — Reports

At a time when the aviation industry is struggling to cope with demand, the airline's plan to axe 300 ground-staff positions isn't well-timed.

Richard Lough, Reuters | 2 years ago

News Blog

Europe’s Multi-Modal Travel Platform Omio Raises $80 Million

Multi-modal transportation platform Omio has raised $80 million, with plans to expand via new partnerships, acquisitions and further growth into the U.S. after Europe-wide expansion. Omio launched in North America in 2020, but was then hit by the pandemic. However revenue has recovered to more than double pre-pandemic levels, and according to reports founder and…

Matthew Parsons | 2 years ago

Startups

Hotailors Lands $24 Million to Build New Financial Products: Travel Startup Funding This Week

Hotaliors secures more cash to develop new products and carry out a rebrand, while insurance platform Faye wants to make claim processes even easier with fresh funding.

Matthew Parsons | 2 years ago

Airline Weekly

American Airlines Turns to Buses to Restart Philly Regional Routes

What's old is new again amid a pilot shortage and high oil prices in the U.S. American Airlines will begin offering connecting bus service to two destinations from its Philadelphia hub in June in a low-carbon expansion of its network.

2 years ago