Chicago City Council Passes Concession Recovery Fee

According to Dec. 12 meeting minutes from the Chicago City Council, the council approved a concession recovery fee for on-airport rental car companies at O’Hare and Midway airports. The fee was proposed back in January.

In a 49-0 vote, the city council approved the 11% fee for all customers and lifted a restriction that only allowed a concession recovery fee on business rentals.

The vote will also allow the Commissioner of the Chicago Department of Aviation to enter into airport access agreements with off-airport rental car companies. Companies that enter an agreement may also charge a concession recovery fee at no more than 10% of gross revenues. The commissioner can also prohibit the use of airport roadways and facilities on companies that refuse to enter into an access agreement.

Related news: Alabama Airport Approves Rental Fee Increase

Comment On This Story

Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.


Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Market Forces Driving Car Rental in 2018

An analysis of the conference calls of Avis Budget Group and Hertz Global Holdings reveal trends and initiatives involving fleet right sizing, pricing, ancillary revenue opportunities, and renting to ride-hailing drivers.

Trends Moving the Truck Market

Storylines that emerged from the 2018 Work Truck Show include the increasing need for on-site productivity, inclusion of active safety systems in trucks, DPF frustrations affecting product decisions, data management, and the growing link between fleet management and company revenue.

MIT Study Reinforces the Newfound Importance of Fleet

Uber and Lyft drivers make far less when factoring vehicle expenses, though the actual numbers are now in dispute. A proper lifecycle cost analysis would’ve helped, and shows the benefit of collaboration with fleet professionals.

Job Finder: Access Top Talent. Fill Key Positions.