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According to airport officials, car rentals have decreased by about 80%.
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The plan would allow vendors to skip monthly payments for any four months they choose March 2020 and June 2021.
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If the fee is deemed illegal and not repealed by the city, Phoenix could lose its share of state revenue, which is a third of its general fund budget.
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Consolidating the rental agencies would free up space to be used as airport-owned public parking lots.
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The ride-hailing companies said they will end service before the new pick-up and drop-off fees take effect Feb. 1.
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The $39,500 settlement includes provisions that requires Executive to stop collecting security deposits and ensure that customers can complete a walk around of the vehicle to check for any pre-existing damages prior to leaving the lot.
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Sometimes knowing when to waive a charge on a car rental bill matters more than a strict adherence to the bottom line — and can be a cost-effective marketing tool.
Read More →In a letter to Executive Car Rental, Michigain's Office of Attorney General said that it believes the rental agency is "engaging in a pattern of unfair trade practice."
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An investigation found that the companies did not clearly inform customers that they would be charged $15 per cashless toll.
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The surcharge fee would have raised the price of a Lyft or Uber ride by $2.75 and a taxi ride by $2.50 in Lower Manhattan.
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