Riders Bear The Risk: Gavin Newsom Lets Uber & Lyft Slash Insurance 94% In Exchange For Weak Unions

Sep 01 2025

California Governor Gavin Newsom has struck a deal with Uber and Lyft that (1) will unionize drivers, and (2) deliver big cost cuts to the ridesharing platforms. But it’s the unions themselves that will benefit most; helpful to the Governor as he prepares for a presidential run.

Uber and Lyft will see a 70% – 94% reduction in how much insurance they have to carry, and while unions will be able to collect dues they won’t get much bargaining leverage.

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Only A Single Route Profitable: Air Tahiti Nui In Crisis As Seattle & Tokyo Flights Face Axe

Sep 01 2025

I’d start with talking to American Airlines, get Dallas up and running 3 times a week to replace Seattle and Tokyo, and shore up finances. Once the 787-9s are operating profitably, consider whether narrowbodies make sense to free up widebody capacity for new routes – but recognize that the number of routes that will work are limited.

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