Tagged Avis Europe
May 7, 2012 in Rental Operations
Avis Budget Group’s revenue increases 31% on higher rental volume and stronger-than-expected residual values, with an overall net loss on Avis Europe acquisition costs.
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May 1, 2012 in Rental Operations
Reporting preliminary results, Avis Budget Group expects a 30% increase in revenue in the first quarter compared to the first quarter 2011, and full-year 2012 revenue to be $7.3 billion to $7.6 billion, a 24% to 29% increase compared to 2011.
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February 24, 2012 in Rental Operations
Through this agreement, ADAC will promote Avis products, services and special offers to nearly 18 million club members in Germany, while Avis will provide ADAC members with offers on a wide range of late-model cars, trucks and vans from a variety of manufacturers.
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February 17, 2012 in Rental Operations
Company reports net losses for fourth quarter and full-year 2011 on costs related to its purchase of Avis Europe, as well as a decline in pricing in North America.
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January 27, 2012 in Rental Operations
Members of Etihad Guest can earn triple air miles on all Avis locations worldwide until March 14.
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January 27, 2012
Avis’ growing U.K. network now includes 29 airport locations, and 306 town and city locations.
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January 23, 2012 in Rental Operations, Maintenance
In 2011, compared to prior-year results, the program saw significant cost reductions and revenue enhancements through enhancing operational efficiency, driving incremental revenue, reducing fleet depreciation and fleet maintenance costs, and improving the Avis and Budget customer experience.
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November 15, 2011 in Rental Operations
Hannah Thomson, HR director for the Avis UK office, spoke on the Avis Europe acquisition and market growth in her region.
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November 7, 2011
Transaction provides incremental liquidity for funding its European fleet.
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By Chris Brown , November 2011
The three public car rental companies posted healthy third quarter results last week. While the quarter was characterized by price competition, healthy volumes and fleet rightsizing, the key driver was the used-car market. But what does the future look like?
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