Fitch Revises Hertz Outlook
Fitch says the affirmation of Hertz's ratings reflects the strength of the company's stable market position, positive free cash flow generation, and good collateral coverage for its debt.
Fitch says the affirmation of Hertz's ratings reflects the strength of the company's stable market position, positive free cash flow generation, and good collateral coverage for its debt.
Frozen bond markets force the Port of Seattle Commission to vote to use up to $20 million from Sea-Tac Airport's cash reserves to ensure that construction of the $382 million rental car facility continues.
Amex Business Travel expects car rental rates to grow at a slower pace than airfares and hotel rates, if any growth at all.
In other appointments, R. Scott Anderson, senior executive vice president, will now be responsible for all corporate store operations, global sales and marketing efforts and franchise operations.
Luxury, highline cars are among the vehicles with the largest adjustments.
Paul Christensen brings more than 30 years of car rental experience to the environmentally friendly company.
Fox Rent A Car's selection of hybrid vehicles further supports Orbitz eco-travel initiatives.
Economic problems impact the airlines, as US domestic flights are set to fall by 11 percent, a 46 percent of the global decline.
Company welcomes three new Rent-A-Wreck franchises in Canada
Creative Colors' repair services to be used on U-Save vehicles.
New York Giants star Plaxico Burress falsely named an insurance company and cannot be reached to pay for damages.
He allegedly used his own driver's license, from the West African country Togo, to obtain an Ontario G1 license and then a credit card.
For Hertz, the price target was lowered from $12 to $11. Soleil lowered Avis Budget's price target from $10 to $9.
As vice president and general manager, Soleta will oversee all sales, marketing and administrative activities of the organization.
Budget Rent A Car's expansion targets the rapidly growing tourism industry in Vietnam.
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