ANC to Combine Operations in Four More Airports

WILMINGTON, Delaware -- A bankruptcy court on May 3 cleared the way for ANC Rental Corp. to combine its Alamo and National operations at four additional airports. The airports are located in Las...

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Study Indicates Travel Rebounding

WASHINGTON -- The travel industry is shaking off the aftershocks of 9/11, and both business and leisure travelers expect to hit the road more in the months ahead, according to a new study by Yes...

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Hertz Locations Become ISO9001 Certified

PARK RIDGE, N.J. -- Several branch locations of the Hertz Equipment Rental Corporation have received the International Organization for Standardization's (ISO) ISO9001:2000 certification for qua...

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ANC Names Tanner Sales and Marketing V.P.

FORT LAUDERDALE, Fla. -- ANC Rental Corp., owner of Alamo Rent A Car and National Car Rental, has named Travis Tanner the company's new senior vice president for sales and marketing."The appoint...

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Dollar Thrifty's First-Quarter Earnings Up

TULSA, Okla. -- Dollar Thrifty Automotive Group Inc. reported record net income of $12.1 million, or $.49 per diluted share, for the first quarter of 2002. For the comparable 2001 first quarter,...

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Cendant Raises Full-Year 2002 Projection

PARSIPPANY, N.J. -- After enjoying a record first quarter, Cendant Corp. now projects full-year adjusted earnings per share to be $1.36 -- representing a 30% increase over 2001 results. Cendant,...

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Payless to Acquire Tampa, Orlando Locations

ST. PETERSBURG, Fla. -- Payless Car Rental System said the company is purchasing car rental operations in Orlando and Tampa and will operate them as corporate stores. The two locations were prev...

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More RACs Cut Travel Agency Commissions

TULSA, Okla. -- Following the lead of Hertz and Avis, four more national car rental units have stopped paying travel agency commissions on corporate and government accounts under contract.Dollar...

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Dollar Corporate Acquires Kentucky Location

LOUISVILLE, Ky. -- Dollar Rent A Car Systems announced it has purchased the Dollar location at Louisville International Airport from licensee W.R.P. Inc. for an undisclosed price."This purchase ...

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Business Travel Rebounding

ALEXANDRIA, Va. -- Just over six months after the terrorist attacks on America, corporate travel is finally recovering, according to a new survey by the National Business Travel Association (NBT...

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Avis, Hertz Scrap Commissions for Corporate Accounts

PARSIPPANY, N.J. -- Avis Rent A Car System and Hertz Corp. have both ceased paying travel agent commissions on U.S. and Canadian corporate and government accounts with contracted rate agreements...

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Survey Finds Need for Rental Often Tied to Special Occasions

ST. LOUIS, Mo. -- More and more Americans are jumping into the driver's seat of an emerging trend -- renting cars to meet specific lifestyle and transportation needs, according to a new survey c...

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Cendant Appoints Coggin V.P.

PARSIPPANY, N.J. -- The Travel Distribution Division of Cendant Corporation announced it has named Robert Coggin, a travel consultant and retired Delta Air Lines' executive, to the division's ne...

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Budget Explores Recapitalization Options

LISLE, Ill. -- Budget Group Inc. announced it has launched a recapitalization initiative to restore its financial health. The company said it is currently in discussions with potential investors...

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Thrifty Adds International Locations

TULSA, Okla. -- Thrifty Car Rental has opened stores for the first time in Chile, Nicaragua and Indonesia. "Thrifty continues to make great progress breaking into new markets internationally," s...

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NYSE Delists Budget

LISLE, Ill. -- The New York Stock Exchange has suspended trading of Budget Group's common stock because of the company's failure to meet the exchange's minimum share price and market capitalizat...

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Hertz Launches Florida Promotion

PARK RIDGE, N.J. -- This spring, Hertz offers visitors to Florida its Florida Drive Out program. The program, designed to reposition Hertz's seasonal fleet out of Florida, serves as an incentive...

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Thrifty Names Team Owner of the Year

TULSA, Okla. -- Thrifty Car Rental has named Thrifty (Australia) Pty. Ltd. as its 2001 International Team Owner of the Year from among its 62 franchise owners around the world. Thrifty (Australi...

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Minnesota Senate Passes Stadium Tax

ST. PAUL, Minn. -- The Minnesota Senate on March 13 passed a $370 million stadium-funding bill that permits a $1.50 per-day surcharge on all vehicle rentals in the city where the stadium will be...

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Cendant Reports Strong First Quarter

NEW YORK, N.Y. -- At an investors conference March 18, Cendant CEO Henry R. Silverman told investors that the company's results through the first ten weeks of the first quarter are exceeding ex...

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