Budget Car Rental today announced that it has expanded its operations in Argentina with the opening of three new rental facilities. The new locations include one at Ezeiza International Airport in Buenos Aires, another at Jorge Newbery Airfield, which serves as the main hub for domestic flights from Buenos Aires, and an off-airport location in Belgrano, a residential district of Buenos Aires.
"We're committed to expanding our footprint in areas that will help us serve more customers and drive incremental rentals," said Patric Siniscalchi, president, Latin America/Asia-Pacific. "We're striving to serve value-conscious residents and travelers to Argentina, the second-largest country in Latin America."
Budget Argentina operates approximately 25 locations in Argentina, serving customers at major airports and metropolitan locations.
The revenue increase was driven primarily by a higher net revenue margin associated with two new subscription tiers launched in the second quarter.