According to the Las Vegas Review-Journal, Fox Rent A Car and other off-airport rental car companies will have to start paying for shuttle bus use between the Las Vegas McCarran International Airport and its rental car center after complaints from on-airport rental car operators.
Avis and Enterprise claimed that because of growing revenues of off-airport operators, these companies were being unfairly subsidized because they were not required to pay the shuttle bus fee that on-airport companies must pay. Fox had been picking up its customers in its own shuttle bus at the rental car center.
Clark County Aviation Director Randall Walker told the Journal that complaints didn’t surface until Fox began to take a larger presence in total rental car revenues. In 2009, Walker said, Fox made up 2.6% of total rental car revenue, but in the first quarter of 2012, that percentage increased to 6.1%.
For the full article from the Las Vegas Review-Journal, click on the URL: http://www.lvrj.com/business/off-airport-rental-car-companies-will-have-to-pay-share-of-shuttle-costs-149970525.html
This webcast and conference call can be accessed through a link on the Investor Relations section of the Hertz website.