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Newsby StaffApril 24, 2020

Rating Agency to Downgrade Atlanta Car Rental Bonds

The bonds back the $200 million renovation of the State Farm Arena.

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Newsby StaffApril 17, 2020

PPP Is out of Money, More on Way

Last Thursday, the SBA announced it had stooped accepting new applications, though this Tuesday the Senate approved a measure that would revive the program geared to keep small businesses afloat.

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Newsby StaffApril 16, 2020

ACRA Asks Congress for More Relief, Vehicle Buyback Program

In a letter to Congress, the American Car Rental Association asks for increased funding and loan extensions for the Paycheck Protection Program, as well as a vehicle buyback program to stimulate new vehicle sales.

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Newsby StaffApril 15, 2020

USDOT Awards $10 Billion in Relief for America’s Airports

The funds will help airports impacted by the coronavirus pandemic. The funds are available for airport capital expenditures, airport operating expenses including payroll and utilities, and airport debt payments.

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Newsby StaffApril 14, 2020

Passenger Involved in Police Pursuit, Crash Sues Rental Franchisee

The passenger claims the Thrifty location serving Charleston County, S.C. rented the car without properly verifying the identity of the renter.

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Newsby Chris BrownApril 8, 2020

CARES Act Analysis: 17 Takeaways for Applicants

These findings were gathered from the April 7 webinar “Navigating the CARES Act for Small- and Medium-Sized Businesses with Fleets.”

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Newsby Chris BrownApril 1, 2020

Federal Relief Is Coming for Car Rental

Small businesses of 500 or fewer employees will have access to $350 billion in loans under the Paycheck Protection Program within the CARES Act. This loan money could turn into a grant under certain circumstances.

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Newsby StaffApril 1, 2020

Vehicle Rentals Classified as Essential Business Activity

While this DHS document is not binding on other federal agencies or on state or local governments, it is an important tool to reference if government officials question your company’s continued operation during the pandemic.

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Newsby StaffMarch 25, 2020

Airlines Consider Suspending Domestic Flights

As much of the U.S. is under mandatory stay-at-home orders, airlines have already seen a drastic decline in full flights. 

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Newsby StaffMarch 25, 2020

NYC to Hire Out-of-Work TLC Drivers

The City of New York needs licensed ride-hailing drivers to deliver food to senior citizens.

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