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NewsApril 24, 2002

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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NewsApril 24, 2002

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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NewsApril 24, 2002

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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NewsApril 24, 2002

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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NewsApril 24, 2002

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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NewsApril 22, 2002

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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NewsApril 5, 2002

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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NewsApril 5, 2002

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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NewsApril 3, 2002

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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NewsApril 3, 2002

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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