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LOR overall continues to trend downward, but ongoing market and economic conditions could affect future results while the industry deals with staffing and productivity challenges.
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The board cited financial pressures from COVID-19 as an aggravating factor.
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Wheels Car Rental System decided to thank their staff, vendors, and customers by producing their version of the Jerusalema Dance Challenge. The project got more complicated than expected, but the result will make you smile.
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In this long-term rental partnership, Mercedes will provide Post Nord 25 electric Sprinters to Post Nord, while Europcar will provide replacement vehicles, maintenance, and peak fleet provision as well as vehicle connectivity and data management.
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Many rental companies on the island off of Australia sold their fleet when the pandemic started, leaving the island with 50% fewer rental cars.
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Through the FlexClub marketplace, members pay a monthly "Buy Now, Pay Later" subscription for a car while earning points that discount the purchase price of the car.
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If users have a route suggested via Google Maps and want to use a taxi for the trip, Sixt Ride is now available as a Germany-wide provider of spontaneous mobility.
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Additionally, there is a second car rental counter available for lease.
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The plan would cut debt by 1.1 billion euros in exchange for shares and control of the company.
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A new app from the IATA will enable passengers to create a "digital passport;" receive test and vaccination certificates and verify that they are sufficient for their itinerary; and share testing or vaccination certificates with airlines and authorities to facilitate travel.
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There are recent positive trends in the car rental and travel markets, it’s your job as a manager to convey them and your positive sphere of influence to your team and those you’re looking to hire.
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