In Memoriam: Joe Vittoria, Former Avis CEO
In addition to Avis, Vittoria served in a global role at Hertz. After car rental, he developed a line of sailing superyachts.
February 6, 2021
In addition to Avis, Vittoria served in a global role at Hertz. After car rental, he developed a line of sailing superyachts.
February 6, 2021
The company will host a conference call for institutional investors to discuss these results on Feb. 17 at 8:30 a.m. Eastern time.
January 19, 2021
Market watchers are pegging Avis Budget Group’s recent stock spike to the vaccine rollout. They cite the company’s ability to adjust fleet to demand, its solid financial position regarding fleet debt, and its success in removing $2.5 billion in costs for 2020.
December 29, 2020
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.
December 7, 2020
Avis will host a conference call for institutional investors to discuss these results Oct. 30 at 8:30 a.m. Eastern time.
October 15, 2020
AirAsia India guests can opt to hire airport transfers, chauffeur-driven vehicles, long term car rentals or self-drive cars from Avis’s fleet of mid, premium, luxury and SUV cars.
August 29, 2020
Avis will host a conference call for institutional investors to discuss these results on July 29 at 8:30 a.m. Eastern time.
July 22, 2020
Avis anticipates revenues about 80% lower in April and May compared to the prior year, with a gradual recovery in June and improving thereafter.
May 6, 2020
The rental agency will be filing the appropriate forms with the Securities and Exchange Commission.
April 28, 2020
Hertz and Avis Budget Group have begun cost-cutting measures as travel demand drops dramatically following the coronavirus pandemic.
March 24, 2020
The terms of the new approximately two-year cooperation agreement include the appointment of Jagdeep Pahwa, a current board member and president of SRS, as vice chairman of the board.
February 25, 2020
In the fourth quarter of 2019, Avis Budget Group posted record revenues on improved fleet costs, utilization. Full-year revenues increased to a record $9.2 billion.
February 20, 2020
Over the last 15 years, Bernardo Hees has served as CEO of The Kraft Heinz Company, Burger King Worldwide Holdings, Inc., and America Latina Logistica.
February 10, 2020
On Forbes list of Canada’s Best Employers 2020, Avis Budget Group ranked fourth in the Travel and Leisure sector and highest among car rental companies.
February 5, 2020
Avis, Lyft, and Hyundai were all ranked highest in their categories.
February 3, 2020