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Avis Budget Group’s global revenue of $3.2 billion and net income of $774 million were not only the best second quarter revenue and incomes in the company’s history, but also the best in any quarter ever.
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Both rental car companies plan to report their second quarter 2022 financial results in the next few weeks.
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This quarter’s revenue was also 27% higher than the same period 2019, the last normalized quarter.
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South Carolina’s Rep. Wendell Gilliard got a bill from Avis Budget Group for more than $20,000 in vehicle damage. A police investigation discovered that an employee had taken the car after the congressman returned it and caused $20,000 worth of damage.
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Haim Kapelnikov’s staff is safe, with part of his team evacuated from Kyiv to Lviv.
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Avis Budget Group was able to pivot to meet rapidly changing conditions last year. Can Avis and the rest of the industry manage what’s ahead in 2022?
Read More →Avis Budget Group’s adjusted EBIDTA of $683 million in the fourth quarter of 2021 was its best in the company’s history. Full-year revenues beat 2019 by 2%.
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Malco Enterprises Nevada has selected RateGain's AI-powered revenue management platform.
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NuVinAir Global taps former Avis Budget Group district manager Brad Scott as new franchisee, expanding its nationwide footprint into North Carolina.
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CarTrawler is now integrated into the United website and app to allow air travelers to book Avis and Budget rental cars with award miles.
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