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Avis Budget Group has been named one of America’s Top Corporations for Women’s Business Enterprises. Avis Budget is the only car rental company to earn a spot on the annual listing.
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Budget Car and Van Rental UK has invested in a fleet of 100 fuel-efficient Mercedes-Benz Citans.
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Avis Budget reported increased revenue for both the fourth quarter 2015 and full-year 2015 and a net loss of $5 million in the fourth quarter. The company also addressed the impact of ride-hailing companies Uber and Lyft.
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Avis Budget Group has expanded its consumer car sales program to Missouri and Oklahoma. This program offers late-model Avis and Budget rental vehicles for purchase.
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Under the extended agreement, Avis Car Rental, Budget Car Rental and Payless Car Rental have been named the preferred car rental partners of American Airlines’ AAdvantage program.
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Avis Budget Group plans to report its fourth quarter and full-year 2015 financial results after market close on Tuesday Feb. 23.
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As part of an agreement with SRS Investment Management, Avis Budget Group has increased its share repurchase authorization by $300 million and appointed a new director on its board.
Read More →This partnership allows Avis Budget to promote its Avis, Budget and Payless Car Rental brands and provide offers to JetBlue customers.
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As part of its digital transformation initiative, Avis Budget Group has created new Avis and Budget mobile apps in the United Kingdom, as well as new Avis websites in France, Germany, Italy, the Netherlands and Spain.
Read More →As part of the multi-year agreement, Copa Airline’s ConnectMiles loyalty members can save money on Avis and Budget car rentals and earn 100 miles per day when renting a vehicle.
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