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Company reports net losses for fourth quarter and full-year 2011 on costs related to its purchase of Avis Europe, as well as a decline in pricing in North America.
Read More →According to Business Travel News, executives named to the list for 2011 were chosen for having made decisions that ‘had farther-reaching influence in a turbulent time.’
Read More →The car rental company received 12 World Travel Awards for customer service and business performance in its various operating regions.
Read More →In 2011, compared to prior-year results, the program saw significant cost reductions and revenue enhancements through enhancing operational efficiency, driving incremental revenue, reducing fleet depreciation and fleet maintenance costs, and improving the Avis and Budget customer experience.
Read More →The alliance will designate Avis Rent A Car and Budget Rent A Car as Wyndham’s preferred car rental providers.
Read More →Transaction provides incremental liquidity for funding its European fleet.
Read More →The increase in margin was primarily due to a 19 percent decline in per-unit fleet costs, including gains on vehicle dispositions, lower vehicle interest costs and incremental savings from the productivity initiatives.
Read More →Through its various incarnations, the American Car Rental Association has continuously advocated for major car rental companies, franchise owners and large and small independents. Today, the association is stronger than ever.
Read More →The move allows the company to expand its borrowing capacity to $2.5 billion.
Read More →Avis Rent A Car becomes the first car rental provider to offer personalized reservations using TripIt's open technology platform.
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