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The company has laid off or furloughed 21,000 employees as a result of the coronavirus pandemic. April revenue is trending down 80% from the prior year. Similar trends are expected in May, but the company “expects a gradual recovery thereafter.”
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Essential workers include medical personnel, public safety workers, and others with government documents.
Read More →Avis reduced the size of its global fleet beginning in March and continuing in April, and currently estimate that it will end June with over 20% fewer units than the prior year.
Read More →Avis Budget Group’s CEO search committee, led by director Lynn Krominga, chair of the corporate governance committee of the board of directors, is conducting a thorough search process to identify a permanent CEO.
Read More →A fully connected fleet increases operational efficiency for Avis Budget Group by providing greater visibility into fleet usage and access to information in real-time.
Read More →The awards are voted for by travel and tourism professionals and consumers worldwide, and this honor recognizes the brands’ commitment to excellence, with an ultimate industry accolade.
Read More →The Avis, Budget, and Payless Travel Assistants offers business and leisure customers an enhanced digital experience with features like a mobile hotspot, unlimited talk and text, and access to top apps for streaming media and gaming.
Read More →The WINiT Awards recognize the women, men, and companies who are committed to supporting the professional development and advancement of women.
Read More →For the third quarter, Avis Budget Group reported declines in adjusted EBITDA, pretax income, and net income. Performance in Americas beat International.
Read More →Travel Weekly has announced the gold and silver winners of the 2019 Magellan Awards in ground transportation.
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