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Avis Shows Sequential Improvements in Q2

Avis Shows Sequential Improvements in Q2

While revenue was down 78% in April, Avis Budget Group finished June down 59% from the prior year. Off-airport revenues are “close to pre-pandemic levels.”

July 28, 2020

Moody's: Substantial Travel Recovery Before 2023 Unlikely
Avis Forms Safety Coalition with Lysol, Medical Professionals

Avis Forms Safety Coalition with Lysol, Medical Professionals

Along with ABG, the coalition includes RB, which is the maker of Lysol, and a team of medical professionals from leading institutions, including Columbia University, with expertise in public health, COVID-19, and other infectious diseases.

July 13, 2020

Avis CEO Ferraro Talks Pandemic Pivot on CNBC

Avis CEO Ferraro Talks Pandemic Pivot on CNBC

In an interview with CNBC, Avis Budget Group’s CEO Joe Ferraro was asked about how the company transitioned into the coronavirus environment and how the Hertz bankruptcy might affect Avis.

July 10, 2020