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Avis Licensee Prevails in Georgia Liability Case

Avis Licensee Prevails in Georgia Liability Case

The Georgia Supreme Court ruled that the licensee could not be held liable for injuries to third parties caused by the driver of a stolen rental car — who was also an Avis employee.

May 10, 2021

Avis Earns $47m in Q1

Avis Earns $47m in Q1

Avis Budget Group posts its best first-quarter adjusted EBITDA since 2015, driven by double-digit growth in revenue per day in the Americas.

May 3, 2021

Zipcar Expands Partnership with the City of Philadelphia
Avis Contractor Exempt From $15 Wage Law

Avis Contractor Exempt From $15 Wage Law

A contractor that shuttled cars between Seattle-Tacoma International Airport and nearby Avis Budget locations is not considered a transportation employer under the city of SeaTac’s $15 minimum wage law.

April 12, 2021

Avis Answers ‘Who Moved My Cheese?’

Avis Answers ‘Who Moved My Cheese?’

During its quarterly investor’s call, Avis Budget Group showed how it’s meeting demand in a dramatically disrupted environment, with insights into sourcing new local market business, the semiconductor chip shortage, and the return of corporate travel.

February 23, 2021

Avis Budget Group Reports Positive EBITDA for Q4
Avis Reports $45m Net Income in Q3

Avis Reports $45m Net Income in Q3

Avis Budget Group announced third quarter net income of $45 million as a result of removing about $1 billion of costs for the quarter and taking advantage of the strong used vehicle market.

October 29, 2020

Avis Continues Furloughs in Ohio Due to Coronavirus
North Steps Down as Avis CFO
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

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