The car rental giant has been sending official notices to almost 300,000 customers since Sept. 5.
The five-year deal includes a new car rental location at Marne la Vallée—Chessy—Parcs Disneyland railway station.
Minnesota Supreme Court rules Avis and Enterprise Leasing properties at the Minneapolis-St. Paul airport were overvalued for tax purposes.
Full year revenues for Avis Budget Group increased 29% compared to 2022 and 31% compared to 2019, beating Wall Street’s expectations.
By partnering with EverCharge, Avis Budget Group has opened multiple EV charging stations at Houston’s George Bush International Airport. These stations will power Avis and Budget’s fleet of EVs at the airport.
The rental company saw revenues of $3.5 billion in Q3 2022 — 18% higher than the same quarter last year.
This quarter’s revenue was also 27% higher than the same period 2019, the last normalized quarter.
Avis Budget Group was able to pivot to meet rapidly changing conditions last year. Can Avis and the rest of the industry manage what’s ahead in 2022?
Avis Budget Group’s adjusted EBIDTA of $683 million in the fourth quarter of 2021 was its best in the company’s history. Full-year revenues beat 2019 by 2%.
Avis Car Rental is one of the 2022 Automotive Sector Loyalty Winners in Brand Keys’ Silver Anniversary Customer Loyalty Engagement Index.
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