This quarter’s revenue was also 27% higher than the same period 2019, the last normalized quarter.
South Carolina’s Rep. Wendell Gilliard got a bill from Avis Budget Group for more than $20,000 in vehicle damage. A police investigation discovered that an employee had taken the car after the congressman returned it and caused $20,000 worth of damage.
Haim Kapelnikov’s staff is safe, with part of his team evacuated from Kyiv to Lviv.
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%.
Malco Enterprises Nevada has selected RateGain's AI-powered revenue management platform.
NuVinAir Global taps former Avis Budget Group district manager Brad Scott as new franchisee, expanding its nationwide footprint into North Carolina.
CarTrawler is now integrated into the United website and app to allow air travelers to book Avis and Budget rental cars with award miles.
For the quarter, Avis recorded more than $1 billion in adjusted EBITDA, its best adjusted EBITDA in company history. Stock surges on Avis's electrification intent.
As Avis Budget Group’s second quarter adjusted EBITDA came in at $624 million, the best in the company's 75-year history.
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