Avis News
Avis Budget Group amends existing credit facility and completes offering of senior notes
Avis Budget Group, announced today that it has completed an amendment of its existing senior secured credit facility, as well as its recently announced offering of $450 million aggregate principal amount of senior notes due 2018.
Avis Budget Group announces pricing of $450 Million of senior notes
Avis Budget Group, Inc. announced today that its wholly-owned subsidiary, Avis Budget Car Rental, LLC, has priced an offering of $450 million aggregate principal amount of 9?% senior notes due 2018.
Avis introduces electric vehicles for hire together with it’s long-term partner Renault
Building on its long-term environmental heritage, leading car hire company, Avis, has partnered with the Renault-Nissan Alliance to offer electric cars to its customers from 2011.
Travel experts reward Avis with highest praise at World Travel Awards
Avis Rent A Car has received multiple accolades at the 2009 World Travel Awards, described as the ‘Oscars’ of the global travel and tourism industry.
Avis warns of imminent price hikes
Avis Europe has warned customers to expect price hikes in the future in the face of lower demand, and that this would lead to a further exceptional restructuring charge of around €11m in the second half of this year.
Avis Budget Group Announces Fees for No-Show Rentals
Avis now tries harder to get a commitment
Avis named N.America’s Leading Car Hire at 15th anuual World Travel Awards
Avis Rent A Car was recognized by more than 160,000 travel professionals as “North America’s Leading Car Hire” at the regional World Travel Awards for the Americas, held recently in Orlando, Fla. The World Travel Awards were established in 1993 to acknowledge and celebrate excellence in the world’s travel and tourism industry.
Avis European getaway is back by popular demand
With Labor Day and the unofficial end of summer approaching, Avis Rent A Car reminds fall travelers that it’s not too early to take advantage of great rates on car rentals in its popular European Fall Getaway.
Could Avis have turned a corner?
Avis Europe says it may have turned a corner during the summer despite reporting net losses of €34.6m for the first six months of 2009, compared to a €6.8m profit for the same period in 2008. Revenues fell 14.1% to €533.2m, but strong performance in July and August indicated the market might be improving.
Avis Launches iphone application
Avis Rent A Car today announced the launch of a mobile iPhone application, a free interactive tool that allows travelers to book Avis car rental reservations via an Apple iPhone.
Avis Cool Car Collection Welcomes Legendary Chevrolet Camaro To The Streets
Avis Rent A Car System, LLC today announced that the much-anticipated Chevrolet Camaro joins the Company’s ‘Cool Car’ collection, a series of popular vehicles that can be reserved by specific make and model.
Avis Offers Savings on Rentals in Europe, Israel and South Africa
Heading to the United Kingdom for Wimbledon or to South Africa for the international soccer tournament? Planning to visit Israel? Avis Rent A Car today announced that customers traveling to Europe, Israel and South Africa can now save up to 20 percent on rentals of three days or longer.
Avis Will Have Florida Travellers Beaming With AT&T Cruisecastsm In-Car TV
Dallas and Parsippany, N.J., July 6, 2009 - Avis Rent A Car and RaySat Broadcasting (RBC) today announced that Avis renters at select locations can now enjoy the ride with AT&T CruiseCast service, a new satellite TV technology that delivers 22 video satellite channels as well as 20 audio channels to a mobile unit in automobiles. Beginning today, Avis renters at airport locations in Ft. Lauderdale, Miami, Orlando, Tampa and West Palm Beach can rent AT&T CruiseCast for $8.95 per day or $62.65 per week.
Avis to Offer Rental Car Services at Penske Auto Malls
Avis Rent A Car today announced that it has joined forces with Penske Automotive Group, Inc. (NYSE: PAG) to provide rental car services in select Penske Automotive locations in the United States. These new Avis locations will provide Penske Service customers with access to outstanding Avis vehicles at affordable prices, including the convenience of onsite professional service, automatic reservations and roadside assistance.
Avis Issues a Challenge to the NO. 12 Penske Racing Pit Crew
The annual NASCAR Pit Crew Challenge provides an opportunity for Cup Series crews to compete against each other proving who the best of the best is; however the No. 12 Penske Racing pit crew must first face off against Charlotte’s best Avis pit crews in a series of physical and mental challenges.
Avis Upgrades Where2® GPS Device with Flight Status Feature Provided by MSN® Direct
Avis Rent A Car today unveiled the latest enhancement to where2®, the Company’s portable Global Positioning System (GPS) navigation device. Avis where2 renters can now input their flight number or a time range into their GPS unit and receive up-to-date departure and arrival times, provided by MSN® Direct. There is no additional cost for this feature.
Avis Welcomes U.S. Chamber of Commerce Members to its Corporate Awards Program
Avis Rent A Car today announced that it has joined forces with the U.S. Chamber of Commerce to offer special savings on car rentals and other valuable benefits to the Chamber’s nationwide members. Members will be eligible for free rental days and discounted rates on rentals as well as exclusive services through the Avis Corporate Awards® program.
Crossing the Pond? Avis Offers Savings for Europe-Bound Travelers
Planning to spend St. Patrick’s Day in Ireland? Attending the Brussels International Festival of Fantastic Film? Running the London Marathon? Avis Rent A Car today announced that customers traveling to Austria, Belgium, Croatia, the Czech Republic, Finland, France, Ireland, Italy, Malta, the Netherlands, Portugal, Spain, Switzerland and the United Kingdom can now save up to 20 percent on rentals of three days or longer.
The New Avis.com Rolls off the Assembly Line to Make Online Travel Planning Easier Than Ever
Avis Rent A Car today unveiled a redesigned version of its flagship Web site, Avis.com, which is now faster, easier to navigate and more user-friendly than ever. The new site features a simple four-step reservation process, greater functionality and advanced technology that offers customers customized content, including special deals, side-by-side rate information and real-time pricing.
Avis Offers Ecohangers® to Suit the Needs of its Frequent Travelers
Avis Rent A Car today announced that its most loyal customers now have a convenient and eco-friendly way to keep their coats, suit jackets or other garments wrinkle-free in their rental vehicle. The Company is offering hangers made of 100 percent recycled and recyclable material at nine Avis airport locations in the United States to members of its Avis Preferred and Avis First programs.
