https://www.breakingtravelnews.com/tags/tag/avis budget group/ Avis Budget Group News en Breaking Travel News Copyright 2026 2026-04-19T09:21:02+00:00 https://www.breakingtravelnews.com/news/article/avis-budget-group-makes-two-european-appointments/ https://www.breakingtravelnews.com/news/article/avis-budget-group-makes-two-european-appointments/ Avis Budget Group has announced the appointment of Martin Gruber as its vice president, commercial and Laurent Sculier as managing director, central and western Europe. Tue, 26 Jan 2021 10:01:17 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-expands-european-fleet-with-ford-deal/ https://www.breakingtravelnews.com/news/article/avis-budget-group-expands-european-fleet-with-ford-deal/ Avis Budget Group has signed an agreement with Ford Commercial Solutions to connect approximately 14,000 vehicles to its European fleet. Connected vehicles allow Avis customers to manage their entire rental experience through the Avis mobile app. Mon, 02 Sep 2019 13:40:20 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-launches-smile-rent-in-italy/ https://www.breakingtravelnews.com/news/article/avis-budget-group-launches-smile-rent-in-italy/ Avis Budget Group has launched a new, pay per kilometre, mobility brand in Italy: Smile Rent. The low-cost, 100 per cent self-serve brand is the latest addition to the mobility giant’s expanding portfolio in southern Europe. Mon, 29 Jul 2019 13:54:00 +0000 https://www.breakingtravelnews.com/news/article/itb-berlin-avis-budget-group-reveals-exclusive-etihad-partnership/ https://www.breakingtravelnews.com/news/article/itb-berlin-avis-budget-group-reveals-exclusive-etihad-partnership/ Avis Budget Group and Abu Dhabi based Etihad Aviation Group have announced a new, global partnership which sees Avis Budget Group become the exclusive car rental provider for Etihad Airways, the national airline of the UAE. Thu, 07 Mar 2019 03:52:45 +0000 https://www.breakingtravelnews.com/news/article/aer-lingus-signs-car-hire-partnership-with-avis-budget-group/ https://www.breakingtravelnews.com/news/article/aer-lingus-signs-car-hire-partnership-with-avis-budget-group/ Irish flag-carrier Aer Lingus has partnered with the Avis Budget Group to give travellers access to a wide range of rental vehicles around the world. Wed, 20 Feb 2019 14:29:01 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-joins-internet-of-things-consortium/ https://www.breakingtravelnews.com/news/article/avis-budget-joins-internet-of-things-consortium/ The company has joined the consortium given the critical role that internet of things technologies are playing in Avis Budget Group’s strategy to making mobility more ubiquitous, personalised and convenient. Fri, 07 Sep 2018 03:56:06 +0000 https://www.breakingtravelnews.com/news/article/avis-partners-with-airbnb-owned-luxury-retreats/ https://www.breakingtravelnews.com/news/article/avis-partners-with-airbnb-owned-luxury-retreats/ Avis Car Rental has announced a deal with Luxury Retreats, acquired by Airbnb in February 2017, to be the official mobility partner of the full-service villa rental company. Tue, 31 Jul 2018 07:36:50 +0000 https://www.breakingtravelnews.com/videos/video/sami-abusamra-managing-director-avis-jordan/ https://www.breakingtravelnews.com/videos/video/sami-abusamra-managing-director-avis-jordan/ Taking the title of Jordan’s Leading Car Rental Company at the World Travel Awards, Sami Abusamra, managing director of Avis Jordan, tells us how it feels to be recognised by voters from around the world. Mon, 30 Apr 2018 15:38:06 +0000 https://www.breakingtravelnews.com/news/article/eurowings-car-hire-options-on-offer-to-passengers/ https://www.breakingtravelnews.com/news/article/eurowings-car-hire-options-on-offer-to-passengers/ Eurowings will offer its customers no less than four car hire companies as of this month, with vehicles from Hertz, Thrifty, Avis and Budget now available when making the flight booking. The new partnership with Hertz is set to run for three years. Thu, 15 Mar 2018 08:49:10 +0000 https://www.breakingtravelnews.com/news/article/avis-travel-partner-service-offered-to-chinese-visitors-to-uk/ https://www.breakingtravelnews.com/news/article/avis-travel-partner-service-offered-to-chinese-visitors-to-uk/ Avis Car Rental UK has expanded its popular Avis Travel Partner service to offer tailored car rental support for Chinese travellers. Tue, 12 Dec 2017 11:42:40 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-expands-iag-partnership/ https://www.breakingtravelnews.com/news/article/avis-budget-group-expands-iag-partnership/ Avis Budget Group and International Airlines Group have renewed and expanded their global partnership. As part of the exclusive multi-year deal, Avis Car Rental and Budget Car Rental will be the only car rental brands available for booking through British Airways, Iberia and Iberia Express. Fri, 20 Oct 2017 08:51:06 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-renews-global-partnership-with-iag/ https://www.breakingtravelnews.com/news/article/avis-budget-group-renews-global-partnership-with-iag/ Avis Budget Group and International Airlines Group, one of the world’s largest airline groups carrying more than 100 million passengers each year, have renewed and expanded their global partnership. Mon, 09 Oct 2017 14:05:59 +0000 https://www.breakingtravelnews.com/news/article/avis-adds-prestige-collection-to-beep-booking-platform/ https://www.breakingtravelnews.com/news/article/avis-adds-prestige-collection-to-beep-booking-platform/ Avis Budget Group has announced that it has added the Avis Prestige collection to its travel agent portal, Beep. Beep was launched to the trade in June as a car rental one-stop shop bringing Avis Car Rental and Budget Car Rental together on one platform. Mon, 18 Sep 2017 15:20:33 +0000 https://www.breakingtravelnews.com/videos/video/fawaz-danish-chief-executive-budget-saudi-arabia/ https://www.breakingtravelnews.com/videos/video/fawaz-danish-chief-executive-budget-saudi-arabia/ Fawaz Danish, chief executive at Budget Saudi Arabia, is joined by Jana Siber, vice president, global licensees, Avis Budget Group, and Anil Abraham, regional manger for Budget Saudi Arabia, to discuss the company, what it offers to hospitality in the Kingdom, and their plans for the future. Tue, 02 May 2017 09:52:54 +0000 https://www.breakingtravelnews.com/news/article/pierce-appointed-to-commercial-manager-role-with-avis-budget-group/ https://www.breakingtravelnews.com/news/article/pierce-appointed-to-commercial-manager-role-with-avis-budget-group/ AVIS Budget Group EMEA has announced the appointment of Maria Pierce as international commercial manager in the leisure and partnerships team based at the company’s Bracknell, Berkshire headquarters. Wed, 15 Feb 2017 08:29:32 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-extends-travelport-partnership/ https://www.breakingtravelnews.com/news/article/avis-budget-group-extends-travelport-partnership/ Avis Budget Group and Travelport have announced the signing of a new, multi-year partnership agreement. Tue, 14 Feb 2017 16:38:19 +0000 https://www.breakingtravelnews.com/news/article/avis-car-rental-partners-with-ascott-for-global-deal/ https://www.breakingtravelnews.com/news/article/avis-car-rental-partners-with-ascott-for-global-deal/ Avis Car Rental has announced the signing of a multi-year partnership agreement with the world’s largest international serviced residence owner-operator, Ascott. Under the new agreement, business and leisure travellers visiting Ascott’s brand websites, Ascott, Citadines and Somerset, will be able to make an Avis reservation by adding a vehicle rental to an existing serviced apartment reservation. Wed, 17 Aug 2016 09:04:34 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-uk-expands-operations-at-london-heathrow/ https://www.breakingtravelnews.com/news/article/avis-budget-uk-expands-operations-at-london-heathrow/ Avis Budget UK has launched its on-terminal car rental service at Heathrow Airport Terminal 2, in a significant move for its UK operations. This unique service is already available at Terminal 5. This multi-year partnership will enable Avis Budget UK to deliver an express plane to car service for customers, currently making it the only car rental provider to offer this at both terminals, so that Avis customers will enjoy a five minute walk to their rental vehicle as an alternative to travelling by shuttle bus to the main Avis station. Tue, 12 Jul 2016 09:30:17 +0000 https://www.breakingtravelnews.com/news/article/avis-launches-untrending-tool-to-get-drivers-off-the-beaten-track/ https://www.breakingtravelnews.com/news/article/avis-launches-untrending-tool-to-get-drivers-off-the-beaten-track/ Avis Car Rental has launched Avis Untrending, an interactive tool that allows users to discover alternative locations a short drive from their chosen holiday destination. Designed to inspire travellers to explore new places, Avis Untrending offers recommendations based on Avis travel data and an ‘Untrending’ rating, which measures the number of hashtags on social media. Thu, 26 May 2016 09:37:30 +0000 https://www.breakingtravelnews.com/news/article/flybe-and-avis-budget-uk-enhance-car-rental-experience/ https://www.breakingtravelnews.com/news/article/flybe-and-avis-budget-uk-enhance-car-rental-experience/ Flybe and Avis Budget UK have announced an enhancement to their long-standing relationship. Under the terms of the new deal Flybe customers now have the added choice of selecting a Budget car rental direct via the Flybe website as an integral part of their flight booking.  Tue, 17 May 2016 05:12:53 +0000 https://www.breakingtravelnews.com/news/article/avis-appoints-dungey-to-international-commercial-manager-role/ https://www.breakingtravelnews.com/news/article/avis-appoints-dungey-to-international-commercial-manager-role/ Avis Budget Group EMEA has appointed Lynette Dungey, international commercial manager. Lynette has an impressive CV that includes ten years at Thomas Cook, with the last four years of her tenure spent as national sales manager – retail and UK Airports. Wed, 23 Mar 2016 06:49:37 +0000 https://www.breakingtravelnews.com/news/article/budget-car-rental-adds-200-locations-to-expand-european-presence/ https://www.breakingtravelnews.com/news/article/budget-car-rental-adds-200-locations-to-expand-european-presence/ Budget Car Rental has significantly increased its European footprint this year, opening more than 200 new locations in the region. The expansion promises to give consumers more choice for great value car hire at key European destinations. In France, Budget nearly tripled its number of rental facilities by opening 208 new locations, including Paris, Aix-en-Provence and Marseille. Mon, 02 Nov 2015 08:39:49 +0000 https://www.breakingtravelnews.com/news/article/car-rental-giants-agree-to-changes-following-eu-action/ https://www.breakingtravelnews.com/news/article/car-rental-giants-agree-to-changes-following-eu-action/ Five major car rental companies have agreed to significantly review how they treat consumers thanks to a joint action from the European Commission and national enforcement authorities. Citizens will benefit from more clarity on insurance policies and tank refuelling options, more fairness when handling damages, and more price transparency. Mon, 13 Jul 2015 16:35:11 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-inks-deal-with-southwest-airlines/ https://www.breakingtravelnews.com/news/article/avis-budget-group-inks-deal-with-southwest-airlines/ Avis Budget Group has entered into an expanded, new multi-year partnership marketing agreement with Southwest Airlines which will enable the Company to promote Avis Car Rental, Budget Car Rental and Payless Car Rental offers, products and services to Southwest customers. Sat, 11 Jul 2015 07:38:37 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-strikes-deal-with-iberia/ https://www.breakingtravelnews.com/news/article/avis-budget-group-strikes-deal-with-iberia/ Iberia has announced a new partnership agreement with Avis Budget Group, which has become the exclusive car rental partner of the airline’s loyalty programme, Iberia Plus. The partnership launch campaign, ‘We Travel Together’, highlights the opportunity for Iberia Plus members to earn Avios for every rental booked. Wed, 27 May 2015 08:52:28 +0000 https://www.breakingtravelnews.com/news/article/iberia-plus-signs-exclusive-deal-with-avis-budget-group/ https://www.breakingtravelnews.com/news/article/iberia-plus-signs-exclusive-deal-with-avis-budget-group/ Iberia has announced a new partnership agreement with Avis Budget Group, which has become the exclusive car rental partner of the airline’s loyalty programme, Iberia Plus. The partnership launch campaign, We Travel Together, highlights the opportunity for Iberia Plus members to earn Avios for every rental booked. Thu, 07 May 2015 06:51:53 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-updates-loyalty-program/ https://www.breakingtravelnews.com/news/article/avis-budget-updates-loyalty-program/ Avis Budget Group’s award-winning program for travel professionals has a new name and new look. The Company today announced that Unlimited Budget is now officially Unlimited Rewards. Fri, 10 Apr 2015 23:00:39 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-acquires-maggiore-group-in-italy/ https://www.breakingtravelnews.com/news/article/avis-budget-group-acquires-maggiore-group-in-italy/ Avis Budget Group has agreed to acquire Maggiore Group, Italy’s fourth-largest vehicle rental business. The net purchase price will be approximately $170 million, and the transaction is scheduled to close in second quarter 2015, subject to customary closing conditions. Tue, 07 Apr 2015 04:34:56 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-closes-strong-year-with-fourth-quarter-growth/ https://www.breakingtravelnews.com/news/article/avis-budget-group-closes-strong-year-with-fourth-quarter-growth/ Avis Budget Group has reported revenue of $1.9 billion for the fourth quarter, a two per cent increase compared with the prior-year fourth quarter. Adjusted EBITDA increased 13 per cent to $129 million. The company reported net income of $25 million for the period, or $0.23 per share, an increase of 53 per cent, excluding certain items, and GAAP net income of $23 million, or $0.21 per share. Thu, 19 Feb 2015 11:00:32 +0000 https://www.breakingtravelnews.com/news/article/wyshner-to-host-j.p.-morgan-high-yield-conference/ https://www.breakingtravelnews.com/news/article/wyshner-to-host-j.p.-morgan-high-yield-conference/ Avis Budget Group, a leading provider of vehicle rental services, today announced that David Wyshner, senior executive vice president and chief financial officer, will present at the upcoming J.P. Morgan High Yield Conference. The event will take place on February 24th, 2015 at 09:00 Eastern time. Mon, 16 Feb 2015 04:10:54 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-shuffles-leadership-in-united-states/ https://www.breakingtravelnews.com/news/article/avis-budget-group-shuffles-leadership-in-united-states/ Avis Budget Group has announced the promotion of two senior executives: Gerard Insall has been named executive vice president and chief information officer, and Ned Linnen has been appointed executive vice president and chief human resources officer. The two were previously senior vice presidents and chief officers of their respective areas. Thu, 12 Feb 2015 11:26:33 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-reclaims-trademarks-in-scandinavia/ https://www.breakingtravelnews.com/news/article/avis-budget-group-reclaims-trademarks-in-scandinavia/ Avis Budget Group has said it has completed its previously announced acquisition of its licensee for the Avis and Budget brands in Norway, Sweden and Denmark. The licensee acquired operates both the Avis and Budget brands at major locations throughout the region including Oslo, Stockholm, Copenhagen and Sweden’s Arlanda and Goteberg airports. Wed, 11 Feb 2015 11:31:10 +0000 https://www.breakingtravelnews.com/news/article/barloworld-to-take-budget-brand-into-southern-africa/ https://www.breakingtravelnews.com/news/article/barloworld-to-take-budget-brand-into-southern-africa/ Avis Budget Group has announced it has signed an agreement with Barloworld, which operates the Avis Car Rental brand in southern Africa, to also operate the Budget Car Rental brand there, effective March 1st, 2015. The agreement offers both companies an opportunity to leverage Barloworld’s extensive knowledge of the car rental market to grow and develop the Budget brand across southern Africa. Tue, 10 Feb 2015 11:50:59 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-outlines-expansion-plans-following-bond-offering/ https://www.breakingtravelnews.com/news/article/avis-budget-group-outlines-expansion-plans-following-bond-offering/ Avis Budget Group has announced that its Avis Budget Rental Car Funding subsidiary has completed an offering of $650 million of five-year, fixed-rate asset-backed bonds with a weighted average interest rate of approximately 2.7 per cent. The proceeds of the offering are expected to be used primarily to refinance maturing vehicle-backed debt, which has an average interest rate of approximately 3.6 per cent in 2015, and to support growth of our business. Mon, 02 Feb 2015 11:12:26 +0000 https://www.breakingtravelnews.com/news/article/avis-car-renal-celebrates-bahamas-anniversary/ https://www.breakingtravelnews.com/news/article/avis-car-renal-celebrates-bahamas-anniversary/ Avis Car Rental has announced the celebration of more than 50 years in the car rental business in the Bahamas. J.V. ‘Skip’ Roberts opened ‘Skip’s U Drive It’ in 1938, which operated under various names, until signing officially with Avis in 1961. Wed, 28 Jan 2015 10:43:56 +0000 https://www.breakingtravelnews.com/news/article/avis-argues-top-talent-could-be-lured-by-right-vehicle/ https://www.breakingtravelnews.com/news/article/avis-argues-top-talent-could-be-lured-by-right-vehicle/ According to new research from Avis Car Rental UK the key to attracting talent could lie in the type of mobility package offered as part of a contract. Some 39 per cent of potential job seekers reported that the type of company car they are offered significantly influences their decision to join a small business. Thu, 15 Jan 2015 07:05:51 +0000 https://www.breakingtravelnews.com/news/article/maserati-ghibli-joins-avis-luxury-fleet-for-2015/ https://www.breakingtravelnews.com/news/article/maserati-ghibli-joins-avis-luxury-fleet-for-2015/ Avis Car Rental has announced the addition of the Ghibli, Maserati’s newest creation, to its United States rental fleet, now available at select Avis locations. The 2015 Maserati Ghibli is an extraordinary sports sedan featuring a 3.0-liter, twin-turbocharged V6, an engine designed to achieve even lower fuel consumption and emissions while delivering stunning performance. The result is outstanding versatility in terms of use, combined with extremely impressive torque and 345 horsepower. Wed, 07 Jan 2015 15:45:21 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-expands-social-media-initiative/ https://www.breakingtravelnews.com/news/article/avis-budget-group-expands-social-media-initiative/ Avis Budget Group is expanding its presence on social media. The Company today announced that it has launched local Facebook, Foursquare and Google Places pages for each of its Avis Car Rental, Budget Car Rental and Budget Truck Rental facilities in the United States and Canada. Tue, 15 Jul 2014 04:00:26 +0000 https://www.breakingtravelnews.com/news/article/avis-adds-three-states-to-car-sales-program/ https://www.breakingtravelnews.com/news/article/avis-adds-three-states-to-car-sales-program/ Residents of the Bay State, the Buckeye State and the Volunteer State can now test drive and purchase well-maintained, late-model vehicles at competitive prices. Avis Budget Group today announced that its consumer car sales program is available in Massachusetts, Ohio and Tennessee. Tue, 20 May 2014 04:00:08 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-to-offer-siriusxm/ https://www.breakingtravelnews.com/news/article/avis-budget-group-to-offer-siriusxm/ Avis Budget Group announced today that SiriusXM is now available to a majority of Avis Car Rental and Budget Car Rental customers via factory-installed satellite radios. The new offering gives customers even easier access to commercial-free music, premier sports talk and live events, comedy, news, exclusive talk and entertainment, and the most comprehensive Latin music, sports, and talk programming in radio. Mon, 07 Apr 2014 04:00:09 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-commits-to-british-airways-deal/ https://www.breakingtravelnews.com/news/article/avis-budget-group-commits-to-british-airways-deal/ Following a successful partnership of 15 years, Avis Budget Group and British Airways have announced a new multi-year exclusive global partnership agreement for the continued supply of Avis Car Rental to British Airways customers – which also gives the option of bringing the Budget brand into the portfolio during the lifetime of the agreement. Wed, 02 Apr 2014 13:55:33 +0000 https://www.breakingtravelnews.com/news/article/new-uk-leadership-for-avid-budget-group-in-uk/ https://www.breakingtravelnews.com/news/article/new-uk-leadership-for-avid-budget-group-in-uk/ Avis Budget Group has announced the appointment of Mark Servodidio as managing director for the UK. Servodidio will be responsible for driving further success across the UK business, overseeing revenue generation including the B2B, consumer and intermediary business, operations and fleet management with responsibility for more than 1,250 employees. Wed, 05 Feb 2014 12:01:37 +0000 https://www.breakingtravelnews.com/news/article/avis-adds-payless-car-rental-to-exclusive-relationship-with-aarp/ https://www.breakingtravelnews.com/news/article/avis-adds-payless-car-rental-to-exclusive-relationship-with-aarp/ Avis Budget Group, Inc today announced that it has expanded its exclusive, multi-year agreement with AARP to include Payless Car Rental, which will now be offered to AARP members in addition to Avis Car Rental, Budget Car Rental and Budget Truck Rental. In July, Avis Budget Group became the exclusive car rental provider for AARP, which has more than 37 million members. Tue, 14 Jan 2014 04:00:01 +0000 https://www.breakingtravelnews.com/videos/video/jeanette-harper-head-of-international-partnerships-avis-budget-emea/ https://www.breakingtravelnews.com/videos/video/jeanette-harper-head-of-international-partnerships-avis-budget-emea/ Jeanette Harper talks to Breaking Travel News at World Travel Awards Asia & Australasia Gala Ceremony hosted at the Anantara Dubai The Palm Resort & Spa on 1st October 2013. Tue, 08 Oct 2013 16:18:40 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-profits-dip-in-q2-2013/ https://www.breakingtravelnews.com/news/article/avis-budget-group-profits-dip-in-q2-2013/ Avis Budget Group today reported results for its second quarter ended June 30, 2013. For the quarter, the Company reported revenue of $2.0 billion, a 7% increase compared with the prior-year second quarter. Excluding certain items, Adjusted EBITDA declined 33% to $179 million. Fri, 09 Aug 2013 04:00:38 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-appoints-new-member-to-board-of-directors/ https://www.breakingtravelnews.com/news/article/avis-budget-group-appoints-new-member-to-board-of-directors/ Avis Budget Group, Inc, a leading provider of vehicle rental services, today announced the appointment of Jeffrey H. Fox to its Board of Directors effective immediately. Mr. Fox fills a newly created seat and will serve for a term scheduled to end at the 2014 annual meeting of stockholders. With the addition of Mr. Fox, the Company’s Board is now comprised of ten members. Thu, 01 Aug 2013 04:00:54 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-acquires-payless-car-rental/ https://www.breakingtravelnews.com/news/article/avis-budget-group-acquires-payless-car-rental/ Avis Budget Group has confirmed it has acquired Payless Car Rental, the sixth largest car rental company in North America, for approximately $50 million in cash. The addition of the Payless brand will give Avis Budget Group a strong position in the fast-growing deep-value segment of the car rental industry. Wed, 17 Jul 2013 06:32:38 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-emea-celebrates-16-years-of-being-greener/ https://www.breakingtravelnews.com/news/article/avis-budget-group-emea-celebrates-16-years-of-being-greener/ Avis Budget Group EMEA marks 16 years of maintained CarbonNeutral® certification after releasing latest emissions figures from its CarbonNeutral® program. In 2013, the company will offset 12,661 metric tonnes of carbon dioxide equivalent emissions (tCO2e), which is equal to its operational footprint for the year, bringing the total emissions offset since 1997 to 198,578 tCO2e. Sat, 06 Jul 2013 04:00:36 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-welcomes-trade-ins-to-car-sales-program/ https://www.breakingtravelnews.com/news/article/avis-budget-group-welcomes-trade-ins-to-car-sales-program/ Avis Budget Group, Inc.  today announced that its Ultimate Test Drive program, the Company’s car sales initiative, now accepts trade-in vehicles. Fri, 24 May 2013 04:00:57 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-offers-more-language-options/ https://www.breakingtravelnews.com/news/article/avis-budget-group-offers-more-language-options/ Avis Budget Group has revealed that Avis Car Rental and Budget Car Rental customers can now receive their rental agreement translated into a more convenient language. Sat, 18 May 2013 09:34:46 +0000 https://www.breakingtravelnews.com/news/article/new-aviation-partner-for-avis-budget/ https://www.breakingtravelnews.com/news/article/new-aviation-partner-for-avis-budget/ Avis Budget has joined forces with Turkish Airlines to create an exclusive new service to make it easier for customers to organise their travel arrangements. The new partnership will see the launch of Fly & Drive, an online service that will enable both business and leisure travellers to buy flight tickets and arrange car hire with Avis Car Rental and Budget Car Rental through Turkish Airlines’ official website. Fri, 03 May 2013 06:11:10 +0000 https://www.breakingtravelnews.com/news/article/fitch-upgrades-avis-budget-groups-ratings/ https://www.breakingtravelnews.com/news/article/fitch-upgrades-avis-budget-groups-ratings/ Fitch Ratings has upgraded the Issuer Default Rating (IDR), senior secured, and senior unsecured ratings of Avis Budget Group, Inc. (ABG) and its various Fitch-rated subsidiaries following the completion of its auto rental and fleet leasing peer review. The Rating Outlook is Stable. Fri, 26 Apr 2013 04:00:38 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-groups-pending-acquisition-of-zipcar-receives-u.s.-antitrust-cl/ https://www.breakingtravelnews.com/news/article/avis-budget-groups-pending-acquisition-of-zipcar-receives-u.s.-antitrust-cl/ Avis Budget Group, Inc and Zipcar, Inc, the world’s leading car sharing network, today announced that the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, expired on February 11, 2013 in connection with Avis Budget’s previously announced agreement to acquire Zipcar. Wed, 20 Feb 2013 04:00:16 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-narrows-loss-in-fourth-quarter/ https://www.breakingtravelnews.com/news/article/avis-budget-group-narrows-loss-in-fourth-quarter/ Avis Budget Group has reported a revenue of $1.7 billion for the fourth quarter, a 4% increase compared with the previous year. The company acquired Avis Europe in 2011. Sun, 17 Feb 2013 11:14:54 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-snaps-up-zipcar-for-500m/ https://www.breakingtravelnews.com/news/article/avis-budget-snaps-up-zipcar-for-500m/ Car rental giant Avis Budget Group has revealed it will buy smaller rival Zipcar for $500 million in cash. The move will allow Avis Budget to enter the fast-growing United States car-sharing market. Wed, 02 Jan 2013 12:16:57 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-honored-as-one-of-top-100-companies-for-u.s.-veterans/ https://www.breakingtravelnews.com/news/article/avis-budget-group-honored-as-one-of-top-100-companies-for-u.s.-veterans/ Avis Budget Group, Inc. has been recognized as one of America’s top employers for U.S. veterans. The Company’s achievements in recruiting and employing veterans were recently featured in G.I. Jobs Top 100 Military Friendly Employers list for 2013 and U.S. Veterans Magazine’s list of Top 100 Companies Recruiting Veterans. Wed, 14 Nov 2012 20:30:43 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-looks-to-lift-bookings-with-new-ski-resorts-partnership/ https://www.breakingtravelnews.com/news/article/avis-budget-group-looks-to-lift-bookings-with-new-ski-resorts-partnership/ Avis Budget Group and mountain resorts developer Intrawest have entered into a multi-year partnership agreement. As part of the deal, Avis Car Rental and Budget Car Rental will be designated as the “official rental car” of Intrawest’s properties across North America. Sun, 11 Nov 2012 14:00:48 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-honors-avis-south-africa-as-outstanding-licensee/ https://www.breakingtravelnews.com/news/article/avis-budget-group-honors-avis-south-africa-as-outstanding-licensee/ Avis Budget Group, Inc. announced that it has named Avis South Africa as the Avis Licensee of the Year for Europe, the Middle East and Africa (EMEA) in recognition of its ongoing commitment to providing customers with world-class products and services and for responsible corporate citizenship. Thu, 08 Nov 2012 18:30:16 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-expands-business-support-center-in-budapest1/ https://www.breakingtravelnews.com/news/article/avis-budget-group-expands-business-support-center-in-budapest1/ Avis Budget Group, Inc. announced the addition of 235 new positions to its Business Support Center (BSC) in Budapest, Hungary. The expansion will streamline financial, administrative and customer-service processes for the Company’s Europe, Middle East and Africa (EMEA) region and provide Avis Budget Group with significant cost savings. Fri, 02 Nov 2012 18:30:57 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-expands-business-support-center-in-budapest/ https://www.breakingtravelnews.com/news/article/avis-budget-group-expands-business-support-center-in-budapest/ Avis Budget Group, Inc. announced the addition of 235 new positions to its Business Support Center (BSC) in Budapest, Hungary. The expansion will streamline financial, administrative and customer-service processes for the Company’s Europe, Middle East and Africa (EMEA) region and provide Avis Budget Group with significant cost savings. Wed, 17 Oct 2012 18:30:46 +0000 https://www.breakingtravelnews.com/news/article/unlimited-budgetr-celebrates-15th-anniversary/ https://www.breakingtravelnews.com/news/article/unlimited-budgetr-celebrates-15th-anniversary/ Unlimited Budget®, Avis Budget Group’s loyalty program for travel professionals, is celebrating its 15th anniversary this month. Mon, 08 Oct 2012 18:30:53 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-wraps-up-employee-appreciation-tour/ https://www.breakingtravelnews.com/news/article/avis-budget-group-wraps-up-employee-appreciation-tour/ Avis Budget Group, Inc. wraps up its eight-week bus tour across North America at the Company’s Parsippany headquarters. Mon, 17 Sep 2012 18:30:04 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-announces-agreement-to-acquire-apex-car-rentals/ https://www.breakingtravelnews.com/news/article/avis-budget-group-announces-agreement-to-acquire-apex-car-rentals/ Avis Budget Group, Inc. and Apex Car Rentals have announced that they have entered into a definitive agreement for the acquisition of Apex by Avis Budget. The acquisition is scheduled to close in October 2012, subject to customary closing conditions. Wed, 12 Sep 2012 18:30:38 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-reports-record-second-quarter-results/ https://www.breakingtravelnews.com/news/article/avis-budget-group-reports-record-second-quarter-results/ Avis Budget Group, Inc. reported results for its second quarter ended June 30, 2012. Mon, 06 Aug 2012 18:30:57 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-completes-690-million-asset-backed-bond-offering/ https://www.breakingtravelnews.com/news/article/avis-budget-group-completes-690-million-asset-backed-bond-offering/ Avis Budget Group, Inc. announced that its Avis Budget Rental Car Funding (AESOP) LLC subsidiary has completed an offering of $690 million of asset-backed bonds with a weighted average interest rate of approximately 2.2%, the lowest rate on a five-year, fixed rate ABS bond offering in the company’s history. Thu, 02 Aug 2012 18:30:07 +0000 https://www.breakingtravelnews.com/news/article/new-avis-wi-fi-service-for-germany/ https://www.breakingtravelnews.com/news/article/new-avis-wi-fi-service-for-germany/ Avis Car Rental announced the availability of portable wireless network devices for rent at seven airport locations in Germany. Tue, 31 Jul 2012 18:30:09 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-marks-five-years-of-performance-excellence/ https://www.breakingtravelnews.com/news/article/avis-budget-group-marks-five-years-of-performance-excellence/ Avis Budget Group, Inc. this month celebrates the fifth anniversary of its award-winning performance excellence process-improvement initiative, which has helped the company generate more than $275 million in annual cost savings and other benefits since the program was launched in 2007. Sat, 28 Jul 2012 18:30:42 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-selects-maxymiser-to-optimise-the-booking-process/ https://www.breakingtravelnews.com/news/article/avis-budget-selects-maxymiser-to-optimise-the-booking-process/ Avis Budget EMEA has appointed Maxymiser, the global expert in multivariate testing, personalisation and optimisation solutions, as the online customer experience optimisation partner for Avis, the leading rental car company serving the premium commercial and leisure travel market. Sun, 01 Jul 2012 18:30:48 +0000 https://www.breakingtravelnews.com/news/article/avis-europe-appoints-maxymiser-to-boost-online-sales/ https://www.breakingtravelnews.com/news/article/avis-europe-appoints-maxymiser-to-boost-online-sales/ Avis Europe has appointed Maxymiser as its online customer experience optimisation partner. Maxymiser will work with the car rental giant to optimise the reservations process across its EMEA websites to increase the number of bookings, improve the overall experience and enhance customer retention. Thu, 28 Jun 2012 08:39:14 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-launches-ultimate-test-drive/ https://www.breakingtravelnews.com/news/article/avis-budget-group-launches-ultimate-test-drive/ Avis Budget Group, Inc. introduced the Ultimate Test Drive, a new program designed to respond to consumer demand for the purchase of well-maintained used cars. Thu, 21 Jun 2012 18:30:53 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-launches-north-american-tour/ https://www.breakingtravelnews.com/news/article/avis-budget-group-launches-north-american-tour/ Avis Budget Group, Inc. kicks off an eight-week bus tour across North America to thank customers for their business and celebrate the contributions of employees, licensees and dealers. Fri, 15 Jun 2012 19:30:13 +0000 https://www.breakingtravelnews.com/news/article/new-partnership-avis-budget-group-and-regus-makes-business-travel-easier/ https://www.breakingtravelnews.com/news/article/new-partnership-avis-budget-group-and-regus-makes-business-travel-easier/ A new multi-year agreement between Avis Budget Group and Regus, the world’s largest provider of flexible workplaces, will help make business travel easier by providing Regus customers with valuable savings on Avis and Budget car rentals at locations around the world and providing Avis and Budget customers with access to Regus’ 1,200 professional business lounges in 550 cities and 95 countries. Tue, 27 Mar 2012 18:30:07 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-affinity-partnership-revenue-grew-in-2011/ https://www.breakingtravelnews.com/news/article/avis-budget-group-affinity-partnership-revenue-grew-in-2011/ Avis Budget Group announced that the Company’s strategic focus on maintaining and expanding travel partnerships made substantial contributions to its results in 2011. Fri, 23 Mar 2012 21:30:30 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-joins-the-100000-jobs-mission-to-increase-hiring-of-veter/ https://www.breakingtravelnews.com/news/article/avis-budget-group-joins-the-100000-jobs-mission-to-increase-hiring-of-veter/ Avis Budget Group, Inc. has enlisted in the 100,000 Jobs Mission, a coalition comprised of major corporations that have jointly committed to hiring 100,000 transitioning service members and military veterans by 2020. Sat, 03 Mar 2012 18:30:45 +0000 https://www.breakingtravelnews.com/news/article/kaye-ceille-appointed-managing-director-of-avis-budget-uk/ https://www.breakingtravelnews.com/news/article/kaye-ceille-appointed-managing-director-of-avis-budget-uk/ Leading car hire firm Avis Rent a Car is delighted to announce the appointment of Kaye Ceille as Managing Director, Avis Budget UK with effect from 1st March 2012. Wed, 01 Feb 2012 21:30:41 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-links-with-wyndham-vacation-ownership-for-timeshare-resort-deal/ https://www.breakingtravelnews.com/news/article/avis-budget-links-with-wyndham-vacation-ownership-for-timeshare-resort-deal/ Avis Budget and Wyndham Vacation Ownership, a member of Wyndham Worldwide, has announced they have entered into a new, multi-year alliance to jointly market each company’s products and services to generate incremental car rentals and timeshare resort stays in key destinations for both companies. Fri, 02 Dec 2011 14:39:39 +0000 https://www.breakingtravelnews.com/news/article/avis-and-ink-announce-exclusive-partnership/ https://www.breakingtravelnews.com/news/article/avis-and-ink-announce-exclusive-partnership/ Avis and Ink from Chase(sm) announce exclusive partnership to benefit small business customers. Thu, 20 Oct 2011 12:00:46 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-completes-acquisition-of-avis-europe-plc/ https://www.breakingtravelnews.com/news/article/avis-budget-group-completes-acquisition-of-avis-europe-plc/ Avis Budget Group has completed its acquisition of Avis Europe in a $1 billion deal. The combined company is now one of the largest vehicle rental companies in the world, with branded rental locations in approximately 175 countries. Wed, 05 Oct 2011 09:56:45 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-appoints-alun-cathcart-to-board-of-directors/ https://www.breakingtravelnews.com/news/article/avis-budget-group-appoints-alun-cathcart-to-board-of-directors/ Avis Budget Group, Inc. (the “Company”) announced the appointment of Alun Cathcart to its Board of Directors effective October 3, 2011. Mr. Cathcart fills a newly created seat and will serve for a term scheduled to end at the 2012 annual meeting of stockholders. With the addition of Mr. Cathcart, the Company’s Board is now comprised of ten members. Tue, 04 Oct 2011 13:00:00 +0000 https://www.breakingtravelnews.com/news/article/avis-budget-group-announces-pricing-of-250-million-of-senior-notes/ https://www.breakingtravelnews.com/news/article/avis-budget-group-announces-pricing-of-250-million-of-senior-notes/ Avis Budget Group, Inc. announced that its wholly-owned subsidiary, AE Escrow Corporation, has priced an offering of $250 million aggregate principal amount of 9.75% senior notes due 2020. Mon, 26 Sep 2011 12:00:18 +0000