Avis Budget Group News
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.
Avis Budget Group Joins the 100,000 Jobs Mission to Increase Hiring of Veterans
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.
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.
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.
Avis and Ink announce exclusive partnership
Avis and Ink from Chase(sm) announce exclusive partnership to benefit small business customers.
Avis Budget Group completes acquisition of Avis Europe in $1bn deal
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.
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.
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.