Conference Call to Discuss Results Scheduled for August 6th, 2019 Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its second quarter 2019 results after the market close on Monday, August 5th, 2019, and to host a conference call for institutional investors to discuss these results and its full year outlook on Tuesday, […]
Avis Budget Group, Inc. (NASDAQ:CAR) today announced the selection of its Avis and Budget Licensees of the Year for Latin America and the Caribbean. This year’s recipients for the region are Avis Chile and Budget Costa Rica. Each honoree accepted the accolade at a commemorative event held in San Jose Costa Rica. The annual Licensee […]
Avis Budget Group, Inc. (NASDAQ: CAR) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc., have completed an offering of $400 million aggregate principal amount of 5.75% Senior Notes due 2027 in a private offering. Avis Budget Group intends to use the net proceeds from the notes offering, […]
PARSIPPANY, N.J., June 19, 2019 — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc., intend, subject to market and other customary conditions, to offer $400 million aggregate principal amount of senior notes due 2027 in a private offering. The notes will […]
Travelers Can Now Split Rental Charges Between Business and Personal Credit Cards PARSIPPANY, N.J., June 3, 2019 — Avis Car Rental is the first car rental company to introduce split payment functionality to its mobile app experience. Split My Bill, a new payment feature within the Avis mobile app, provides travelers with the ability to […]
PARSIPPANY, N.J., May 28, 2019 — Avis Budget Group, Inc. (NASDAQ: CAR) today announced the planned departure of President and Chief Executive Officer Larry De Shon after a 13-year career with the Company. Mr. De Shon will remain in his current positions until his successor has been named and will continue to be employed by […]
PARSIPPANY, N.J., May 1, 2019 – Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its first quarter ended March 31, 2019. First Quarter Highlights: Revenues were $1.9 billion, down 2% due to the impact of currency exchange rate movements Net loss was $91 million or a diluted loss of $1.20 per share Adjusted EBITDA […]
Conference Call to Discuss Results Scheduled for May 2, 2019 PARSIPPANY, N.J., April 11, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its first quarter 2019 results after the market close on Wednesday, May 1, 2019, and to host a conference call for institutional investors to discuss these […]
PARSIPPANY, N.J., April 5, 2019 – Avis Budget Group, Inc. (NASDAQ: CAR) today announced car rental services available to Paine Field Airport that recently opened its doors in Everett, Washington. A courtesy shuttle will meet all incoming flights and transport passengers to the full-service Avis and Budget car rental facility located less than two miles […]
~ Leisure and Business Travelers Can Find, Book and Pay for Arrive-Powered Parking in the Avis App ~~ Partnership Allows Travel Managers to Better Manage Costs ~ PARSIPPANY, N.J., March 26, 2019 (GLOBE NEWSWIRE) — Avis and Arrive just made finding parking a snap for users of the Avis app. Available now, Avis app users […]