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Avis Enhances PGA TOUR "Player of the Month" Award to Bring Fans Closer to the Game
Feb 2, 2012
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PONTE VEDRA BEACH, Fla. and PARSIPPANY, N.J., Feb. 2, 2012 (GLOBE NEWSWIRE) -- Avis Rent A Car and the PGA TOUR have redesigned the PGA TOUR's "Player of the Month" award program. The monthly honor, now titled the PGA TOUR Player of the Month presented by Avis, will for the first time put the fans in the game as they vote for their favorite player ...
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Avis Budget Group Realizes $65 Million in Incremental Benefits From Performance Excellence Initiative in 2011
Jan 20, 2012
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PARSIPPANY, N.J., Jan. 20, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group (Nasdaq:CAR) today announced details of the ways that its award-winning Performance Excellence process-improvement initiative contributed to the Company's financial results in 2011, including its record levels of Adjusted EBITDA in the first nine months of the year. (Avis Budget ...
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Avis Named World's Leading Business Car Rental Company for Sixth Consecutive Year
Jan 19, 2012
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PARSIPPANY, N.J., Jan. 19, 2012 (GLOBE NEWSWIRE) -- Avis Rent A Car was recognized by more than 210,000 travel professionals in more than 160 countries as the "World's Leading Business Car Rental Company" at the 2011 World Travel Awards. The distinguished honor marks the sixth consecutive year that Avis has received the award for excellence in cust...
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Avis Drives Rentals, Brand Exposure and New Business Opportunities With New PGA Tour Partnership
Jan 12, 2012
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PONTE VEDRA BEACH, Fla. and PARSIPPANY, N.J., Jan. 12, 2012 (GLOBE NEWSWIRE) -- Avis Rent A Car has been named the "Official Rental Car Company" of the PGA TOUR. The new multi-year agreement provides Avis with the opportunity to promote its products and services to millions of golfers and golf fans around the world through PGA TOUR telecasts and me...
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More Horsepower, More Style, More Conveniences: 2012 Model-Year Vehicles Now Available At Avis
Dec 5, 2011
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PARSIPPANY, N.J., Dec. 5, 2011 (GLOBE NEWSWIRE) -- For both car enthusiasts and casual drivers, this time of year heralds the annual unveiling of new makes and models boasting exciting new features and compelling amenities. And Avis welcomes one and all to try out the new 2012 model-year vehicles, whether while traveling or at a local market Avis l...
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Avis Budget Group and Wyndham Vacation Ownership Announce Joint Multi-Year Marketing Partnership
Dec 1, 2011
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PARSIPPANY, N.J. and ORLANDO, Fla., Dec. 1, 2011 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. and Wyndham Vacation Ownership, a member of the Wyndham Worldwide family of companies, today 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...
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Small Business Alert: Supplement Your Delivery Fleet for the Holiday Season With Budget Truck Rental
Nov 28, 2011
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PARSIPPANY, N.J., Nov. 28, 2011 (GLOBE NEWSWIRE) -- Many companies that provide local delivery service experience a spike in deliveries during the winter holiday season. From florists to caterers to furniture stores and everything in between, Budget Truck Rental has vehicles to help you meet your delivery requirements — but remember, book ear...
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Avis Offers Savings on Winter-Ready Vehicles
Nov 17, 2011
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PARSIPPANY, N.J., Nov. 17, 2011 (GLOBE NEWSWIRE) -- Whether you're planning a ski trip or in need of an all-wheel or front-wheel drive vehicle to get through the winter weather, Avis Rent A Car can help. Avis is ready to meet your vehicle rental needs this winter and starting today, the Company is offering money-saving offers on fully equipped, win...
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Avis Budget Group Chief Executive Officer Ronald L. Nelson to Present at Barclays Global Automotive Conference
Nov 10, 2011
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PARSIPPANY, N.J., Nov. 10, 2011 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, today announced that Ronald L. Nelson, Chairman and Chief Executive Officer, will present at the 2011 Barclays Capital Global Automotive Conference on November 15, 2011 at 3:15 p.m. Eastern time.
A live webcas...
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Avis Budget Group Reports Record Results for Third Quarter 2011
Nov 2, 2011
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Revenue increased 7% compared with third quarter 2010.
Adjusted EBITDA increased 24%, to $272 million, excluding certain items.
Reported net income of $82 million, including acquisition-related costs.
PARSIPPANY, N.J., Nov. 2, 2011 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) today reported results for its third quarte...
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Avis Budget Group Announces Completion of Multi-Country European Fleet Facility
Oct 21, 2011
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PARSIPPANY, N.J., Oct. 21, 2011 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it has completed a €350 million European variable fleet financing facility maturing in October 2013. This financing has been executed in conjunction with the Company's recently completed acquisition of Avis Europe plc and represents a...
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Avis Budget Group to Announce Third Quarter 2011 Results on November 2
Oct 20, 2011
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PARSIPPANY, N.J., Oct. 20, 2011 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it plans to report its third quarter 2011 results after the market close on November 2, 2011 and host a conference call to discuss such results on November 3, 2011 at 9:00 a.m. Eastern time.
Investors may access the call live at www.avi...
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Avis and Ink from Chase(SM) Announce Exclusive Partnership to Benefit Small Business Customers
Oct 19, 2011
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PARSIPPANY, N.J. and WILMINGTON, Del., Oct. 19, 2011 (GLOBE NEWSWIRE) -- Avis Rent A Car and Ink from Chase, the business card portfolio from Chase Card Services, a division of JPMorgan Chase & Co., announced today an exclusive multi-year agreement to offer savings and enhanced benefits on Avis car rentals to Ink from Chase business card customers....
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Avis Budget Group Announces Expansion and Extension of Its Principal U.S. Asset-Backed Bank Conduit Facility
Oct 18, 2011
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PARSIPPANY, N.J., Oct. 18, 2011 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that its Avis Budget Rental Car Funding (AESOP) LLC subsidiary has renewed its U.S. asset-backed bank conduit facility, expanding its borrowing capacity by $450 million to $2.5 billion. The date until which the Company may borrow under the entir...
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Avis Awarded Supplier Excellence Distinction by the Canadian Bar Association
Oct 13, 2011
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PARSIPPANY, N.J., Oct. 13, 2011 (GLOBE NEWSWIRE) -- Avis Rent A Car, the exclusive car rental provider to the Canadian Bar Association (CBA), has been recognized by the Canada-based not-for-profit organization for supplier excellence. Representatives from Avis were presented with a plaque celebrating the Company's dedication and commitment to suppl...
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Avis Budget Group Chief Financial Officer David B. Wyshner to Present at Deutsche Bank Leveraged Finance Conference
Oct 6, 2011
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PARSIPPANY, N.J., Oct. 6, 2011 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, today announced that David B. Wyshner, Senior Executive Vice President and Global Chief Financial Officer, will present at the 2011 Deutsche Bank Leveraged Finance Conference on October 12, 2011 at 12:15 p.m. Easte...
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Avis and TripIt Team Up to Supercharge Car Rental Reservations
Oct 4, 2011
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PARSIPPANY, N.J., Oct. 4, 2011 (GLOBE NEWSWIRE) -- Avis Rent A Car has joined forces with TripIt, the leading mobile trip organizer from Concur(Nasdaq:CNQR), to offer millions of travelers a fast, easy and more personalized way to add a rental car to their trips.
TripIt gives travelers peace of mind by organizing trip plans in one place. Now, a...
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Avis Budget Group Completes Acquisition of Avis Europe Plc
Oct 3, 2011
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PARSIPPANY, N.J. and LONDON, Oct. 3, 2011 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it has completed its previously announced acquisition of Avis Europe plc. The combined company is now one of the largest vehicle rental companies in the world, with branded rental locations in approximately 175 countries.
"We ...
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