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.
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.
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