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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,...
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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...
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PARSIPPANY, N.J., Sept. 30, 2011 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) (the "Company") today announced the appointment of Alun Cathcart to its Board of Directors effective October...
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PARSIPPANY, N.J., Sept. 30, 2011 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it plans to create three new operating regions effective October 3, 2011, when the...
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PARSIPPANY, N.J., Sept. 21, 2011 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) (the "Company") announced today that its wholly-owned subsidiary, AE Escrow Corporation, has priced an...
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PARSIPPANY, N.J., Sept. 13, 2011 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) has received CEO Cancer Gold Standard™ accreditation, in recognition of the Company's extraordinary...
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Avis Budget Group Expects to Report Strong Revenue Growth and Record Earnings for Third Quarter 2011
Revenue expected to increase 7-8% year-over-year, to $1.6 billion. Adjusted EBITDA expected to increase more than 20%, to $265-275 million, excluding certain items. Pretax income expected...
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PARSIPPANY, N.J., Aug. 26, 2011 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that its Avis Budget Rental Car Funding (AESOP) LLC subsidiary has completed an offering of...
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PARSIPPANY, N.J., Aug. 22, 2011 (GLOBE NEWSWIRE) -- Avis Rent A Car today introduced "Avis On Locationtm" to provide corporate clients with on-site vehicle rentals. Based on radio frequency...
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Revenue increased 9% compared with second quarter 2010. Adjusted EBITDA increased 95%, excluding certain items. Net income doubled to $52 million compared with second quarter...