is hertz having problems with its cash and liquidity?
5 replies (most recent on top)
TNC is such a scam it is taking the cash from the company and giving it to Icahn. They have had questions about debt covenants being called for years.
Of course that is part of it. Hertz cars are t–ds. They are double the price of any other rental car company and the customer service is horrid.
That's why they wanted a bailout. And they ate not n getting it. They are broke. Alot of great employees gone.
that's the biggest problem now. cash flow.
debts have to be serviced but there is no cash coming in.
i hope all turns out good but the macro picture looks bleak.
i liked wokring here (11 years) but i am not sure if i'll be here in a month or two.
for now furloughed.
godspeed
They have huge debt.