Permanent CEO in place looking to capitalize on Hertz chaos. Airport market share is even more crucial now with the huge declines in volume. Avis making a play for the big 5 corporate accounts Hertz has held onto. Even long time partnership with AAA up for grabs now if Avis can front the cash. Lets see if Ferraro can make it happen. Avis ahead of the Hertz stock debacle they raised $500M in junk bonds a few weeks back. End is near for the gold and black!
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Avis is a sh– bag as well. Same poor upper management and local management. Regional and city managers are incompetent. Denver and Dallas has some of the worst of both. The grass may be greener but the roots are dying at ABG as well
Recent conference call says we will soon be doing Amazon deliveries!!!
Hertz is absolute trash! The company will not exist in any recognizable form in 15 months. It's over people! Move on! Don't bother with even thinking about market share. The company is so destitute it's asked the SEC to sell worthless shares in hopes of foolish investors taking the bait. (They even tagged the offering as garbage to warn investors)- What Hertz is saying thru this action is our organization is trash, our operation will degrade to trash in the coming months, we will screw our employees, vendors, customers, and investors while the Hertz bonfire turns to ashes. Paul and his minions will steal what they can before its all over. So sad!
Maybe FedEx and party city will save them. Oops nope FedEx is pulling out.