Breaking Company News

Avis Budget placed on negative watch by S&P as demand slumps

By Frank Prenesti

Date: Tuesday 17 Mar 2020

(Sharecast News) - Car rental giant Avis Budget was placed on negativewatch by ratings agency S&P which expected "materially weaker" operating results as demand for vehicles at airports slumped due to the coronavirus pandemic.
S&P on Tuesday said it expected the company, one of the largest global on-airport rental firms, to...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page