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Avis Budget Group
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About Avis Budget Group, Inc.

Avis Budget Group operates two of the most recognized brands in the global vehicle rental industry through Avis and Budget. Avis is a leading rental car supplier to the premium commercial and leisure segments of the travel industry and Budget is a leading rental car supplier to the price-conscious segments of the industry. We believe we are the largest general-use vehicle rental operator in each of North America, Australia, New Zealand and certain other regions we serve, based on published airport statistics. Avis Budget Group maintains the leading share of airport car rental revenue and operates one of the leading consumer truck rental businesses in the United States.

Our car rental operations generate significant benefits from operating two distinctive brands that target different industry segments but share the same fleet, management, maintenance facilities, systems, technology and administrative infrastructure. We believe that Avis and Budget both enjoy complementary demand patterns with weekday commercial demand balanced by weekend leisure demand.