Avis Budget Group Inc. is a leading global provider of vehicle rental services, operating under well-known brands such as Avis and Budget. The company's mission is to deliver exceptional customer experiences through innovative mobility solutions and a diverse fleet of vehicles. Avis Budget Group Inc. employs a strategy focused on expanding its digital capabilities, enhancing operational efficiency, and fostering sustainability within its operations. By leveraging technology and strategic partnerships, the company aims to adapt to changing consumer preferences and maintain its competitive edge in the evolving transportation market.

AVIS BUDGET GROUP INC

Avis Budget Group, Inc. recently held its Q4 2024 earnings conference call on February 12, 2025, with notable participants including outgoing CEO Joe Ferraro and incoming CEO Brian Choi. The call provided insights into the company’s financial performance, which has faced significant challenges.

Avis Budget Group Reports Q4 2024 Losses Amid Leadership Change and Aggressive Fleet Strategy

Avis Budget Group's recent Q4 2024 earnings reveal a challenging landscape, marked by a $2.5 billion impairment charge and a significant net loss. As incoming CEO Brian Choi steps in, can strategic fleet management turn the tide for this beleaguered company?