Kathryn Marinello

2 results

Hertz has said any recovery to pre-coronavirus levels is dependent on the return of the airline industry
Hertz avoids bankruptcy with last-minute deal

Hertz, the car rental group backed by US billionaire businessman Carl Icahn, has staved off bankruptcy after striking a deal with lenders to extend (...)

Hertz and its rival Avis Budget Group have struggled over the past 12 months amid slumping used-vehicle values and weak car-rental rates
Hertz gears up for bigger-than-expected loss as overhaul costs rise

Hertz’s return to the red in the fourth quarter after a single period of profitability signals it still has work to do to pull off its ambitious turna(...)