Hertz: When Bankrupt, Exited or Renegotiated 'Almost All' Corp. Contracts

 

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February 24, 2022 Hertz: When Bankrupt, Exited or Renegotiated 'Almost All' Corp. Contracts By Donna M. Airoldi Hertz' bankruptcy restructuring allowed the rental car company to exit or renegotiate "a number of unprofitable [corporate] contracts," which later became "almost all of our [corporate] contracts," Hertz Global ;Holdings interim CEO Mark Fields said Wednesday during a fourth-quarter earnings call. Keep Reading JetBlue Promotes Weiner to Oversee Corp. Sales JetBlue has promoted Jonathan Weiner to VP of sales and revenue management, which includes responsibility for corporate sales and distribution, the carrier announced Wednesday. Keep Reading STR: Omicron Stings U.S. Hotels' January Performance The three key U.S. hotel industry performance metrics in January each declined sharply from December 2021 levels, according to STR. Keep Reading Ramp Launches Travel Solution, Partner Program Corporate spend management startup Ramp has released a travel-specific solution designed to help companies enforce policies, ease expense reporting and provide data to travel managers. Keep Reading Delta Enhances FlyReady Tool Delta Air Lines has enhanced its FlyReady dashboard, which customers can use to verify they meet destination entry requirements prior to travel, the airline announced. Keep Reading Iceland LCC to Add Routes Between Orlando, Europe Iceland-based low-cost carrier Play will add new routes between Orlando International Airport and Europe via Iceland for the next winter season—September 2022 through April 2023, the carrier announced Wednesday. Keep Reading Report: Travelport Considering IPO 93% Increase from one week prior in international flight bookings in Australia on Feb. 7, the day the Australian government announced travelers vaccinated against Covid-19 could visit without quarantine, according to Travelport. Check It Out Amadeus Adds TestFwrd Covid-19 Testing Option at Booking Amadeus is partnering to distribute through its booking channels Vienna-based Covid-19 testing and certification platform provider TestFwrd's self-testing solution. Keep Reading 100 Lighting Way Secaucus, New Jersey, USA 07094

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