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Wednesday, February 7, 2024

Citing Cost Challenges, Hertz Reports Q4 Loss



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February 07, 2024
Citing Cost Challenges, Hertz Reports Q4 Loss
By Donna M. Airoldi
Nearly a month after announcing the sale of one-third of its electric vehicle fleet and one day after reports of "paused" purchases of Polestar EVs, Hertz on Tuesday announced a fourth-quarter loss. Hertz CEO Stephen Scherr noted cost challenges in the quarter. Keep Reading
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NTSB: Bolts Missing on 737 Max with Door-Plug Blowout
Four "missing" bolts appear to be the cause of the Jan. 5 door-plug blowout on Alaska Airlines Flight 1282, according to a preliminary report released Tuesday by the NTSB. Keep Reading
Choice Hotels to Add Tesla EV Chargers
The hotel chain will concentrate on its approximately 75 Cambria locations as the target for its initial rollout. Keep Reading
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Copa Airlines to Launch Raleigh-Durham Service
Copa Airlines on June 21 will launch service between Panama City, Panama, and Raleigh-Durham, N.C., the carrier announced. Keep Reading
 
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