Pascal Bazin, CEO of Avis Europe

“During the past two years we have engineered a significant turnaround of Avis Europe, effectively restructuring the company and reorganising the Avis and Budget brands for future growth. At the same time we have continued to invest into both customer service innovation and product differentiation. Together with our Rights Issue in the summer this provides a very strong platform to further drive profitable growth.
We now intend to maximise opportunities from the improving trends we are seeing across the industry as a whole, which will support our continued push for improved margins and cash generation. The strength of our brands, service and innovative offer to customers position Avis Europe well to take full advantage of opportunities in both our traditional core and emerging markets and in growing our new mobility offers.”