Avis Europe plc

Avis Europe plc operates as a car rental company in Europe, Africa, the Middle East, and Asia. The company, through its licensing agreement with Avis Budget Group, Inc., operates Avis and Budget brands in approximately 3,900 corporate and licensee locations. The company also has joint ventures in China and France, and minority interests in operations in India and Malaysia. It has rental locations at airports, rail locations, and other travel points. Avis Brand The Avis brand operates across four continents via a network of approximately 2,800 locations in 110 countries, through wholly-owned subsidiaries in 13 countries complemented by franchisees in a further 97 countries. Budget Brand The Budget brand serves customers across three continents (Europe, Asia and the Middle East) through approximately 1,100 locations in 66 countries. These are franchise businesses with corporate operations in Austria and Switzerland, together with locations in France and the United Kingdom. Customers The company serves individuals, corporate, and insurance/replacement customers. Individual: These customers are individual travellers booking directly or indirectly through travel companies, tour operators, partnership arrangements and brokers. Corporate: Corporate customers book via negotiated arrangements with their employers and through vehicle replacement companies. Insurance/Replacement: These customers come through insurance and leasing companies, vehicle dealerships and repair shops with which it has a direct contractual relationship. Competition The company's competitors include Europcar, Hertz, Sixt, Enterprise, Maggiore, and ADA.