Hertz, the largest car rental company in the world, on Saturday filed for bankruptcy in the United States and Canada, the company, in a press release. The rental company had for a long time, with high levels of debt, and the coronacrisis then, the final kick being given.
this list is only for North America, and is not applicable to any of the principal markets for the company, including in Europe, Australia, and New Zealand.
“the impact of The coronacrisis on the issue of travel was brought to a sudden, and caused by a sudden drop in income, and the number of future bookings,” said Hertz, in a news release.
at A meeting with creditors regarding extension of the stay of payment, and ran for the last time, didn’t work out. Hertz had in april, though the delay of payment of a $ 400 million (usd 367 million) will be received. The deadline for these was last Friday.
Hertz is struggling with a total debt of $ 19 billion (17.4 billion euros), and it is now up to 700,000 vehicles that are currently for the most part, are not to be used, by the coronacrisis.
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