Articles tagged “hertz”

As the founder of private equity firm Certares, O’Hara has been one of the most active players in travel industry deal-making.

Spirit’s leadership shakeup comes as the carrier is struggling to make a profit, and some analysts have previously said the ultra-low-cost carrier would need to either find a buyer or potentially file for bankruptcy.

While it’s still too early to say when business travel could make a full recovery, smaller businesses drove some important trends in the first quarter.

Still some way to go, but Hertz is confident blended travel trips will boost its bottom line this year.

The ride-hailing company said it wants to "redesign" the entire airport experience, and has business travelers in its sights with a new 90-day reservation feature and business-class ride category.

Both ride hailing companies are focusing on subscription products, and partners like banks to drive them, as corporate travel remains in a precarious state.

Today’s edition of Skift’s daily podcast looks at Spirit's earnings purgatory, Hertz's brands revival, and cruise tourism in east and Southern Africa.

Hertz has plenty to gain by going after the more price-conscious traveler with these two brands, especially as corporate America tightens its belt. But then how does it balance that with its push for more luxury electric vehicles?