Avis downbeat on corporate business

Car rental group Avis Europe today warned it saw no strong near-term recovery in corporate business despite seeing trading recover from the impact of the Iraq war.

Avis downbeat on corporate business

Car rental group Avis Europe today warned it saw no strong near-term recovery in corporate business despite seeing trading recover from the impact of the Iraq war.

Reporting figures for the six months to June 30, the company said profits had been “significantly impacted” by the war and the weaker pricing environment.

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