Virus shutdowns push Hertz into bankruptcy in US and Canada: statement - Lunar Gaze Lunar Gaze: Virus shutdowns push Hertz into bankruptcy in US and Canada: statement
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Virus shutdowns push Hertz into bankruptcy in US and Canada: statement

The car rental company Hertz, hard hit by the global coronavirus pandemic, has filed for bankruptcy in the United States and Canada

May 23, 2020

/ by APP
Virus-hit Hertz declares bankruptcy in US and Canada | AFP.com

Washington, May 23 (AFP/APP): The car rental company Hertz, hard hit by the global coronavirus pandemic, has filed for bankruptcy in the United States and Canada, the company announced Friday.
                  "The impact of COVID-19 on travel demand was sudden and dramatic, causing an abrupt decline in the Company's revenue and future bookings,"
 Hertz said in a press release.
                  
Its main international operating regions, including Europe, Australia and New Zealand, were not included in the US Chapter 11 filing.


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