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The ConRAC under construction in 2024. The Los Angeles International Airport Consolidated Rent-A-Car (LAX ConRAC) facility is one of the major components of the airport's US$5.5 billion Landside Access Modernization Program, along with the LAX Automated People Mover (APM). [1]
Budget Rent a Car System, Inc. is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. [2] Budget is a subsidiary of the Avis Budget Group , with its operations headquartered in Parsippany , New Jersey.
[15] [14] The airport was renamed Los Angeles International Airport in 1949. [17] The temporary terminals remained in place for 15 years but quickly became inadequate, especially as air travel entered the "jet age" and other cities invested in modern facilities. Airport leaders once again convinced voters to back a $59 million bond on June 5, 1956.
The airport is located in Burbank, and serves the heavily populated areas of northern Los Angeles County. It is the closest airport to the central and northeastern parts of L.A. (including Hollywood and Downtown Los Angeles), Glendale, Pasadena, the San Fernando Valley, the Santa Clarita Valley, and the western San Gabriel Valley.
An early competitor to Saunders was Walter L. Jacobs, whose Chicago-based Rent-a-Car opened in 1918 with twelve Ford Model T's. [4] The company was bought in 1923 by John Hertz. In Britain, car rental started with Godfrey Davis, established in 1920, and bought by Europcar in 1981. [5]
In 1958, he opened the first Budget Rent-a-Car office at Wilshire and Robertson boulevards in Los Angeles. [2] In 1960, he was joined by Jules Lederer and they incorporated the company as Budget Rent-a-Car Corporation. [3] In 1968, they sold Budget to Transamerica Corporation. [2]
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