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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.
In 2011, Avis Budget Group acquired Avis Europe, an independently owned company licensee, globally reuniting the Avis and Budget brands. [10] On September 5, 2012, Avis Budget Group acquired Apex Car Rentals of New Zealand. [11] On March 14, 2013, Avis Budget Group purchased carsharing company Zipcar for about US$500 million in cash. [12] [13]
In 1987, Continental Airlines had a "dual hub" operation in Houston with a hub at Intercontinental Airport (IAH) and a second hub at Hobby. [47] In February 1987, Continental had nonstops from Hobby to Austin, Denver, Las Vegas, Los Angeles, Miami, New Orleans, New York LaGuardia Airport, San Antonio and Washington D.C. National Airport.
In November 2002 Budget sold its truck and car businesses to Cherokee Acquisition Corporation, which is owned by Cendant Corporation. [5] In September 2006 Budget Rent a Car, Avis Rent a Car, and Budget Truck Rental were spun off by Cendant as a separate company, Avis Budget Group. In 2007, its headquarters was transferred to Morris County, New ...
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In December 2009, the Houston City Council approved a plan to allow Midway Cos. to develop 10 acres (4.0 ha) of land owned by Houston Airport System (HAS) on the grounds of Bush Airport. Midway planned to develop a travel center for the airport's rental car facility.
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