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In 2018, LAWA signed 20-year base leases with rental car companies to use the ConRAC. [3] The ready/return building was handed over to tenants on June 6, 2022. [10] Contractors for the car rental companies will construct their rental counters, waiting areas, office spaces and entry/exit booths. [3]
The company was founded in 1946 with three cars at Willow Run Airport, [10] Ypsilanti, Michigan, by Warren Avis (August 4, 1915 – April 24, 2007). [8] It established branch operations across the United States over the next few years, becoming the second largest car rental company in the country by 1953.
The LAX Automated People Mover (APM), currently under construction by LAWA, is a 2.25 miles (3.62 km) rail line that will connect the terminal area with long- and short-term parking facilities, a connection to the Los Angeles Metro Rail and other transit at the LAX/Metro Transit Center, and a consolidated facility for all airport rental car ...
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]
Los Angeles, CA: Los Angeles International Airport (LAX) 2024 The US$1.5 billion building is the largest CONRAC in the world at 6,300,000 square feet (590,000 m 2) and hosts up to 21,000 rental vehicles. It connects to the airport's terminals by an under construction people mover. [54] [55]
LAX/Metro Transit Center station (also known as the ITF East), connecting to the Los Angeles Metro Rail system, scheduled to open in mid-2025; LAX Consolidated Rent-A-Car Facility, which will house 21,000 rental vehicles for all of the major rental car companies that operate at LAX
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