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Between April 30, 1997 and February 1, 2005, PHH was a wholly owned subsidiary of Cendant Corporation (now known as Avis Budget Group) and its predecessors that provided mortgage banking services, facilitated employee relocations and provided vehicle fleet management and fuel card services. [citation needed]
[48] [49] The next month, Cendant sold its Wright Express division, a provider of fleet cards, for $1.03 billion through an initial public offering. [50] In October 2005, Cendant sold its marketing services division, including its membership shopping programs, to Affinion Group, a vehicle of Apollo Management, for $1.8 billion. [51] [52]
Over the next couple of decades the company expanded their fleet to 300 helicopters, which was the biggest non-military group of aircraft., [8] [9] and constructed the world's largest heliport at Lake Palourde in Morgan City [10] In 1981 Petroleum Helicopters created PHI Air Medical, and became a provider of aeromedical services. [citation needed]
Federal Aviation Administration records show that the registration of the plane, a 1997 Cessna jet, was transferred from the Trump Organization’s DT Air Corp to a Texas entity called MM Fleet ...
In June 2013, Ocwen Financial Corp. (OCN), a provider of loan and asset-management services, agreed to buy contracts to handle payment collections on about $78 billion of mortgages from OneWest Bank FSB for $2.53 billion. On February 27, 2018, Ocwen Financial Corporation entered into definitive agreement to acquire PHH Corporation for $360 million.
These functions can be dealt with by either an in-house fleet-management department or an outsourced fleet-management provider. The number of light duty vehicles registered in commercial fleets in Europe [ 3 ] as of 2016 was 15 million, and 19.5 million in North America [ 4 ] Even with these record numbers of registration, light duty vehicles ...
The Fleet Management Training Institute (FMTI) was established in 1997 by Fleet Management Limited. [4] It is located at Nerul, India.It provides various marine courses such as Bridge Team Management, Engine Room Simulator for Marine Engineering (at Management Level), Engine Room Simulator for Marine Engineering (at Operational Level), ISPS Familiarization, Ship Manoeuvring Simulator and others.
The Texas Legislature created the Texas Highway Department in 1916 to administer federal highway construction and maintenance. In 1975, its responsibilities increased when the agency merged with the Texas Mass Transportation Commission, [3] resulting in the formation of the State Department of Highways and Public Transportation. [4] [5] [6]