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-   -   Consolidated "Hertz Files for Chapter 11 Bankruptcy on May 22, 2020" Thread (https://www.flyertalk.com/forum/hertz-gold-plus-rewards/2016599-consolidated-hertz-files-chapter-11-bankruptcy-may-22-2020-thread.html)

FlyinHawaiian May 13, 2021 11:18 am

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Official Press Release - click here

Excerpts:
  • Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz" or the "Company") ... announced it and certain of its U.S. and Canadian subsidiaries have filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.
  • All customer and loyalty programs [are] expected to continue as usual
  • Hertz's principal international operating regions including Europe, Australia and New Zealand are not included in [the] U.S. Chapter 11 proceedings. In addition, Hertz's franchised locations, which are not owned by the Company, also are not included in the Chapter 11 proceedings.
  • All of Hertz's businesses globally, including its Hertz, Dollar, Thrifty, Firefly, Hertz Car Sales, and Donlen subsidiaries, are open and serving customers. All reservations, promotional offers, vouchers, and customer and loyalty programs, including rewards points, are expected to continue as usual.


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