Avis Inbound Business Still Strong In Spite Of Glo
Avis Southern Africa Limited
Press Release
For further information call
Grenville Wilson on (011) 923 3768 or cell 082 881 0025
Johannesburg, 10 October - Avis Southern Africa's car rental operations in
Africa and Scandinavia have thus far been affected only marginally by the
current international turmoil, chief executive Grenville Wilson said today.
Avis Rent-A-Car South Africa appeared to be heading for a normal high season
at present and had not noted a significant cancellation trend, Wilson said.
"Inbound travel accounts for some 40% of Avis South Africa's business over
the high season but the bulk of this originates from the United Kingdom and
Europe. Travel between these destinations and South Africa has not been
markedly affected. No doubt Americans are flying less but as they make up
less than 2% of our inbound market, this will have little effect on us. The
same is true of our operation in Norway and while our Swedish business has
noted some cancellations, these have not been at a level that will have any
real impact on volumes," Wilson said.
"While our international business is therefore not a major source of concern
to us at present, all our operations are faced with the prospect of a
cooling down in their domestic economies as a consequence of unsettled
global markets."
Issued by du Plessis Associates on behalf of Avis Southern Africa Limited.
dPA contact - Helen McKane on Tel : (011) 728 4701,
Fax : (011) 728 2547/8 or e-mail : avis@dpapr.com
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