Avis

• These challenges have created a pressure-cooker situation, driving companies like Yellow Corporation and Hertz Global Holdings to file for bankruptcy.
• Today, Creditsafe , the global expert in credit monitoring and risk management, released its Financial & Bankruptcy Outlook: Transportation report , which examines how financial planning, cash flow management and Accounts Payable management have affected the financial health of U.S. transportation and warehousing businesses.
• The data included in the report was gathered from multiple sources, including financial earnings reports released by the companies, filings with the U.S. Securities and Exchange Commission and the Creditsafe credit risk and intelligence platform .
• XPO, Inc. is in strong financial shape: XPO’s DBT (Days Beyond Terms) has consistently dropped since August, indicating an improvement in its cash flow and financial management practices.

• Mr. Choi's appointment as EVP & Chief Transformation Officer underscores Avis Budget Group's commitment to leveraging data, analytics, and cutting-edge technology to enhance the customer experience, revenue management, and overall operational performance.
• Joe Ferraro, Chief Executive Officer of Avis Budget Group, said, “Izzy’s deep financial acumen coupled with her operational expertise will ensure a seamless transition into the CFO role.
• Avis Budget Group, Inc. is a leading global provider of mobility solutions, both through its Avis and Budget brands, which have more than 10,000 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world’s leading car sharing network.
• Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world.

• Yet easily overlooked – and equally important – is the coronation oath, which has been a fundamental component of the ceremony since medieval times.
• It is of such significance that the remainder of the rite cannot proceed unless it has been sworn.
• The oath is the essential counterpart to the recognition and acclamation.
• The recognition is the moment at the beginning of the ceremony when the monarch is presented to the people for approval.
• It is actually a series of promises in question and answer form, sealed by an oath sworn “in God’s presence”.

The makings of a modern oath

• The Glorious Revolution of 1688-1689 ushered in a major change when a revised oath became statutory.
• The version used for Queen Elizabeth II’s coronation in 1953 had three essential parts and retained the oath’s medieval core.
• Clearly, an abdication post-coronation would have been more problematic because the coronation oath establishes accountability.
• The oath is at once a conduit for tradition, a constitutional pillar, a source of legitimacy and authority and a marker of national values.
• How incongruous it would be if the person at the summit of the constitutional pyramid had no oath to swear themselves.

• View the full release here: https://www.businesswire.com/news/home/20230418005299/en/
  According to the American Customer Satisfaction Index (ACSI®) Travel Study 2022-2023 , satisfaction across all four industries measured — airlines, hotels, car rentals, and online travel agencies — is up.
• Despite sitting at the bottom of the industry, the large group of small hotels sees the most significant bump, ascending 11% to a score of 72.
• Overall passenger satisfaction with the airline industry increased 1% year over year to an ACSI score of 76.
• Alaska ranks best in customer satisfaction, taking over the top spot after soaring 8% to an ACSI score of 81.