Gap Fill - Bankruptcy - Level 4


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   bankruptcy      biggest      books      franchises      half      impact      largest      revenue      sudden      workforce  

Paragraph 1

Hertz has filed for protection. The world's second car rental company has 10,200 worldwide. It is one of the companies to file for bankruptcy during COVID-19. It has furloughed about of its global after rentals dried up. It said: "The of the pandemic on travel demand was and dramatic, causing an abrupt decline in... and future bookings." Hertz has over $18 billion of debt on its .

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