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
.
