Sweeping travel restrictions tied to the Covid-19 outbreak and the global economic collapse have hammered revenue, particularly in the car rental business. Photo: AFP
Sweeping travel restrictions tied to the Covid-19 outbreak and the global economic collapse have hammered revenue, particularly in the car rental business. Photo: AFP

Economy

Hertz could file for bankruptcy as debt deadline passes

Creditors gave the global car rental company until May 4 to come up with a solution for missed lease payments

Bloomberg

May 05, 2020