Financial Times FT.com

Avis Europe dented by shelved securitisation cost

By Jack Farchy and Anousha Sakoui

Published: August 27 2009 20:17 | Last updated: August 27 2009 20:17

Avis rental car
How’s our driving? A customer satisfaction questionnaire hangs on the rear view mirror of an Avis rental car at London City Airport

Avis Europe, the car rental company, has taken a €7.1m ($10.1m) hit on the cost of preparing a securitisation that never occurred.

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