Hertz Confirms Ending Its Partnership With Ryanair And Reassures Customers

Existing bookings will be fully honored and any future bookings can be made directly at Hertz, Thrifty and Firefly websites

Jul 02, 2015, 12:20 ET from The Hertz Corporation

LONDON, July 2, 2015 /PRNewswire/ -- The Hertz Corporation (NYSE: HTZ) has said that despite lengthy discussions regarding a contractual dispute it regrets that it had to end its car hire agreement with Ryanair. Hertz reassures customers that existing bookings will be fully honored and that future bookings can be made directly at the Hertz, Thrifty and Firefly websites.

Michel Taride, Group President of Hertz International, commented: "We have enjoyed many years of a successful relationship with Ryanair, but unfortunately we were not able to reach agreement with the airline over a significant contractual dispute in spite of considerable effort.

"The majority of Ryanair passengers who need car hire from the Hertz brands in July and August are already booked and confirmed. Any customer who wishes to book car rental and enjoy great service at competitive rates can make arrangements directly with us. Customers can also modify existing bookings on the Ryanair website.

"Hertz deeply values all of its partnerships, some which have been going for more than 20 years. We strongly believe in mutually beneficial partnerships and would never take lightly the decision to end a key relationship.

"We are confident in our legal position and intend to pursue this matter vigorously through the courts."

Customers wishing to book car rental with Hertz, Thrifty, and Firefly can visit the following websites:

Hertz:

All countries: www.hertz.com

Thrifty:

Belgium: www.thrifty.be Czech Republic: www.thrifty.ch France: www.thrifty.fr Germany: www.thrifty.de Ireland: www.thrifty.ie Italy: www.thriftycars4rent.it Luxemburg: www.thrifty.lu Netherlands: www.thrifty.nl Spain: www.thrifty.es

For other countries: www.thriftycars4rent.com

Firefly

Arab Emirates: www.fireflycarrental.ae Belgium: www.fireflycarrental.be Czech Republic: www.fireflycarrental.ch France: www.fireflycarrental.fr Germany: www.fireflycarrental.de Hungary: www.fireflycarrental.hr Iceland: www.fireflycarrental.is Italy: www.fireflycarrental.it Malta: www.fireflycarrental.mt Netherlands: www.fireflycarrental.nl Spain: www.fireflycarrental.es UK: www.fireflycarrental.co.uk

ABOUT HERTZ

Hertz operates the Hertz, Dollar, Thrifty and Firefly car rental brands in more than 10,300 corporate and licensee locations throughout approximately 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand.  Hertz is the largest worldwide airport general use car rental company with more than 1,600 airport locations in the U.S. and more than 1,300 airport locations internationally.  Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Green and Prestige Collections set Hertz apart from the competition.  Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program.  The Company also owns Hertz Equipment Rental Corporation ("HERC"), one of the largest equipment rental businesses with more than 350 locations worldwide offering a diverse line of equipment and tools for rent and sale. HERC primarily serves the construction, industrial, oil, gas, entertainment and government sectors.  For more information about Hertz, visit: www.hertz.com.

Hertz Press Contact: Cathy Madden, Head of Public Affairs, PSG Plus Mob: 00353 86 605 02 69

Gemma Hart Alex Finnegan Brunswick Group 212-333-3810

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SOURCE The Hertz Corporation



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