Strategy Simplified cover image

S1E12: Hertz - Can It Survive Corona?

Strategy Simplified

00:00

Can Hertz File Bankruptcy?

Hertz filing for bankruptcy gives them a little bit of flexibility that can cease some of their lease payments in the short term. But at least they are able to escape those contracts contractually. Hertz probably will not need the same lease structure that they had before. They should not and cannot own as many vehicles as they can. They will sell them. Still, it's probably not enough.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app