Hertz Global Holdings posted a March quarter net loss of $147 million - Business Travel News

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April 26, 2010 - 05:41 AM ET

Hertz Global Holdings posted a March quarter net loss of $147 million , down from the $160 million net loss a year earlier. The adjusted pre-tax loss was $69 million versus $117 million in the March quarter of 2009. U.S. car rental revenue increased 10 percent year over year, driven in part by higher pricing, ancillary revenues and "business travel."

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