I have a feeling that things will get much worse before they get better, but they will get better. However, the number of employees will most likely be reduced drastically before things get back to normal, which means that not many of us will still be here to enjoy the new stability. Sad but true.
Not this time. They are in too deep financially. Someone will buy them for cents on the dollar and turn and burn it down. Hertz currently failures is not Covid related. They were in a financial position to fail. Avis stock price closed at $72.04 today!!!!!! Yep they are booming! Is Covid not impacting them? 6 Months ago Avis stock dropped as low as $27. They have almost tripled their share price since then.