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avis europe reports 5% drop in revenues

CAR RENTAL giant Avis Europe has seen its revenues dip by 5%
since September 11.

A trading statement issued by the company also revealed
corporate business to be down 10% compared to last year.

Revenues for the full year are expected to be down because
of the US terrorist attacks, although a reduction in staff numbers and fleet
size is predicted to help the company meet its financial forecasts.

 

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