Air Canada Names Avis and Budget Rent A Car as Preferred Car Rental Suppliers Worldwide

PARSIPPANY, NJ, May 27 (MARKET WIRE) --
Avis Budget Group, Inc. today announced that Avis and Budget have been
exclusively selected as Air Canada's preferred worldwide car rental
suppliers. Air Canada customers can now reserve a rental car from Avis or
Budget with greater ease and convenience by shopping and selecting their
Avis or Budget vehicle on aircanada.com.

"Air Canada customers can make Avis and Budget rental reservations faster
and with fewer steps," said Stephen Wright, vice president of key accounts
for North America. "Business and leisure travelers alike will benefit from
renting from Avis, a premium brand with its world-renowned 'We try harder'
service, as well as Budget, the best value in the market."

Air Canada customers will also enjoy special offers and benefits that will
allow them to customize their car rental experience, including time-saving
amenities such as where2(R) GPS navigation, electronic toll collection
solutions, a paperless alternative to rental receipts with e-Receipt, an
automated car rental return process, and express rental service with Avis
Preferred and Budget Fastbreak.

Ben Smith, executive vice president and chief commercial officer at Air
Canada, added: "Air Canada customers will now have more choice and
convenience than ever before though our alliance with two of the world's
best known car rental companies. The Avis and Budget brands resonate with
and are trusted by travelers the world over, and this agreement enables us
to further enhance the one-stop shopping experience provided by
aircanada.com. Customers can now take advantage of great car rental rates
at Avis and Budget locations in Canada, the United States and Europe."

About Air Canada

Montreal-based Air Canada provides scheduled and charter air
transportation for passengers and cargo to more than 170 destinations on
five continents. Canada's flag carrier is the 14th largest commercial
airline in the world and serves 32 million customers annually with a
fleet consisting of 340 aircraft. Air Canada is a founding member of Star
Alliance, providing the world's most comprehensive air transportation
network.

About Avis Budget Group

Avis Budget Group, Inc. (NYSE: CAR) is a leading provider of vehicle
rental services, with operations in more than 70 countries. Through its
Avis and Budget brands, the Company is the largest general-use vehicle
rental company in each of North America, Australia, New Zealand and
certain other regions based on published airport statistics. Avis Budget
Group is headquartered in Parsippany, N.J. and has more than 26,000
employees. For more information about Avis Budget Group, visit
www.avisbudgetgroup.com.

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