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Our Factsheet
Growing the business since 1958
In Summary: Day after day, Budget employees and operators at approximately 2,700 locations in more than 120 countries help support our vision, mission and values.
Quick History
Budget Rent A Car was founded by Morris Mirkin in 1958 with a $24,000 investment. The company name was chosen to appeal to the “budget-minded” or “value-conscious” renter. In 1959, in an effort to grow the business, Mirkin appealed to a distant relative, Jules Lederer, president of a Chicago-based manufacturer of writing instruments, for additional financing. Lederer formed a leasing company and leased new vehicles to Mirkin. In 1960, Lederer formed Budget Rent A Car Corporation in Chicago. The company then grew rapidly, both nationally and internationally.
In 1986, Gibbons, Green and van Amerongen Ltd. along with management and selected investors purchased Budget from Transamerica Corp. in a LBO transaction. Budget made an initial public offering of 3.2 million shares in 1987.
In 1992, Budget moved downtown Chicago headquarters to Lisle, Ill.
In April 1997, Budget was bought by Team Rental Group, Budget’s largest franchisee in the United States and changed its name to Budget Group, Inc. Budget Group began trading on the NYSE that year.
In 1997, Budget unveiled “Unlimited Budget” a travel agent loyalty program through which members receive a free Unlimited Budget debit MasterCard card and earn points (dollars) for completed bookings.
In 1998, Budget introduced “Fastbreak,” Budget’s express service with paperless transaction.
In 2002, Budget Group was delisted from the NYSE and sold Budget Rent A Car assets in the United States, Canada, Latin America, Caribbean, Australia and New Zealand to Cendant Corporation. Other worldwide assets were sold to Avis Europe, Plc. Later, Cendant moved Budget headquarters from Lisle, Ill. to Parsippany, N.J.
In 2006, Cendant Corporation separated into four independent companies: Realogy, Wyndham Worldwide, Travelport and Avis Budget Group, Inc. As a result, Budget Rent A Car System, Inc. is now a subsidiary of Avis Budget Group.
In 2011, Avis Budget Group, Inc. acquired Avis Europe plc. The transaction re-unites Avis Budget Group with its licensee for Europe, the Middle East, Africa and Asia.
About this location:
Location
Yeager Airport
Additional Travel Information
Charleston, West Virginia is built at the confluence of the Elk and Kanawha rivers and is also where Interstates 77, 79 and 64 come together. Make the most of both this vibrant city and the gorgeous West Virginia countryside in a quality rental car from Budget Car Rental.
The Budget counter serving Charleston’s Yeager Airport (CRW) is located in the baggage claim area, and the rental car parking lot is just feet from the terminal, so you can select your CRW car rental from our fleet of Yaeger Airport rental cars and be on your way almost as soon as you land. What’s more, since Budget’s line of airport car rentals includes everything from spacious SUVs to eco-friendly hybrids to flashy convertibles, no matter what kind of trip you have planned, we have the perfect vehicle to match your expectations.
As it is the capital city of West Virginia, Charleston boasts a handsome State Capitol building. At a height of 292 feet, it’s the tallest building in West Virginia. On the Capitol grounds you’ll also find the West Virginia Veterans Memorial as well as the West Virginia State Museum.
Charleston is also home to the Clay Center for the Arts and Sciences, which has performing arts, visual arts and science all under one roof. The Maier Foundation Performance Hall is a 1,883-seat theater for live shows, while the Avampato Discovery Museum teaches kids about science with interactive exhibits and displays.
Whatever your plans for your trip to West Virginia, Budget’s Charleston airport car rentals will help make sure you pull them off without a hitch. And don’t forget to sign up for the Fastbreak program.
Additional Location Information
Select from a wide variety of vehicles at Budget Yeager Airport, check out the latest Yeager Airport Car Rental Deals, and be confident that you are getting the best rental rates in West Virginia !
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