Rate Budget Car Rental
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
Fairchild Intl Airport
Additional Travel Information
Take advantage great deals and an excellent selection of Port Angeles airport car rentals at Budget Car Rental, located on-site at William R. Fairchild Airport (CLM). Our fleet of airport car rentals include anything you might need for a trip to the northwest. Here with the kids? Try a minivan. Going camping? An SUV is your best. Here with your special someone? Rent yourselves a convertible CLM car rental. Either way, don’t forget to sign up for the Fastbreak program.
Beautiful Port Angeles is a small community of 20,000 residents living in the shadow of the Olympic Mountains—the rain shadow that is. The mountains protect the city from the precipitation more common in other areas of western Washington.
The mountains are almost entirely encompassed by Olympic National Park, a UNESCO World Heritage Site established in 1938 by Franklin D. Roosevelt that receives three million visitors annually. Visitors to this nature enthusiasts’ dream are encouraged to plan ahead—the park’s 900,000 acres contain rain forests as well as glaciers.
Let your nose guide you to the Washington Inn in Port Angeles, home to an exquisite lavender farm. Port Angeles and Clallam county grow a considerable amount of this delightful plant, and Port Angeles even holds an annual lavender festival in mid-July.
Whatever you have planned here, William R. Fairchild International Airport rental cars from Budget will get your trip off to the right start.
Additional Location Information
Select from a wide variety of vehicles at Budget Fairchild Intl Airport, check out the latest Fairchild Intl Airport Car Rental Deals, and be confident that you are getting the best rental rates in Washington !
Book a Car Rental at Fairchild Intl Airport in 60 seconds!
Own or work here?
Nearby Businesses
