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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
Syracuse Hancock Intl Airport
Additional Travel Information
The next time you start planning a family trip to Syracuse, don’t forget to book rental cars to make the most of your destination. If you want freedom and flexibility from the second you arrive in the area, pick up your choice of rental car from the Budget car rental Hancock International Airport location. The convenience of picking up your family’s vehicle from the Hancock International Airport Syracuse means that you can have your own transport just minutes after landing. Even if you’re not arriving by air, the Hancock International Airport is close to the city’s downtown area as well as plenty of regional attractions. With car rentals available at great prices, you can commit to making the most of Syracuse. Start by heading to Rosamond Gifford Zoo in Burnet Park, a top pick for kids. If you’re crazy about sports, you could drive to watch a game played by the Chiefs baseball team or the Crunch minor league hockey team. Whether you plan to do a lot of shopping at Armory Mall, visit the Erie Canal Museum or get active at Onondaga Lake Park, a Syracuse rental car deal can help you do it all. Take advantage of all this Central New York city has to offer and pick up an affordable rental car from the Budget Hancock International Airport location. Whether you and your family want a stylish convertible for summer cruising, a fuel-efficient vehicle with plenty of trunk storage space or a minivan big enough for the kids to spread out on a family road trip, Budget Rent a Car Hancock International Airport has a variety of vehicles available at a wide range of price points. 

Additional Location Information
Select from a wide variety of vehicles at Budget Syracuse Hancock Intl Airport, check out the latest Syracuse Hancock Intl Airport Car Rental Deals, and be confident that you are getting the best rental rates in New York !
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