Avis Budget Group Announces New Partnership With JetBlue Airways

Avis Budget Group, Inc. (NYSE: CAR) today announced a new partnership with JetBlue Airways (NASDAQ: JBLU), the award-winning value airline. The new agreement, effective November 10, will provide millions of TrueBlue^® members the opportunity to earn TrueBlue points from Avis and Budget rentals. In addition, Avis Rent A Car and Budget Rent A Car rental offers, products and services will be marketed to TrueBlue members on JetBlue's official Web site, www.jetblue.com, through emails and in-flight opportunities. JetBlue serves more than 23 million customers annually.

"We are thrilled to align our brand loyalty efforts with JetBlue Airways," said Thomas M. Gartland, executive vice president of sales, marketing and customer care for Avis Budget Group. "This partnership will enhance the value proposition for JetBlue's customer loyalty program and bring us incremental business at the same time."

To celebrate the new partnership, Avis and Budget are offering TrueBlue members additional savings and bonus points on qualifying rentals at participating airport locations in the United States and Canada. From November 10, 2010 through February 28, 2011, customers can earn triple TrueBlue points on Avis and Budget car rentals. For more information, including full terms and conditions, customers should visit www.avis.com/truebluelaunch or www.budget.com/truebluelaunch.

"JetBlue is constantly seeking out new partnerships with iconic brands like Avis and Budget that are meaningful to our customers," said Dave Canty, director of loyalty marketing for JetBlue Airways. "It's another way of being true to our customers by adding value to our TrueBlue program and providing more ways for members to earn points and enjoy discounts. These trusted providers are an extension of the JetBlue Experience on the ground, allowing customers to save money on their car rentals and earn TrueBlue points with Avis or Budget."

About JetBlue Airways
Voted "Most Eco-Friendly Airline" by Zagat's Airline Survey in 2008 and 2009, New York-based JetBlue Airways has created a new airline category based on value, service and style. In 2010, the carrier also ranked "Highest in Customer Satisfaction Among Low-Cost Carriers in North America" by J.D. Power and Associates, a customer satisfaction recognition received for the sixth year in a row. Known for its award-winning service and free TV as much as its low fares, JetBlue offers the most legroom in coach of any U.S. airline (based on average fleet-wide seat pitch) and super-spacious Even More Legroom seats. JetBlue is also America's first and only airline to offer its own Customer Bill of Rights, with meaningful and specific compensation for customers inconvenienced by service disruptions within JetBlue's control. Visit www.jetblue.com/promise for details. JetBlue serves 61 cities with 650 daily flights. New service to Ronald Reagan Washington National Airport in Washington, D.C. and to Bradley International Airport in Hartford, Conn. begins in November. The airline also intends to serve Providenciales, Turks & Caicos Islands in February 2011, subject to receipt of government operating authority. With JetBlue, all seats are assigned, all fares are one-way, and an overnight stay is never required. For information or reservations call 1-800-JET-BLUE (1-800-538-2583), TTY/TDD 1-800-336-5530 or visit www.jetblue.com.

About Avis Budget Group, Inc.
Avis Budget Group, Inc. is a leading provider of vehicle rental services, with operations in more than 70 countries. Through its Avis and Budget brands, the Company is a leading vehicle rental company in each of North America, Australia, New Zealand and certain other regions. Avis Budget Group is headquartered in Parsippany, N.J. and has more than 21,000 employees. For more information about Avis Budget Group, visit www.avisbudgetgroup.com.

About TrueBlue
JetBlue's TrueBlue customer loyalty program is based on what customers want: every seat on every flight is available for travel and there are no blackout dates, allowing customers to redeem rewards whenever they want to travel^(a). This transparent program is rich and more rewarding for members, who can earn one-way Award Flights starting at just 5,000 points^(b). TrueBlue points will not expire as long as a member travels on at least one paid JetBlue flight or makes a qualifying purchase with a JetBlue Card from American Express within 12 months of their last TrueBlue transaction (either a qualifying flight or JetBlue Card transaction). To enroll in TrueBlue or to learn more about the program, visit www.jetblue.com/trueblue.

(a) No blackout dates apply to JetBlue-operated flights only. Blackout dates apply to code share and interline flights.

(b) Certain flights will require more points to redeem award travel based on, among other things, the flight chosen and peak travel periods. TrueBlue Members are responsible for Passenger Facility Charges up to $9.00 each way; September 11 Security Fees up to $5.00 per enplanement at a U.S. originating airport; Federal Segment Taxes of $3.70 per domestic segment (a segment is a takeoff and landing); in the case of Puerto Rico and international travel, government fees and taxes up to $127.60; and any other fees, taxes or surcharges applicable to Award travel.