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The Honolulu Advertiser
Updated at 7:34 p.m., Monday, December 8, 2008

Advantage Rent A Car to close Oahu, Maui locations

Advertiser Staff

Advantage Rent A Car said it will close airport locations in Honolulu and Maui as it shutters 21 offices after filing for bankruptcy.

The San Antonio-based company filed for a Chapter 11 reorganization Monday saying its finances were hurt by a decline in travel and higher costs, along with less credit availability. It said its Honolulu and Maui locations would remain open to accept returning rental vehicles.

The company said it has made arrangements with Hertz to honor almost all remaining reservations at affected locations. It is keeping open 10 locations in Texas, Illinois, Colorado, Florida and Utah.