There was also a sharp decline at rental car broker Sunny Cars

Rental car counter from Sixt (Photo: Pixabay).
Rental car counter from Sixt (Photo: Pixabay).

There was also a sharp decline at rental car broker Sunny Cars

Rental car counter from Sixt (Photo: Pixabay).
Advertising

Fewer holiday travelers also mean less brokerage potential for rental cars. Sunny Cars announced that the fiscal year that ended October 31, 2020 ended in deep red. Sales fell from 275 million euros in the previous period to 71,5 million euros.

If you look at the number of bookings, the slump is even more today: In the 2019/2020 financial year, Sunny Cars brokered around 900.000 rental cars. In the recently completed period, there were only 232.000 bookings.

"In this exceptional year for the tourism industry, we tried from the beginning of the Corona crisis to deal with the situation as well as possible," confirms Sunny Cars founder and managing partner Kai Sannwald. “We benefit from the fact that we have left most of the profits generated over the past few years with the company and can therefore fall back on high reserves. This enables us to take further losses out of equity. We are even able to get through the new financial year without a single booking. "

Sunny Cars plans and calculates for the current financial year with caution and is pursuing a rigid austerity course internally: "We are preparing for the fact that a return to normal travel behavior cannot be expected anytime soon," emphasizes co-partner Thorsten Lehmann. “The customer must first want to travel again and, above all, be able to travel, so we don't expect the overall situation to improve slowly until mid-2021”.

Leave a Comment

Your e-mail address will not be published. Required fields are marked with * marked

This website uses Akismet to reduce spam. Learn more about how your comment data is processed.

Editor of this article:

Jan Gruber is Senior Editor at Aviation.Direct. Before that, he had held the same position at AviationNetOnline (formerly Austrian Aviation Net) since 2012. He specializes in low-cost carriers, regional aviation in the DA-CH region and in-depth research.

Nobody likes paywalls
- not even Aviation.Direct!

Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

In doing so, you support the journalistic work of our independent specialist portal for aviation, travel and tourism with a focus on the DA-CH region voluntarily without a paywall requirement.

If you did not like the article, we look forward to your constructive criticism and / or your suggestions for improvement, either directly to the editor or to the team at with this link or alternatively via the comments.

Your
Aviation.Direct team
paywalls
nobody likes!

About the editor

Jan Gruber is Senior Editor at Aviation.Direct. Before that, he had held the same position at AviationNetOnline (formerly Austrian Aviation Net) since 2012. He specializes in low-cost carriers, regional aviation in the DA-CH region and in-depth research.

Nobody likes paywalls
- not even Aviation.Direct!

Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

In doing so, you support the journalistic work of our independent specialist portal for aviation, travel and tourism with a focus on the DA-CH region voluntarily without a paywall requirement.

If you did not like the article, we look forward to your constructive criticism and / or your suggestions for improvement, either directly to the editor or to the team at with this link or alternatively via the comments.

Your
Aviation.Direct team
paywalls
nobody likes!

Leave a Comment

Your e-mail address will not be published. Required fields are marked with * marked

This website uses Akismet to reduce spam. Learn more about how your comment data is processed.

Advertising