Auto rental company Enterprise Rent-A-Car, announced the opening of a new location in Bayamón, with another one in the works for Guaynabo later this year. The new 2,000 square-foot office is part of an aggressive local expansion plan for Enterprise, which has 21 offices throughout the island and employs more than 240 people, executives said. […]
Less than four years after making its local debut with flights between San Juan and Orlando, low-cost carrier Allegiant Airlines will be pulling out of the market, ending service in May, this media outlet confirmed. “Allegiant’s business model is based on providing low-cost, affordable service to leisure travelers when they need it, which means our […]
OFG Bancorp reported results for the fourth quarter and full-year 2019, reflecting the previously announced acquisition of Scotiabank’s Puerto Rico and U.S. Virgin Islands operations. OFG reported a net loss to shareholders of $2.3 million, or ($0.04) per share, which included $21.5 million in acquisition related merger and restructuring charges and $6.6 million in additional […]