![Mathilde Carlier](https://cdn.statcdn.com/static/../CMS/contactperson/ERI2785_1713774293.png)
Net income: Hertz Global Holdings 2011-2020
The large deficit in net income was caused by a large decline in global travel as a result of the COVID-19 pandemic. Numerous countries implemented regulations and restrictions relative to internal travel aimed at curbing the spread of the virus.