TULSA, Okla., June 16 /PRNewswire-FirstCall/ -- Dollar Thrifty Automotive
Group, Inc. (NYSE: DTG) today announced that its successful value brands --
Dollar Rent A Car and Thrifty Car Rental -- are opening locations in Poland
for the first time this month.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020412/DTGLOGO)
As part of a master franchise agreement with Armada Fleet Management
Service of Warsaw, Dollar and Thrifty opened a dual-branded in-terminal
location at Gdansk Lech Walesa Airport this month and plan to be operational
in Katowice International Airport later this month. Three more locations are
scheduled to open by year-end, including an in-terminal location at Warsaw
Frederic Chopin International Airport featuring both the Dollar and Thrifty
brands, as well as suburban locations in Gdansk and Warsaw.
Dollar Rent A Car and Thrifty Car Rental in Poland will feature a mix of
vehicles and manufacturers, with an emphasis on those of the Toyota Motor
Corporation. It is expected that 80 percent of business will be corporate in
nature, with 20 percent represented by leisure customers.
Armada Fleet Management Service, operated by Managing Director Grzegorz
Lozowski, is the fifth-largest vehicle leasing company in Poland. Founded in
1995, Armada has about 400 short-term and 3,500 long-term lease vehicles in
their fleet. The company's principal shareholder also owns the largest Toyota
dealership in Poland.
"We are proud to have such a strong company as Armada Fleet Management
Service representing the Dollar and Thrifty brands in Poland," said Jeff
Cerefice, Vice President, DTG Global Franchise Operations and Development.
"Poland represents one of the fastest-growing nations in the European Union,
and this is a great opportunity for Dollar and Thrifty to establish a strong
foothold in a thriving marketplace."
A dynamically developing country, Poland has a population of about 38
million people, and is the largest country among those recently added to the
European Union in central Europe. Poland, in fact, is developing at twice the
rate of Western Europe, with a Gross Domestic Product that grew by 5.8 percent
in 2006. Warsaw Airport is Poland's busiest airport, handling just under 70
percent of the country's air passenger traffic. Traffic at Gdansk Airport
grew 36 percent in 2007 versus the previous year, serving 1.7 million
passengers; passenger volumes are expected to grow an additional 31.9 percent
in 2008 at Gdansk.
About Dollar Thrifty Automotive Group, Inc.
Dollar Thrifty Automotive Group, Inc. is a Fortune 1000 Company
headquartered in Tulsa, Oklahoma. Driven by the mission "Value Every Time,"
the Company's brands, Dollar Rent A Car and Thrifty Car Rental, serve value-
conscious travelers in approximately 70 countries. Dollar and Thrifty have
over 800 corporate and franchised locations in the United States and Canada,
operating in virtually all of the top U.S. and Canadian airport markets. The
Company's approximately 8,500 employees are located mainly in North America,
but global service capabilities exist through an expanding international
franchise network. For additional information, visit http://www.dtag.com,
http://www.dollar.com or http://www.thrifty.com.
SOURCE Dollar Thrifty Automotive Group, Inc.
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