TULSA, Okla., June 16 /PRNewswire-FirstCall/ -- Dollar Thrifty AutomotiveGroup, Inc. (NYSE: DTG) today announced that its successful value brands --Dollar Rent A Car and Thrifty Car Rental -- are opening locations in Polandfor the first time this month.
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As part of a master franchise agreement with Armada Fleet ManagementService of Warsaw, Dollar and Thrifty opened a dual-branded in-terminallocation at Gdansk Lech Walesa Airport this month and plan to be operationalin Katowice International Airport later this month. Three more locations arescheduled to open by year-end, including an in-terminal location at WarsawFrederic Chopin International Airport featuring both the Dollar and Thriftybrands, as well as suburban locations in Gdansk and Warsaw.
Dollar Rent A Car and Thrifty Car Rental in Poland will feature a mix ofvehicles and manufacturers, with an emphasis on those of the Toyota MotorCorporation. It is expected that 80 percent of business will be corporate innature, with 20 percent represented by leisure customers.
Armada Fleet Management Service, operated by Managing Director GrzegorzLozowski, is the fifth-largest vehicle leasing company in Poland. Founded in1995, Armada has about 400 short-term and 3,500 long-term lease vehicles intheir fleet. The company's principal shareholder also owns the largest Toyotadealership in Poland.
'We are proud to have such a strong company as Armada Fleet ManagementService representing the Dollar and Thrifty brands in Poland,' said JeffCerefice, 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 strongfoothold in a thriving marketplace.'
A dynamically developing country, Poland has a population of about 38million people, and is the largest country among those recently added to theEuropean Union in central Europe. Poland, in fact, is developing at twice therate of Western Europe, with a Gross Domestic Product that grew by 5.8 percentin 2006. Warsaw Airport is Poland's busiest airport, handling just under 70percent of the country's air passenger traffic. Traffic at Gdansk Airportgrew 36 percent in 2007 versus the previous year, serving 1.7 millionpassengers; passenger volumes are expected to grow an additional 31.9 percentin 2008 at Gdansk.
About Dollar Thrifty Automotive Group, Inc.
Dollar Thrifty Automotive Group, Inc. is a Fortune 1000 Companyheadquartered 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 haveover 800 corporate and franchised locations in the United States and Canada,operating in virtually all of the top U.S. and Canadian airport markets. TheCompany's approximately 8,500 employees are located mainly in North America,but global service capabilities exist through an expanding internationalfranchise network. For additional information, visit http://www.dtag.com,http://www.dollar.com or http://www.thrifty.com.
SOURCE Dollar Thrifty Automotive Group, Inc.
