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One-On-One With Dollar Thrifty COO Jay Foley: Car Rental Co. Ups Corporate Focus.

Publication: Business Travel News
Publication Date: 25-FEB-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Newly appointed Dollar Thrifty Automotive Group COO Jay Foley spoke with Business Travel News editors David Meyer and Elissa Hunter in February to discuss the company's difficult fourth quarter in 2007--punctuated by fleet delivery problems, a decline in demand and overfleeting--and its approach to corporate business in uncertain economic times.

Business Travel News: What is the outlook for 2008 demand, particularly corporate?

Jay Foley: Our suspicion is that businesses are going to continue to travel. We feel, in a pressing economy, that corporations are going to be looking more toward the value proposition that our brands offer. They'll kind of migrate downstream to the value brands and we feel our value proposition to the business traveler is going to be very appealing. We're seeing that as we're making calls on corporate accounts. We're seeing a lot more appetite.

BTN: How important is the business travel buyer to Dollar Thrifty?

Foley: The perception of our brands is that we're a leisure company and we don't...

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