TULSA, Okla. -- Dollar Thrifty Automotive Group Inc. (DTG) has made the Fortune 1000 list. The widely noted ranking by Fortune magazine recognizes America's business elite based on revenues. Dollar Thrifty finished 2002 with record revenue of $1.13 billion, up 7.9% from 2001.
"We barely cracked Fortune's 1000 barrier, just making the cut at number 999," said Joseph E. Cappy, DTG chairman and CEO. "But this is an important moment in the life of our very young company."
A public company for only five years, Dollar Thrifty's annual revenue has increased more than 30% since its initial public offering in December 1997. "DTG has consistently delivered strong performances despite depressed economic conditions and a difficult travel environment following September 2001," Cappy said. "We have a recipe for success in the travel industry with our two strong brands, Dollar Rent A Car and Thrifty Car Rental, focused on serving the more resilient and faster growing value/leisure segment."