The Colorado Springs Gazette reports closures of the Dollar and Thrifty car-rental operations at the Colorado Springs Airport and a second Colorado Springs location.
Robert Conine, who owns JFC Automotive Rental Group LLC, once operated 17 franchises in Texas and Colorado. Another rental operation in Montrose was also shut down.
Mark Earle, Colorado Springs Airport aviation director, states that Conine had referred to credit issues he was experiencing as a result of the credit crunch and lenders reluctant to make loans or without the money to do so.
According to the Gazette, six other car rental companies continue to serve the airport.