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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 9, 2000
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flightserv.com
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(Exact name of registrant as specified in its charter)
Delaware 1-8662 23-2265039
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(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification
incorporation) Number)
3343 Peachtree Road, N.E., Suite 530, Atlanta, Georgia 30326
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (404) 869-2599
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ITEM 5. OTHER EVENTS
On March 9, 2000, flightserv.com (the "Company") launched its
internet Web site www.flightserv.com and announced the launch of its
Private Seats (TM) program. Through a unique patent-pending method and
technology, the Private Seats (TM) program enables travelers to set
their own flight schedules between pre-set airport pairings. The
Private Seats (TM) program will aggregate demand for like itineraries
and arrange for travel to be confirmed on private jets operated by
Federal Aviation Administration (FAA) and Department of Transportation
(DOT) certified private jet charter operators. As of March 9, 2000,
travelers can use the Private Seats (TM) program to arrange
passenger-scheduled travel between New York's Teterboro Airport and
Atlanta's Dekalb-Peachtree Airport. The first travel date available for
the New York/Atlanta pairing is April 17th.
On March 9, 2000, the Company issued a press release
announcing the launch of its Web site and the Private Seats (TM)
program, a copy of which is filed as an exhibit hereto and
incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99.1 Press Release
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Report to be signed on its behalf by the
undersigned, thereunto duly authorized.
flightserv.com
(Registrant)
By: /s/ WILLIAM L. WORTMAN
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William L. Wortman
Vice President and Chief Financial Officer
Dated as of March 15, 2000
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[FLIGHTSERV.COM(TM) LOGO] EXHIBIT 99.1
Media Contact Investor Relations
Denise Godoy Bill Wortman
Alexander Ogilvy Public Relations Worldwide CFO flightserv.com
(404) 881-2335 (404) 760-2521
[email protected]
FLIGHTSERV.COM(TM) LAUNCHES NEW INTERNET ERA FOR BUSINESS TRAVEL:
PRIVATE SEATS(TM) ON PRIVATE JETS
ATLANTA -- MARCH 9, 2000 -- flightserv.com (AMEX: FSW), a pioneer Internet
company, has created a new online travel marketplace with today's launch of its
proprietary Private Seats(TM) program. For the first time, business travelers
such as lawyers, accountants, consultants and investment bankers have an
affordable alternative to fully refundable commercial airline travel. Now the
business traveler can purchase individual seats on chartered private jets. By
combining the power of the Internet with the luxury and convenience of travel by
private jet, flightserv.com has introduced the first real travel alternative for
today's professional road warrior. Travel by private jet is no longer reserved
for only the famous and wealthy, but is available to the entire traveling
business community.
Through a unique patent-pending method and technology, flightserv.com's Private
Seats(TM) program enables business travelers to set their own flight schedules
between pre-set airport pairings. Using the power of the Internet,
flightserv.com will aggregate demand for like itineraries and arrange for
travel to be confirmed on private jets operated by the country's best Federal
Aviation Administration (FAA) and Department of Transportation (DOT) certified
private jet charter operators. All private jet flights confirmed through
flightserv.com will arrive and depart from much more convenient and hassle-free
general aviation airports or from the separate private jet facilities located
at larger commercial airports.
Beginning today, travelers can visit www.flightserv.com and use the Private
Seats(TM) program to arrange passenger-scheduled travel between New York's
Teterboro Airport (located only 7 miles from downtown Manhattan) and Atlanta's
DeKalb-Peachtree Airport (located just minutes away from Atlanta's financial
district). flightserv.com will be rolling out additional airport pairings and
expects that the Private Seats(TM) program will be available on over 100 routes
by the end of 2000. Pricing for individual seats will be at slight premiums to
fully refundable commercial airline ticket prices. The first travel date
available for the New York/Atlanta Private Seats(TM) pairing is April 17th.
"We are redefining the travel experience for the business professional by
creating an entirely new marketplace. Private seats on private jets have never
been available before now, and the Internet is what makes it all possible,"
said C. Beverly Lance, flightserv.com's President & CEO. "There simply is
nothing like the private jet travel experience, the luxury and time savings are
tremendous", Lance added.
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FLIGHTSERV.COM NEWS RELEASE
CHANGING PRIVATE JET ECONOMICS
By partnering with the country's best private jet charter operators, the
Private Seats program will also change the economics of private jet ownership.
By aggregating demand and creating a new way for the business traveler to
access travel on chartered private jets, flightserv.com expects to also help
grow the businesses of its charter operator partners.
"No one else has ever done what flightserv.com is doing for private jet charter
operators," said, Von Rodman, Vice President and General Manager of Jet
Aviation, the world's largest private jet charter operator. "flightserv.com is
creating a new economy for private jet ownership by using the Internet to
deliver passengers to us that otherwise would never have access to the luxury
and convenience of travel by private jet."
LEADING THE WAY WITH CUSTOMER SERVICE
The operations side of flightserv.com's Private Seats(TM) program is managed by
a team of industry experts that include former Delta Air Lines executives with
more than 300 years of combined customer service knowledge and experience --
critical elements necessary to insure the best in customer service.
flightserv.com's experienced customer support staff will provide its customers
24/7 service.
ABOUT FLIGHTSERV.COM
flightserv.com, (AMEX: FSW) a pioneer in the online travel marketplace, has
created the first customer enabled Internet exchange for business travel.
flightserv.com's first product, the proprietary Private Seats(TM) program,
allows business travelers to purchase individual seats on chartered private
jets. Headquartered in Atlanta, GA, flightserv.com delivers business travelers
unparalleled professional convenience by offering access to a variety of
premium travel services, including chartered private jet travel, ground
transportation, and lodging accommodations. For more information, please visit
www.flightserv.com.
This release contains forward-looking statements within the meaning of Section
21A of the Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. Although the Company believes the expectations reflected in the
forward-looking statements and assumptions upon which forward-looking
statements are based are reasonable it can give no assurance that such
expectations and assumptions will prove to have been correct. See the Company's
Annual Report on Form 10-KSB for additional statements concerning important
factors, such as demand for products, manufacturing costs and competition, that
could cause actual results to differ materially from the Company's
expectations.
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