FlightTime Announces Marketing and Promotional Partnership with Doug Tewell, Ranked 15th on the Senior PGA Tour.Sports and Travel Editors/Golf Writers & Columnists WALTHAM, Mass.--(BW SportsWire)--Jan. 10, 2001 Relationship promotes FlightTime's leadership in the industry and alleviates the need for Tewell to invest in an aircraft FlightTime, a global provider of air-charter services, today announced a marketing and promotional partnership with 2000 PGA (1) (Professional Graphics Adapter) An early IBM PC display standard for 3D processing with 640x480x256 resolution. It was not widely used. (2) (Programmable Gate Array) See gate array and FPGA. Seniors' Champion Doug Tewell Douglas Fred Tewell (born August 27, 1949) is an American professional golfer who has won numerous tournaments at both the PGA Tour and Champions Tour level, including two senior major championships. Tewell was born in Baton Rouge, Louisiana. . Under the terms of the agreement, Tewell, a three-time winner in 2000, has become a charter member of FlightTime's Freedom Plan, a new product that enables travelers to enjoy the benefits of private jet ownership without an up-front, long-term capital investment. Tewell will make four appearances with FlightTime executives this year, while his golf cap and bag will feature the FlightTime logo. "I am excited about my relationship with FlightTime as it complements the profile of the various companies I represent. I want to work with companies that have demonstrated high-quality service and leadership in their industry, and FlightTime represents just that," said the 2000 Senior PGA Tour The PGA Tour is an organization that operates the USA's main professional golf tours. It is headquartered in Ponte Vedra Beach, Florida, USA. Its name is officially rendered in all caps as “PGA TOUR". Rookie-of-the-Year. "FlightTime has been the leader in the charter industry for many years, and their Freedom Plan makes executive-style service, security and dependability dependability - software reliability available to a broad range of companies, athletes and entertainers," Tewell said. Tewell has purchased a 75-hour Freedom Plan package, and he can use the hours anytime throughout the year. Freedom Plan provides individuals and corporations a cost-effective way to combine the convenience of private aviation with the flexibility of charter. Members avoid the burden and risk of owning and maintaining aircraft, the high cost and long-term commitment of fractional fractional size expressed as a relative part of a unit. fractional catabolic rate the percentage of an available pool of body component, e.g. protein, iron, which is replaced, transferred or lost per unit of time. aircraft ownership, and excess charges associated with traditional charter. Freedom Plan members pay a membership fee and competitive rates for the hours they fly, have guaranteed availability if they make reservations 12 hours in advance and fly exclusively on aircraft that go through intense audits conducted by Wyvern wyvern protector of treasure and wealth. [Heraldry: Halberts, 40] See : Guardianship Aviation Consulting safety Darrel James, Tewell's business manager, spent more than 130 hours evaluating various aviation alternatives for Tewell, including direct ownership as well as fractional ownership In business, fractional ownership is a percentage share of an expensive asset. Shares are sold to individual owners. A fractional owner enjoys priorities and privileges, such as reduced rates, priority access on holidays and income sharing. programs. James, a certified public accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. , decided that FlightTime's Freedom Plan was the best option for Tewell because it makes the most economic sense. "Fractional ownership plans require a significant capital investment and a financial commitment for up to five years, including significant monthly management fees whether you fly or not. In addition, the evidence of an economic slowdown For articles with similar titles, see Slow Down (disambiguation). A slowdown is an industrial action in which employees perform their duties but seek to reduce productivity or efficiency in their performance of these duties. is compelling, which suggests to us that the risk associated with aircraft ownership, whether direct or through fractional programs, is relatively high concerning the projected residual value Residual value Usually refers to the value of a lessor's property at the time the lease expires. residual value The price at which a fixed asset is expected to be sold at the end of its useful life. of the aircraft," James said. "Freedom Plan relieves us of these concerns and allows us to utilize Doug's dollars in the most efficient manner. We can evaluate Doug's travel requirements on an annual basis due to the attractive one-year membership program and adjust accordingly, which provides us total flexibility, indeed, freedom. Our due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. concluded that Freedom Plan is the most cost-effective way to fly privately without the burdens of ownership." "Doug is recognized throughout the sports and corporate markets for his exceptional golf talents and relationships with leading companies," said Michael Foliot, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of FlightTime. "Our partnership with Doug is integral to our growth strategy, as we are targeting Freedom Plan to both of those markets. With FlightTime, golfers can fly to smaller regional airports located near golf courses and businesspeople can work productively while traveling and schedule flights at their convenience." About Doug Tewell Doug Tewell turned professional in 1971 and was a four-time winner on the PGA (Professional Golf Association) Tour. Doug is already a three-time winner on the Senior PGA Tour and finished eighth on the 2000 Senior PGA Tour Money List, his rookie rookie a novice; often an athlete playing his first season as a member of a professional sports team. [Sports: Misc.] See : Inexperience year. Doug currently resides in Edmond, Okla., with his wife, Pam. About FlightTime FlightTime provides air-charter services and a state-of-the-art online booking system to a wide array of customers including business and leisure travelers, sports teams and corporations. Founded in January 1985, the company has 16 years of experience in the global air transportation industry. FlightTime is headquartered in Waltham, Mass., and has offices in cities worldwide. To meet the growing demand for charter, FlightTime has created a global network of aviation operators. The FlightTime network also includes Wyvern Aviation Consulting Ltd., an international safety-auditing company, and a proprietary software system for charter operators and managers that is available via the Internet. Together, these products constitute the first end-to-end aviation network of audited aircraft. FlightTime's online charter reservation system is the first of its kind. For more information, visit www.FlightTime.com |
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