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Old 01-26-2023 | 01:55 AM
  #65  
capt707
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Joined: Jul 2015
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Originally Posted by Rabid Seagull
Who says we won't make a profit soon?

I wonder if we'll just contract it out to Delta...if they want the products there on time.

8 month contract almost worth more than JetBlue today...hmmm.

JetBlue Airways Bags Global Heavyweight Service-2 Contract From US DoD

1
Shivani Kumaresan
  • JetBlue Airways Corporation (NASDAQ: JBLU) has secured an Indefinite Delivery/Indefinite Quantity, fixed-price Global Heavyweight Service-2 (GHS-2) contract from the U.S. Department of Defense. The total program value of the contract is estimated to be $1.5 billion.
  • The performance start date is Feb. 1, 2023, with an expected base period completion date of Sept. 30, 2023.
  • The contract has an eight-month base period, nine one-year option periods, and a six-month extension period, if needed.
  • Also Read:American Airlines And JetBlue Airways Tap Their Alliance Amid Antitrust Regulatory Opposition
  • The contract is for providing heavyweight delivery services for domestic and international shipments.
  • Services shall be provided for the U.S. Department of Defense (DoD), other Federal Government agencies.
  • JetBlue will be required to provide door-to-door, time-definite, pick-up and delivery, transportation, timely and accurate shipment tracking, government Third Party Payment System (TPPS) participation, customs clearance processing and shipment data reporting.
This went to 22 other carriers, not just JB..

https://www.govconwire.com/2022/12/t...rogram-period/

JB won't actually perform the work and this will be farmed out to our codeshare partners and JB will get a small cut. JB had similar contracts in the past.
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