Passenger Seat Exchange Marketplace

A marketplace platform called JumpSeat that allows airline passengers to buy and sell their seats directly with other passengers, solving flight scheduling problems and enabling seat upgrades through a peer-to-peer exchange system.

Key Points:

• Core Function:

  • Passengers can offer to buy/sell their seats to other travelers
  • Direct passenger-to-passenger transactions
  • Works for both full flight seats and seat upgrades within flights

• Use Cases:

  • Stranded passengers can buy seats from flexible travelers
  • Passengers can sell their seats when plans change
  • Economy passengers can buy first-class upgrades from willing sellers
  • Flexible travelers can profit from selling their seats to urgent travelers

• Revenue Model:

  • Platform takes a cut of transactions
  • Airlines could participate and receive a small fee ($5) per seat exchange
  • Pricing set by market demand (examples mentioned: $500-1000 for seats)

• Infrastructure:

  • Domain secured (jumpseat.com)
  • Logo and branding already developed
  • Would need to integrate with airline booking systems
  • Similar to existing aggregators like Expedia

• Value Proposition:

  • Solves passenger problems during delays/cancellations
  • Creates new revenue streams for airlines
  • Makes customers happier with airlines
  • Provides flexibility for travelers
  • Enables voluntary seat exchanges that benefit both parties