Instructor Revenue Sharing

A platform called "Jump Seat" that allows airline passengers to buy and sell their seats directly with other passengers, particularly useful during flight delays or cancellations.

Key Points:

• Core Concept:

  • Passengers can offer money to trade seats/flights with other passengers
  • Similar to Ticketmaster or SeatGeek but for airline seats
  • Platform connects buyers and sellers of airline seats in real-time

• Use Cases:

  • Stranded passengers can buy seats from flexible travelers
  • Passengers can upgrade to first class by paying another passenger
  • Flexible travelers can profit by selling their seats to urgent travelers

• Business Model:

  • Airlines take a small cut of each transaction (suggested $5 per swap)
  • Integration with existing airline booking systems
  • Similar to how airlines work with aggregators like Expedia

• Current Assets:

  • Domain name: jumpseat.com (already owned)
  • Logo and branding developed
  • Business concept refined

• Requirements for Success:

  • Technical expertise to build the platform
  • Connections in airline industry
  • Experience with scaling similar platforms
  • Understanding of airline booking systems

The idea solves problems for both airlines (additional revenue, happier customers) and passengers (flexibility, problem-solving options during delays/cancellations).