
The hype really built up even after all passes were sold out. There was enough press and blog action that even if JetBlue didn't make a profit off of it, they definitely won many new loyal customers.
So why would an airline do this? The timing of the pass seems to answer that question. Traditionally, the period between Labour day (the first Monday in September) and Thanksgiving is when Americans fly the least. Except for really busy routes, most flights will go empty. This is a great time for airlines to throw out special offers, and it essentially turns into a pricing war between who can offer the cheapest seats.
JetBlue wins this round because they did something completely different. They didn't offer cheaper seats, they offered one very expensive seat that you can take with you for 30 days. The restrictions on booking ensure it isn't abused, and the result is fuller flights, and possibly more people paying $6 to watch movies on board.
I bought my pass this year a few minutes after I saw the first tweet about it, even before the email from JetBlue hit my inbox. Now, a little under two days later, the passes are sold out. It took a lot longer last year, and it will probably be a lot shorter next year.
Here's looking forward to another 4 weekends of travel.
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