"Our goal is to revolutionize the way we fly. We don't think you need to get undressed to get on a plane. No more buying outrageously priced tickets. No more lost luggage. No more middle seats in a cramped cabin. And don't you think you deserve to always fly first-class? We certainly do. Simple and comfortable all-you-can-fly travel will soon be a reality."
This certainly sounds like an idea that could actually work. Here is a video of PlaneRed CEO Wade Eyerly discussing some of his specific plans.
The company's website (basically a launch page as of this writing) envisions an "All-You-Can-Fly Membership" that will be simple, first class, no hassle and, by most accounts, a much better alternative to the current TSA process experienced at major airports. All this for less than a grand per month! At minimum, do a Google search on PlaneRed. There is some great buzz on the company from some great publications. Who knows. They might actually be on to something BIG.