DGS,
Eagleflip and some other buddies have asked me the same thing.
FDX has been great to me. I can 1-hop to work in about 1:45, and I have been able to trip trade enough to have a very good schedule. Although not senior enough to hold a week on/week off line that some guys like, I have been able fly about 90% plus flights during the 1400-2300 timeframe which agrees with both my natural body clock as well as my Air National Guard duties.
The company is rock solid stable, and the benefits are awesome. Comparing my new hire package at JetBlue with my current benefits at FDX, I get much more in the way of insurance, etc. for about 1/3 of what it would have cost me at JB. Now...200 bucks a month doesn't make or break such a major decision--I only throw it out there as one of the many "little" things I've come to enjoy about FDX.
I know JetBlue doesn't "min turn" crews on layovers like some pax carriers, but generally my turns are 15-25 hours. I have had some fabulous layovers in Reno (one went from 24 to 72 hours) and a nice 36 hour layover in Seattle. Its nice to actually have enough time to get some rest and check a place out before the next leg back.
The ability to DH to/from trips is also a Godsend for a commuter. One of my trips ends in Spokane this month, with a DH home. My squadron just happens to being doing a DACT deployment the next day in Montana....so instead of DHing home I am deviating for 2 weeks of fun fighting Vipers in Big Sky Country. Since the trip to GTF is cheaper than the trip home, the rest of my ticket money went into a "deviation bank" to use for company associated travel. So...rather than sweat bumming a jumpseat to get to work I simply purchased a ticket on NWA to go to Memphis to start the trip. The "stress free" commuting is a huge benefit for guys who don't want to live in a major airline domicile. We have a 3 day period of not flying during the deployment...so I picked up a Memphis/Great Falls trip during the period (out of open time) and reserved a jumpseat to Mem to start the trip and to GTF to finish the trip. So when people ask what I like about FDX, the answer is usually the FLEXIBILTY and the STABILITY.
Now...JetBlue is making money. Having flown with them, I know they do the customer service act right. Having met a healthy handful of great guys that are pilots at JetBlue, I am confident I would have LOVED working with those folks. The compensation package is good and flying a shiny new Airbus has a lot of appeal. I get no major charge out of being an FE...instead I concentrate on just trying not to screw up with the standard new guy mistakes. I'm sure being in the right seat of an A320 with Capt 1-2 years away is tremendously exciting.
However...FDX offers some great options, just a bit further down the road. F-18FDX just got an MD-11 class date, and I missed one by 40 line numbers on the last bid. When and if I eventually do upgrade, now I will be looking at the possiblity of world wide flying from the right seat. Right now FDX pays about 112 bucks/hr for year 2 MD11 FOs, with a 4.50 override for international trips. The MD flys both domestic and international routes, so you can mix/match trips for a variety of flying I think nobody else (perhaps with the exception of UPS) could possbily match. So...right now I would like to be flying...but once a right seat opens up and fills that void I will be even happier.
So...I wish guys at JB all the best, and I have helped quite a few guys prep for their interviews along the way. It is a fantastic company with a great future, and you guys who are there now are the "core" of the airline for the next 20 years. However...in my little corner of the world, I think a 2 hop commute and associated stress would kill any of the joy of being part of "the next big thing". Instead....I fly for a huge, well established company that in all honesty doesn't notice when I there and doesn't miss me when I'm gone...but allows me to maximize my quality of life by letting me mix and match other obligations, family, and time off with a pretty good mix.
Fly safe...