You may have noted the recent drop in gas prices at the pump. The airlines have noticed it, too, with a $1.6 billion savings in fuel costs over recent months. So why do the prices of tickets stay so high...and even rise?
An AP travel article says it's because the airlines have no particular reason to lower them. The planes are full...no empty seats to fill by dropping prices. And investors want a nice payout on their airline investments.
More details and thoughts HERE