A Reader Asks... Will Lower Fuel Prices Have Any Effect on Airfare Prices?
| cheap flights, frugal flying, last minute flight deals, tips and tricks | 0 comments »Q. I filled up my car today for less than $20. I paid $1.61 per gallon which is the lowest price I have paid in years. Do you think the lower fuel prices will have any effect on Airfare prices?
A. Jet fuel prices have fallen like a rock, and the plunging price of jet fuel has lots of airline passengers wondering why their fares haven't plunged accordingly. Even with lower fuel costs, the global recession has put mammoth pressure on hard-hit airlines. That's why analysts say that airlines will not cut ticket prices or rescind fees for services that once came for free.
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