Lower fuel costs won’t mean cheaper flights for US travellers, airlines say
- Major US airlines and analysts say fares are likely to stay high even if oil and jet fuel prices fall.
- Jet fuel rose sharply after the Iran war began, fell back in the spring, then surged again through summer.
- Carriers say rising operating costs and inflation mean any savings would not reach passengers.
- Strong demand for air travel also lets airlines hold fares roughly where they are now.
Source: economictimes.indiatimes.com
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