Jet Fuel Prices Are Falling But Air Fare Remains At Record Highs, Report Shows

Source: International Business Times

Although prices for jet fuel have fallen sharply in recent months, airlines have made it clear they have little intention of lowering ticket prices or rolling back baggage fees anytime soon, according to a new report. Fabrice Coffrini/AFP via Getty Images Although prices for jet fuel have fallen sharply in recent months, airlines have made it clear they have little intention of lowering ticket prices or rolling back baggage fees anytime soon, a new report detailed. Instead, airlines say strong travel demand and limited seat availability continue to support higher fares, allowing them to maintain pricing even as fuel costs ease.