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Why are air fares not coming down?

Asked by elbanditoroso (33173points) December 9th, 2014

Remember a couple of years ago, when oil prices went way up? The airlines slapped various fuel surcharges on us to try and lose less money because their costs had gone up.

OK, now oil prices are way down – 30% this year.

Have (or will) the airlines lower their prices since fuel is substantially cheaper for them?

(It’ll never happen!!)

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