Falling oil prices have been a godsend to everyone who drives, but airline passengers have yet to see ticket prices fall as a result.
The nation's airlines were quick to boost fares when jet fuel prices went up—fuel is their biggest expense. But now that fuel prices have taken a nosedive and profits are soaring, consumer advocates are blasting the airlines for not lowering fares.
In a recent letter to the CEOs of the major U.S. airlines, Travelers United and FlyersRights.org claim the airlines are keeping ticket prices high to "gouge" the public.
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"The airlines are saving billions of dollars and it's time that consumers get a little bit of that back in some sort of relief," said Charles Leocha, chairman of Travelers United.
Airlines for America (A4A), a trade organization that represents the nation's carriers, responded to that letter with their own on Tuesday.
"Lower fuel prices are benefiting consumers every day as airlines add seats and service, invest in new products and places, and reward employees," wrote Sharon Pinkerton, A4A's senior vice president for legislative and regulatory policy.