Jet fuel prices have plummeted; airfares haven't. What gives?
Jet fuel prices have been dropping dramatically since May, yet airfares for Thanksgiving and Christmas will be the highest in years.
Source: latimes.com
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Airfares hit highest level in years despite falling fuel prices
LOS ANGELES — Jet fuel prices have been dropping dramatically since May, and the nation’s airlines now have more workers on staff than before the pandemic. So Americans preparing for Thanksgiving and Christmas travel should expect lower airfares and fewer delays and cancellations, right? Don’t get your hopes up. Ticket
Source: triblive.com