Fuel prices drop, but passengers can't cash in - KWWL - Eastern Iowa Breaking News, Weather, Closings

Fuel prices drop, but passengers can't cash in

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The price of oil is far cheaper these days and we're saving at the pump because of it, so why aren't airline passengers also benefiting?

CNN is reporting that jet fuel takes up the biggest chunk of an airline's budget and the cost fell by almost half last year.

Ticket prices didn't follow suit.

The problem is airlines don't have a lot of wiggle room. Wages are up and profit margins are thin.

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