Airlines could save $20 billion on jet fuel in 2015, but passengers may be last to benefit

U.S. airlines could save as much as $20 billion on jet fuel in 2015, but passengers could be the last to benefit from those savings.

There are multiple reasons for that, including airlines' concern that oil prices could rebound, but the biggest is that they don't have to. Tickets are selling just fine at current prices, and airlines have little to no incentive to cut prices when planes are full.

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"You couldn't stimulate additional revenue by cutting prices," Robert Mann, a former airline executive who now consults to the industry, told The Associated Press. Read more...

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