But what matters here- the price of a barrel of oil on the open market, or what AA are actually paying for the fuel? Others here know all the right places to look for this information, and I don't...but I have a strong suspicion that AA are not "reaping the benefits" of the recent drops in their fuel charges. If they're still paying a lot, does the reduction in the open market price still mandate that they drop prices? Perhaps not.
Cheers.
Perhaps. Perhaps not. But I believe that competition will hopefully force them to do it. As was mentioned before, they chose to use fuel surcharges and not raise their fares. I belive that they will be forced to reduce the surcharges as competition does. I can't believe that people will say "hey, you've lost $ because of bad decisions so I will pay more to help you out"
They chose this strategy. Now they have to live with it.