UK: Airlines urged to cut ticket prices as cost of oil continues to fall

Consumer campaigners have accused airlines of ripping off passengers by failing to pass on the full saving of the fall in fuel prices. They say the current low price of oil is not reflected in the cost charged by airlines. The row comes as around 2m people headed overseas this weekend as the holiday season got underway. The Conservative MP Michael Fabricant said that although the cost of flights has been falling over the past few years customers are still not seeing the full benefit of the fall in fuel costs over the same period “There’s a very real argument here to say that airline customers are being ripped off. The price of tickets must go down to reflect the fall in the price of fuel, but airlines are failing to pass on in full the savings they are making as a result of falling fuel prices,” he said. <br/>