The major carriers are saving billions on rock-bottom oil prices. Shouldn't some of those savings be passed on to passengers? If you want to know who's benefiting from the drop in oil prices, you don't have to look far. "This was the best year in the long, proud history of American Airlines," Doug Parker, the megacarrier's CEO, said a few weeks back as he announced that American made a profit of $4.2 billion in 2014. Delta made even more money last year than American did: $4.5 billion. United netted $1.97 billion, up 89% over 2013. The airlines' profitability is good news for their shareholders - and for their employees, some of whom have been getting long-delayed raises. But what about passengers? Does the big fall in the cost of jet fuel mean we are getting a break on fares? Heck, no.
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