Fuel Is Cheap, So Why Are Airfares High?

Published January 26, 2015 at 12:40 PM EST

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A U.S. Airways Airbus A320 airplane takes off from a runway at Ronald Reagan Washington National Airport in Arlington, Virginia, September 23, 2013. (Saul Loeb/AFP/Getty Images)

This week could be a nightmare for anyone hoping to travel in or out of the Northeast. But when weather cooperates, it’s a great time for road trips, with oil prices at the lowest levels in years. It seems the same should be true for air travel. Not so.

Airlines are happy to keep prices high, because their customers just keep coming. Seth Kaplan of Airline Weekly joins Here & Now’s Jeremy Hobson with details.

Guest

Seth Kaplan, managing partner of Airline Weekly.