NEW YORK (ABC News) -- It could get cheaper to fly next year.
Some airlines say they will finally start passing on some of the savings they are seeing due to plummeting oil prices.
Carriers are already forecasting record profits for next year, and as a result they may cut the average ticket price by five percent.
It's not much, considering crude oil has fallen 40 percent, but International Air Transport Associated, which represents 240 airlines, said many carriers are still stuck with fuel contracts that pre-date the recent oil price slump.
