Airlines keep Kenyan export charges to peak oil levels
14 / 12 / 2008
KENYAN exporters are complaining that airlines are not lowering their air-freight charges. The charges had risen due to the high cost of oil earlier in the year but, even though the cost of oil has dropped, the charges remain the same.
Export charges went up to US$2.3 per kg this year compared to $1.9 last year when the cost of oil per barrel hit $147 in July. Oil has since dropped to $50 a barrel.
In light of the global economic uncertainty the exporters are worried that their companies will collapse under the pressure.
