Air Waybill:
Noun: A document used in air transportation to provide detailed information about a shipment of goods being transported by air. It serves as a contract between the shipper and the carrier, outlining the terms and conditions of the transportation agreement. The air waybill contains essential information such as the names and addresses of the shipper and consignee, the description and quantity of the goods, the weight and dimensions of the shipment, the flight details, and any special instructions or requirements. It also serves as a receipt of the goods by the carrier and can be used for tracking and tracing purposes. The air waybill is a crucial document in international trade and logistics, facilitating the smooth movement of goods by air and ensuring proper documentation and accountability throughout the transportation process.
An air waybill is a legal document that serves as a contract of carriage between the shipper and the carrier for the transportation of goods by air. It contains important information such as the names and addresses of the shipper and consignee, a description of the goods being transported, the weight and dimensions of the goods, and any special instructions or requirements for handling the goods.
The air waybill also includes the terms and conditions of the transportation agreement, including the liability of the carrier for loss, damage, or delay of the goods. It typically limits the carrier’s liability to a certain amount per kilogramme of weight or per unit of goods, unless the shipper declares a higher value and pays an additional fee.
The air waybill is usually issued by the carrier or its authorized agent and is an essential document for the shipment of goods by air. It serves as a receipt for the goods, evidence of the contract of carriage, and a document of title that can be used to transfer ownership of the goods.
In case of any disputes or claims arising from the transportation of goods, the air waybill is an important piece of evidence that can be used to determine the rights and obligations of the parties involved. It is therefore crucial for both the shipper and the carrier to carefully review and understand the terms and conditions stated in the air waybill before entering into the transportation agreement.
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This glossary post was last updated: 11th April 2024.
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