CONTENTS OF AIRWAY BILL USED IN INTERNATIONAL BUSINESS

Posted on 28 April 2023 Category : For Beginners

CONTENTS OF AIRWAY BILL USED IN INTERNATIONAL BUSINESS

Airway Bill is a transport document. It shows the proof that the airline has taken charge of the goods. The documentation for air transport is far simpler than for sea transport. The exporter, normally, begins by completing an air-consignment note, or letter of instruction, to the airline. This note gives basic details of the cargo, the customer's name and address and services the exporter requires, such as COD (cash on delivery) or special insurance arrangements. From these instructions the airline prepares the airway bill.

Contents of Airway Bill

The Airway Bill contains the following information:

Name of the ship/carrier,

Name and address of the shipper.

Name and address of the consignee,

Port of departure and destination,

Particular marks necessary for identification of goods,

Description of goods (General description),

Packing and Container description,

Indication of Full Container Load (FCL) or Less C

Transit places (where applicable),

Pre- paid freight or freight collect clauses,

Date and signature of the issuing carrier or his agent and

Declaration that the Warsaw Rules (the provisions in the 1929 Warsaw Convention), as amended, apply to limit the carrier's liability for loss of goods or damage to the goods.

The above information has to correspond with that appearing on the invoices and packages. The airway bill should be presented within two or three days from the date of shipment to the banker or within such period from date of issue as stipulated in the letter of credit.

Disposal of Airway Bill The airway bill is made up of three original copies, one each for:

• The carrier (the airline). The airline uses copies for various purposes, such as customs clearance, as an invoice, for accounts and so on

• The consignee (receiver). Carried with the consignment and delivered to the customer at the airport of destination.

• The consignor (shipper). Returned to him as a receipt and evidence of his affreightment contract with the airline.

Sometimes a L/C calls for "a full set of original airway bills". This is obviously a mistake; the seller cannot provide the complete set. This is a point exporter has to watch for in examining a letter of credit (L/C). The airway bill is an internationally standardised document, printed in English and in the language of the carrier.

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