Here is a Air Waybill Supplier talking about the nature of the air waybill.

Air Waybill is very different from ocean bills of lading, but are similar to international rail waybills. It is an important cargo transportation document issued by the carrier or its agent. It is a transportation contract between the two parties and its contents are binding on both parties. Air waybills are not transferable, and holding an air waybill does not mean that the goods can be claimed.

Air Waybill 

(1) Transportation contract

Unlike the ocean bill of lading, the air waybill not only proves the existence of the air transport contract, but also the air waybill itself is the contract of carriage of goods concluded between the consignor and the air carrier, which is effective after the two parties sign together and arrives at the destination. Delivered to the consignee as stated on the waybill.

(2) Proof of acceptance

The air waybill is also the receipt of the goods. After the consignor has shipped the goods, the carrier or its agent will hand one of them to the consignor (ie the consignor) as proof of the goods already received. Unless otherwise stated, it is proof that the carrier has received the goods and shipped them in good condition.

(3) Freight bill

The air waybill records the expenses that belong to the consignee, the expenses that should be paid to the carrier and the fees that should be paid to the agent, and specify the type and amount of the fee, so it can be used as the freight bill and invoice. Carriers often also use the carrier as a bookkeeping vouchers.

(4) Customs declaration documents

The air waybill at the time of export is one of the customs declaration documents. When the goods arrive at the destination airport for import declaration, the air waybill is usually the basic document for customs clearance.

(5) Insurance certificate

If the carrier undertakes insurance or the consignor requests the carrier to act as insurance, the air waybill can also be used as an insurance certificate.

(6) Basis of internal business

The air waybill is accompanied by the goods and proves the identity of the goods. The consignment note carries matters concerning the delivery, transshipment and delivery of the goods, and the carrier will accordingly arrange the transportation of the goods.

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