Printable Version IP1/IXF Terms and Conditions

Shippers must declare a value for carriage on the air waybill. This declaration may be a specific amount or NVD (No Value Declared). The value per pound or per kilogram for applying valuation charges will be determined by dividing the shipper's declared value for carriage by the actual gross weight of the consignment as declared in the Gross Weight box on the air waybill.

Consignments valued at more than the Convention liability limit will be assessed valuation charges of 0.50% of the shipper's declared value for carriage exceeding the Convention liability limit subject to a minimum charge of $2.00 (or local currency equivalent).

Note: For shipments of valuable cargo/articles of extraordinary value the maximum declared value is $500 or the Convention liability limit, whichever is applicable. Any effort to declare a value in excess of this limit will be null and void.

THE DECLARED VALUE FOR CARRIAGE CANNOT EXCEED THE DECLARED VALUE FOR CUSTOMS.

For all shipments other than valuable cargo/articles of extraordinary value, the maximum declared value for carriage will be limited to $100,000 (unless special arrangements are made).

The declared value for carriage applies for the actual gross weight of the consignment, excluding the weight of airline-owned ULDs. Value declarations for individual parts of the shipment only, or higher or lower value declarations for some parts of a shipment, are not permitted.