Block Space Agreement Meaning

Many BSAs have a compensation clause that allows the pivotal weight to be placed over a period of time, usually a month. In the case of the Happy Airlines BSA described above, we will look at a hypothetical June clearing period. We have four flights in June, and imagine that we shipped 1000 kg on the first Monday, the second 1000 kg and the third only 900 kilos. So we have 100 kilos less than our pivotal weight, which means we still have to pay for the full 1000 kilos. But with the deformation, we have the possibility to treat the missing 100 kilos at any time during the compensation period. In this case, we still have a Monday in June, so if we send an extra 100 kilos beyond the 1000 we would normally ship to reach the pivot weight, then our pivot weights “balance” and we do not pay a pivot fee. 3.2 CV may, with the customer`s consent, purchase capabilities from the locked space. A codeshare agreement, also known as codeshare, is a common commercial agreement in the aviation industry, in which two or more airlines publish and market the same flight under their own airline identifier and flight number (the “airline flight code”) as part of their published flight plan or flight plan. As a rule, a flight is operated by an airline (technically referred to as an “administrative carrier”[1], while the seats for the flight are sold by all cooperating airlines using their own name and flight number.

First, we need to talk about how air cargo moves physically. In the same way that sea freight is containerized before being loaded onto a ship, air cargo is installed in standard “contours” called unit Load Devices (ULDs). ULDs are identified by three-letter codes such as ake, AKH and PMC. Some are containers and others are just metal pallets. Each has a particular shape, designed to fit a certain part of a particular aircraft. This is comparable to any ULD that has “parking” on the plane. Each aircraft has a very specific layout of parking spaces, and each car park can accommodate one or more types of ULDs. There is no central, liquid on-demand market for air cargo, but an informal network of directly communicating air planners and carriers. For example, the spot market for air cargo from Hong Kong consists of a flood of phone calls and WhatsApp messages between carriers and carriers inquiring about whether the necessary space is available and at what price per kilogram. . .


This entry was posted in Uncategorized. Bookmark the permalink. Comments are closed, but you can leave a trackback: Trackback URL.