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Block Space Agreement Def

Sep 12th, 2021

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 is a flood of phone calls and WhatsApp messages between carriers and carriers wondering if the necessary space is available and at what price per kilogram. If Flexport needs to move a shipment of 1000 kilograms of six pallets from Hong Kong to Atlanta, where there is no BSA, a Hong Kong-based air planner will contact all airlines with flights between Hong Kong and Atlanta, provide the shipping details and ask for pricing conditions. Procurement covers any capacity available to a carrier to move air cargo. Capacity is provided by airlines that we call airlines. Carriers sell capacity to carriers, and motor carriers try to fill that capacity with freight. The capacity can be on passenger flights or on special cargo ships. Flexport procures capacity through three main routes: 1) long-term contracts called awards; 2) the spot market and 3) partnership agreements. Imagine on the other side of the spectrum that you have a delivery of metal bars. It weighs 1000 kg, but it is only one cubic meter. So you can install it on the W2 and fill all your pivot weight, but you have 9 cubic meters of empty 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. Fukashi Sakamoto, Chief Executive Officer of NCA, said: “NCA has been present in Singapore for over thirty years and we are pleased to launch new partnership initiatives with SIA as part of this agreement. The proposed code-sharing service will pave the way for future businesses and lead to greater customer satisfaction. 1.5 Routing(s) uses the distribution of traffic rights corresponding to CV. In the event that such rights are not granted, revoked or terminated on a given route, the rights and obligations of the parties with respect to the route concerned shall either be suspended (i) until the corresponding traffic rights are granted, or (ii) they are not granted within three (3) months from the date of the corresponding contract of sale; including, but not limited to, the Open Space Agreement, Rigid Space or Capacity Agreement (hereinafter referred to as “Agreement”) or the loss of such rights. Most major airlines today have codeshare partnerships with other airlines, and codeshare is a key feature of large airline alliances…

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