Air travel is on the rise, but new regulations are making the market more complicated.
Air transportation is becoming an increasingly important part of logistics, especially amid the instability of sea shipping. However, new regulations for preparing air waybills are creating additional challenges and risks for market participants.
Vector
Air transportation is becoming increasingly important as an alternative option for shippers, but recent changes in the rules for issuing direct air waybills may lead to additional challenges.
The Growing Role of Air Freight in Logistics
At the Aviation Connect conference in Athens, it was noted that aviation was previously seen mainly as a backup option ("Plan B"), but after the Covid-19 pandemic, it has become a more integrated part of supply chain planning. As the holiday season approaches following the peak shipping period, shippers are turning more frequently to air freight to meet key deadlines such as Black Friday, Thanksgiving, and Christmas. When goods need to be delivered for further distribution by specific sales or contract fulfillment dates, clients increasingly choose air delivery.
Shifts in Demand Structure and Requirements
Today, air freight is becoming an essential part of logistics planning for many companies, as ocean shipping has become less predictable, creating new opportunities for the aviation sector. However, shippers should not be viewed as a homogeneous group: their requirements vary depending on the type of cargo, destination, delivery speed, and handling conditions.
The Importance of Processing Time at Airports
For airports, one of the key factors remains the amount of time cargo spends on airport premises. Effective coordination between commercial and government processes is crucial to minimizing this time.
Consequences of Changes in Air Waybill Regulations
Recent changes regarding liability for direct air waybills may become increasingly significant for shippers, freight forwarders, and insurers. Amendments introduced by IATA have affected who can be held responsible in the event of a dispute or failure related to a direct air waybill. Now, a freight forwarder may be considered the responsible party, even if they act solely as a booking agent and not as a contractual party.
Impact of Changes on the Market
Many shippers have already encountered the consequences of these changes, but it is still too early to assess their full operational impact, as information about the new rules is spreading slowly in the market. In some regions, such as Australia and New Zealand, these changes are not yet seen as a serious operational issue.
Risks and Uncertainty for Market Participants
The changes create uncertainty and potential risks, especially for freight forwarders who may face new obligations. This can lead to a review of agreements or the need for additional insurance, increasing costs. The lack of clarity regarding liability could ultimately result in legal disputes.
The situation is expected to continue evolving, and market participants are advised to monitor further developments closely.
