Definition
The air cargo transport document. Unlike a bill of lading, it is not a document of title.
See it in practice
Related terms in Air freight
IATA volumetric divisor
The divisor used to convert volume to chargeable weight in air cargo — 6,000 for standard air freight (cm³/kg), often 5,000 for express couriers.
Air consolidator
A forwarder that buys bulk air capacity and resells it, combining many small shipments under one master air waybill.