After initiating both consultative and collaborative discussions between the Airlines and the Cargo Agents over the past 12 months or more, IATA is very pleased to advise that a number of major changes affecting the relationships between the Airlines and the Cargo Agents are soon to be implemented.
Following recommendations from the Cargo Executive Council and the South West Pacific Cargo General Assembly, Qantas made submissions to the Cargo Agency Conference held in
Briefly, the thrust of the main changes is as follows:
Ø There will be equal Airline & Agent representation on the Cargo Executive Council –
Ø Adoption of a new Cargo Agency Agreement which reflects the different legal relationships that exist between Airlines and Agents, recognising as appropriate that when conducting airfreight transactions, this may be either principal / agent or principal / principal based in the various circumstances.
Ø After a consultative review of the ‘Financial Criteria’ covering the accreditation of Cargo Agents by IATA, it was agreed that changes would be made to such financial criteria for new accreditation and annual renewals of the accreditation.
The IATA office in
Released in Sydney 10th August 2005