An Air Waybill (AWB) is a document that accompanies goods shipped by an international air courier to provide detailed information about the shipment and allow it to be tracked. It is a contract between the shipper and the carrier, and it serves as a receipt of goods by an airline. The AWB is a standard form distributed by the International Air Transport Association (IATA). It is a legally binding transport document that provides detailed information on the contents of the shipment, the sender and recipient, terms and conditions, and other information. The bill has multiple copies so that each party involved in the shipment can document it. An AWB is a non-negotiable instrument and must include the shippers name and address, consignees name and address, destination airport, and value of contents, among other things. The key difference between an air waybill and a bill of lading is that AWBs are issued in a non-negotiable form, meaning theres less protection with an AWB versus bills of lading. The AWB is a mandatory paperwork for airfreight and contains several documents such as freight invoice, insurance certificate, proof of fulfillment of the customs-related obligations, delivery confirmation, and other papers that can vary depending on the destination. The AWB has three carbon copies – green for the air carrier, blue for the sender, and red for the recipient.