Common use of Value Statement Clause in Contracts

Value Statement. The passenger may declare a value exceeding the liability limits applicable to checked baggage by completing a special declaration and paying any excess value charges to the Carrier before departure at the check-in point at the rate of 10% of the excess value up to a maximum amount of €2500 (two thousand five hundred euros) in excess. The declaration of value must be requested from the Carrier up to 48 hours before the scheduled time of the intended flight. The special declaration of interest is set out in Article 22(2) of the Montreal Convention, which gives the Carrier the opportunity to establish a mechanism to allow passengers to declare the excess value of checked baggage. The declaration of excess value is provided for international carriage through the Montreal Convention. An excess value declaration fee does not apply to assistive devices for people with disabilities.

Appears in 2 contracts

Sources: Airline Transportation Agreement, Airline Ticketing Agreement