ASSURED REVENUE. BUSINESS In terms of the “Financial Bid” Submitted vide tender No YYZ/CARGO-GSA/2019 dated 27th June, 2019, M/s(GSA) , having its Registered Office for cargo sales at ----------------- -----------------------------------------------------------------------------------------------------agreed to remit to Air India sum of ---------------------per month as Assured Revenue/Business on appointment as Cargo GSA for Air India at Canada with effect from , 2019. The Minimum Assured Revenue is based on the current schedule of operation from Toronto to Delhi /India and the Aircraft Capacity/Cargo tonnage Operating of MGR The MGR (Minimum Guaranteed Revenue) assured by M/s. --------------------------------- needs to be calculated on monthly basis. In case the actual monthly remittances is less than the monthly MGR Commitment, a debit note for the shortfall /deficit amount would be issued by Air India. However, the total shortfall/deficit amount will be calculated on yearly basis. Shortfall /deficit amount can be made up in the following months and in case the MGR shortfall/deficit amount reaches the level of Bank Guarantee submitted for this purpose, the same can be invoked by AI in case the deficit amount is not settled by the GSA. The actual remittances & MGR would be reconciled on monthly basis and settled on yearly basis between actual remittances & MGR amount. Rate will have no bearing on the MGR quoted above and the MGR amount need to be paid by the GSA irrespective of the rate(Plus/Minus),given by Air India are indicative rate ,which has no bearing on MGR.
ASSURED REVENUE. BUSINESS In terms of the “Financial Bid” Submitted vide tender No LHR /CARGO-GSA/2019 dated 8th March,2019 , M/s ----------------------(name of GSA along with address) agreed to remit to Air India sum of GBP £-------Per Year as Assured Revenue/Business on appointment as Cargo GSA for Air India at U.K.& Ireland with effect from --. Further M/s ---------------------- also agree to remit to Air India GBP £ per month as the Minimum Assured Revenue with effect from (Date). The Minimum Assured Revenue is based on the current schedule of operation from U.K.& Ireland , to Delhi/Mumbai ,Amritsar & Ahmedabad and the Cargo tonnage and rate as per the RFP/Tonnage as given below: (Estimated Available Cargo Capacity and current rate per Kg. in GBP ).Schedule as on 0xx Xxxxx,0000 Xxxx Xxxxxx (XXX) Flight No Frequency Dep.time Arr.Time Aircraft Capacity Ahmedabad (AMD) AI 0172 .2.4.6. 13:00 2:40+1 B787 8 Tons
ASSURED REVENUE. BUSINESS In terms of the “Financial Bid” Submitted vide tender No SIN/CARGO-GSA//2019 dated 0xx Xxxxx,0000 , M/s ----------------------(name of GSA along with address) agreed to remit to Air India sum of SGD-------Per Year as Assured Revenue/Business on appointment as Cargo GSA for Air India at Singapore with effect from --. Further M/s ---------------------- also agree to remit to Air India SGD per month as the Minimum Assured Revenue with effect from (Date). The Minimum Assured Revenue is based on the current schedule of operation(7th March,2019) from Singapore, and the Cargo tonnage and rate as per the RFP/Tonnage as given below: (Estimated Available Cargo Capacity and current rate per Kg. in SGD) Sector Volume/Flight (Kgs.) Current Rate in SGD/Kg SIN-DEL(B787) 8000 0.50 SIN-DEL(A320) 1500 0.50 SIN-BOM(A320) 1500 0.50 SIN-MAA(A320) 1500 0.50 *Rate above is basic freight rate for + 1000 from SIN to India. All the surcharge & other charges including FSC(SGD0.35 for India), Security Surcharge(SGD 0.18 for India0 , Terminal Charges and/or any other charges would be retained by AI Further M/s also agree to remit to Air India SGD per month as the Minimum Assured Revenue with effect from ,2019.
ASSURED REVENUE. BUSINESS In terms of the “Financial Bid” Submitted vide tender No CDG/CARGO-GSA/2018 dated 12th October ,2018, M/s ----------------------(name of GSA along with address) agreed to remit to Air India sum of EURO-------Per Year as Assured Revenue/Business on appointment as Cargo GSA for Air India at France with effect from --. Further M/s ---------------------- also agree to remit to Air India EURO per month as the Minimum Assured Revenue with effect from (Date). The Minimum Assured Revenue is based on the current schedule of operation from Paris ,France to Delhi and the Cargo tonnage and rate as per the RFP/Tonnage as given below: (Estimated Annual Available Cargo Capacity and current rate per Kg. in EURO) Sector Volume/Flight (Kgs.) Current Rate in EURO/Kg CDG -DEL 10000 EURO 1/Kg *Rate above is is all in rate for +1000 . All other charges including AWB fee, statistical charge and/or any other charges would be retained by AI Further M/s also agree to remit to Air India EURO per month as the Minimum Assured Revenue with effect from ,2018. The Minimum Assured Revenue is based on the current schedule of operations and the current Agreed Rate(Rate given by Air India to GSA) and Cargo Payload being offered by Air India from the territory of France. Any variance/Change in the Cargo Payload or Schedule or in the rate (new flight/sector) would be calculated & corrected accordingly and the same would be advised by Air India in writing to M/.In case of capacity reduction or induction from the territory of appointment, the above amount would be proportionately calculated & Corrected. In case of new sector 3(three)months would be given for promotion and no penalty impose, however the assured business would be 60% of capacity as benchmark. If COMAT movement is high in volume and situation arise for any penalty to be imposed for not meeting the MGR, this volume can also be taken into MGR while fixing MGR.
