Differences Between Master Air Waybill and House Air Waybill

Differences Between Master Air Waybill and House Air Waybill.

Master Air Waybill:

1. Issued by the actual carrier, such as Korean Airlines, Emirates Airlines etc.
2. Signed either by the carrier or an agent of the carrier.
3. Issued on a pre-printed form of an actual carrier's air waybill.
4. Always subject to IATA Rules and one of the the international air conventions (Warsaw Convention, Hague amendment, Montreal Convention, etc.) 
5. States the terms and conditions of the carriage, as a result consignee may have protection in case the goods are damaged or lost in transit.
6. States only MAWB number.

House Air Waybill:

1. Issued by the forwarder company, such as XYZ Forwarding Ltd, etc.
2. Signed by the forwarding company without any agency indication of the carrier.
3. Issued on a naturel form of an air waybill.
4. May or may not be subject to IATA Rules and one of the the international air conventions (Warsaw Convention, Hague amendment, Montreal Convention, etc.) 
5. States the terms and conditions of the forwarding company, as a result consignee will not be having a legal protection in case the goods are damaged or lost in transit.
6. States both MAWB and HAWB nu