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What type of compensation would I receive for lost luggage? Do I need to provide a certification for the value of the lost items?

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What type of compensation would I receive for lost luggage? Do I need to provide a certification for the value of the lost items?

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In accordance with the Montreal Convention, and the regulations applied in the countries signing the agreement, the airline’s liability for lost luggage is 1,000 Special Drawing Rights (SDRs) per passenger. The responsibility limits do not imply an immediate compensation for the maximum value. The airline’s responsibility will only correspond to the value of the damage, if the checked or carry-on luggage is value has been declared, accepted by the airline and with previous payment of additional amount. The Montreal Convention was implemented in June 28, 2004. It is applied to the companies of the country that has signed the agreement in regard to the transportation of passengers and their luggage, and to companies of countries that have abstain to signed the agreement serving international flights between two points in the following countries: European community countries, Saudi Arabia, Bahrain, Barbados, Belize, Botswana, Bulgaria, Cameroon, Canada, Colombia, United Arab Emirates, Uni

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