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Airlines’ Accounting Policies on Aircraft Depreciation and ...

Airlines Accounting Policies on Aircraft Depreciation and Maintenance Capitalization - February 2012 1 Airlines Accounting Policies on Aircraft Depreciation and Maintenance Capitalization An Exclusive Benchmark Analysis by IATA s Maintenance Cost Task Force MCTF - February 2012 Airlines Accounting Policies on Aircraft Depreciation and Maintenance Capitalization - February 2012 2 NOTICE DISCLAIMER. The information contained in this publication is subject to constant review in the light of changing government requirements and regula-tions. No subscriber or other reader should act on the basis of any such information without referring to applicable laws and regulations and/or without taking appropriate professional advice.

in the USA). In this case a “fresh start” accounting is allowed and re-quired to reset the historic net book value of the assets and liabilities to fair value; in this case, the airline is becoming a new entity for financial reporting purposes. It should be noted this report is for information, the airline needs the

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