ASC 280-908
Airlines
280 Segment Reporting
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ASC 280-908 is the airlines-industry subtopic of the segment reporting topic, but it contains no substantive guidance — its Overview/Background, Scope, and Other Presentation Matters sections are all marked "Section not used." Airlines therefore apply the general segment reporting requirements of ASC 280-10 (operating segments, aggregation criteria, reportable segment thresholds, and entity-wide disclosures) without any airline-specific modification in this subtopic.
Key points (4)
- Every listed section of ASC 280-908 (280-908-05-1, 280-908-15-1, and 280-908-45-1) states 'Section not used,' so the subtopic imposes no incremental requirements.
- Because no airline-specific exception or modification exists here, an airline's segment reporting is governed by the general guidance in ASC 280-10.
- The subtopic's existence reflects the Codification's uniform topic-subtopic-section structure, in which industry subtopics are created even when no specialized content applies.
- Practitioners should not infer any scope exclusion for airlines from the empty sections; airlines remain subject to ASC 280-10's operating segment identification and disclosure model.
For students. Placeholder subtopics like this one are easy to misread: "Section not used" means there is no airline-specific rule, not that airlines are exempt from segment reporting. If a question points you to ASC 280-908, the answer lies in ASC 280-10.
Machine-generated study aid for ASC 280-908. Check the source paragraphs below.
280-908-05Overview and Background
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280-908-15Scope and Scope Exceptions
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280-908-45Other Presentation Matters
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