# ASC 360-908-15: Property, Plant, and Equipment — Airlines — 15 Scope and Scope Exceptions

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/360/908/#15-scope-and-scope-exceptions)

Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.

Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure.

Source downloaded (UTC): 2026-09-10T00:07:34.695Z to 2026-09-10T00:07:34.695Z

Record version: sha256:2edc252ab13ade058e98396600cb93aab763886a9c56d578b0b615ffa079b107

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 360-908-15: 15 Scope and Scope Exceptions

[Read section](https://asc.understandingaccounting.org/asc/360/908/#15-scope-and-scope-exceptions)

SEC content: no

#### Overall Guidance

##### [360-908-15-1](https://asc.understandingaccounting.org/asc/360/908/#360-908-15-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T00:07:34.695Z to 2026-09-10T00:07:34.695Z

Record version: sha256:e4ef9120ca71a151f4971971f36da5154060d039e03dc55fdadbba9af46e13a8

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


This Subtopic provides guidance relating to certain property, plant, and equipment assets for entities in the airline industry.

#### Transactions

##### [360-908-15-2](https://asc.understandingaccounting.org/asc/360/908/#360-908-15-2)

Pending content: no

Source downloaded (UTC): 2026-09-10T00:07:34.695Z to 2026-09-10T00:07:34.695Z

Record version: sha256:8ba0acf1794c1cd5a766864b1b697953a0dd7621f156f168bad6cfbd602ee779

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


The guidance in this Subtopic does not apply to the following transactions and activities:

1.  a
    
    The cost of routine replacement of minor parts and servicing or inspection of airframes and aircraft engines
    
2.  b
    
    Costs accounted for as restoration of assets, such as extraordinary costs associated with the renewal of major structural parts beyond the scope of normal periodic overhauls
    
3.  c
    
    Other costs with a life span similar to the depreciable service life of the related [airframe](https://asc.understandingaccounting.org/glossary/a/#airframe "The structure of an aircraft, excluding engines and accessories. The principal parts of the airframe of an airplane include the fuselage (the body), wings, empennage (the assembly of stabilizing and control surfaces at the tail), landing gear, and nacelles or pods (engine housings).") or aircraft engine.