# ASC 360-908-45: Property, Plant, and Equipment — Airlines — 45 Other Presentation Matters

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/360/908/#45-other-presentation-matters)

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## ASC 360-908-45: 45 Other Presentation Matters

[Read section](https://asc.understandingaccounting.org/asc/360/908/#45-other-presentation-matters)

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#### Rotable Parts

##### [360-908-45-1](https://asc.understandingaccounting.org/asc/360/908/#360-908-45-1)

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[Rotable parts](https://asc.understandingaccounting.org/glossary/r/#rotable-parts "Rotable parts are normally repaired and reused, as opposed to those parts that are consumed in the operations (expendable parts).") and assemblies of significant value are classified along with flight equipment as fixed assets.

#### Overhaul Costs and Planned Major Maintenance Activities

##### [360-908-45-2](https://asc.understandingaccounting.org/asc/360/908/#360-908-45-2)

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As indicated in paragraph [360-10-45-1](https://asc.understandingaccounting.org/asc/360/10/#360-10-45-1), an entity shall apply the same method of accounting for planned major maintenance activities in annual and interim financial reporting periods.