{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/360/908/#55-implementation-guidance-and-illustrations","source":"FASB Accounting Standards Codification, Basic View","usage":"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.","topic":"360","topic_title":"Property, Plant, and Equipment","subtopic":"360-908","subtopic_title":"Airlines","section":{"number":"55","label":"55 Implementation Guidance and Illustrations","anchor":"55-implementation-guidance-and-illustrations","is_sec":false,"groups":[{"block":null,"heading":"Implementation Guidance","paragraphs":[{"citation":"360-908-55-1","para":"55-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_1868E125-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Credit received as a purchase incentive from an aircraft manufacturer to induce a purchase of that manufacturer's aircraft </span></span> <span class=\"sfragment\" id=\"sfr_1868E288-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">should be accounted for in accordance with paragraphs <div class=\"xref-range displayInline\"><a href=\"/asc/705/20/#705-20-25-1\" class=\"xref\">705-20-25-1 through 25-5</a></div> for the aircraft </span></span> <span class=\"sfragment\" id=\"sfr_1868E3C6-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\"> or, if the aircraft is leased, as a lease incentive in accordance with Topic <a altsource=\"GUID-EFFBD456-3862-4F38-9F32-420717B43DE5.ditamap\" class=\"ditamap\">842</a>. </span></span> </div> </div>","snippet":"Credit received as a purchase incentive from an aircraft manufacturer to induce a purchase of that manufacturer's aircraft should be accounted for in accordance with paragraphs 705-20-25-1 through 25-5 for the aircraft o…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:01973652cd3e6de9eb1f5b4f81d8f7a6a1f9402f4669f997ee30d81eddd9d7de","downloaded_from":"2026-09-10T00:07:56.986Z","last_downloaded_at":"2026-09-10T00:07:56.986Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477598","source_sha256":"b8359ca4e35081b9fb469c20df0089b3dc280a5086cc58684a864767e0cdd983"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:301599f5e618232097026e05ead07696da5a0201148af4347911389a9f313b57","downloaded_from":"2026-09-10T00:07:56.986Z","last_downloaded_at":"2026-09-10T00:07:56.986Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477598","source_sha256":"b8359ca4e35081b9fb469c20df0089b3dc280a5086cc58684a864767e0cdd983"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:871a8df06fc4a3fb2a7eaa1a048023ddca3e2bcf671817947f5a17a470eaaba8","downloaded_from":"2026-09-10T00:07:56.986Z","last_downloaded_at":"2026-09-10T00:07:56.986Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477598","source_sha256":"b8359ca4e35081b9fb469c20df0089b3dc280a5086cc58684a864767e0cdd983"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:871a8df06fc4a3fb2a7eaa1a048023ddca3e2bcf671817947f5a17a470eaaba8","downloaded_from":"2026-09-10T00:07:56.986Z","last_downloaded_at":"2026-09-10T00:07:56.986Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477598","source_sha256":"b8359ca4e35081b9fb469c20df0089b3dc280a5086cc58684a864767e0cdd983"}}