# ASC 360-908-55: Property, Plant, and Equipment — Airlines — 55 Implementation Guidance and Illustrations

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/360/908/#55-implementation-guidance-and-illustrations)

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): 2026-09-10T00:07:56.986Z to 2026-09-10T00:07:56.986Z

Record version: sha256:871a8df06fc4a3fb2a7eaa1a048023ddca3e2bcf671817947f5a17a470eaaba8

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 360-908-55: 55 Implementation Guidance and Illustrations

[Read section](https://asc.understandingaccounting.org/asc/360/908/#55-implementation-guidance-and-illustrations)

SEC content: no

#### Implementation Guidance

##### [360-908-55-1](https://asc.understandingaccounting.org/asc/360/908/#360-908-55-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T00:07:56.986Z to 2026-09-10T00:07:56.986Z

Record version: sha256:01973652cd3e6de9eb1f5b4f81d8f7a6a1f9402f4669f997ee30d81eddd9d7de

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


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](https://asc.understandingaccounting.org/asc/705/20/#705-20-25-1)

for the aircraft or, if the aircraft is leased, as a lease incentive in accordance with Topic 842.