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Old 2nd Aug 2019, 01:13
  #1145 (permalink)  
Australopithecus
 
Join Date: Dec 2013
Location: Weltschmerz-By-The-Sea, Queensland, Australia
Posts: 1,365
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The difference between the 747 and the 380 is that the 747 has some residual value while the 380 does not, except as parts. Air France has just announced they are quitting the 380 completely by 2022.

Question for accounting experts: How is the balance sheet affected when an asset is worthless yet still has ten years left on the depreciation schedule?
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