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What determines the life of an aircraft when using straight line depreciation?

What determines the life of an aircraft when using straight line depreciation?
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Answer #1

Each aircraft component should be categoried and depreciated separately using its specific useful life ansd residual value. The useful life of a sub component within a larger component should not exceed that of the larger component. Therefore one of the considerations that determine the life is the interrelationship of the components.

Other factors are:

1) Changes in technology

2) Repairs and maintenance policies

3) Economic or market factors

4) Planned fleet replacement

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