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These excerpts taken from the LUV 10-K filed Feb 2, 2009. Aircraft and engine maintenance The cost of scheduled inspections and repairs and routine maintenance costs for all aircraft and engines are charged to maintenance expense as incurred. Modifications that significantly enhance the operating performance or extend the useful lives of aircraft or engines are capitalized and amortized over the remaining life of the asset. Aircraft and engine maintenance The cost of scheduled inspections and repairs and routine maintenance costs for all aircraft and engines are charged to maintenance expense as incurred. Modifications that significantly enhance the operating performance or extend the useful lives of aircraft or engines are capitalized and amortized over the remaining life of the asset. This excerpt taken from the LUV DEF 14A filed Apr 10, 2008. Aircraft
and Engine Maintenance
The cost of scheduled inspections and repairs and routine
maintenance costs for all aircraft and engines are charged to
maintenance expense as incurred. Modifications that
significantly enhance the operating performance or extend the
useful lives of aircraft or engines are capitalized and
amortized over the remaining life of the asset.
These excerpts taken from the LUV 10-K filed Feb 4, 2008. Aircraft
and Engine Maintenance
The cost of scheduled inspections and repairs and routine
maintenance costs for all aircraft and engines are charged to
maintenance expense as incurred. Modifications that
significantly enhance the operating performance or extend the
useful lives of aircraft or engines are capitalized and
amortized over the remaining life of the asset.
Aircraft and Engine Maintenance The cost of scheduled inspections and repairs and routine maintenance costs for all aircraft and engines are charged to maintenance expense as incurred. Modifications that significantly enhance the operating performance or extend the useful lives of aircraft or engines are capitalized and amortized over the remaining life of the asset. | EXCERPTS ON THIS PAGE:
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