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> the remaining airplane parts would be counted as assets I'm not in the industry so can't say, but the weight of parts is always a liability as it contributes
by karmakaze 3y ago
> the remaining airplane parts would be counted as assets
I'm not in the industry so can't say, but the weight of parts is always a liability as it contributes to fuel consumption. Parts also require maintenance (but not necessarily by weight).
An operational plane as a whole is certainly an asset. Perhaps this is how we should handle software, the whole is an asset, the quantity of parts that need maintenance are liabilities.
- brlewis 3y agoMost assets have costs associated with their ownership. So one might temporarily think about ownership in terms of liability as a reminder that those costs exist. However, you should then go back to using "asset" and "liability" in a way that people understand. Don't thank your collaborators for adding useful liabilities to your codebase.