Air Canada 2009 Annual Report Download - page 104

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2009 Air Canada Annual Report
104
4. INTANGIBLE ASSETS
2009 2008
Indeļ¬ nite life assets
International route rights and slots $ 329 $ 327
Air Canada trade name 298 298
Other marketing based trade names 31 31
658 656
Finite life assets
Star Alliance membership 131 131
Other contract and customer based 144 144
Technology based 254 279
529 554
Accumulated depreciation and amortization
Star Alliance membership (37) (32)
Other contract and customer based (110) (99)
Technology based (124) (82)
(271) (213)
Finite life assets, net 258 341
$ 916 $ 997
The amortization of intangible assets in 2009 amounted to $58 (2008 - $48).
During 2009, the Corporation recorded an impairment charge of $68 related to previously capitalized costs incurred pertaining
to the development of a new reservation system, referred to as POLARIS, which was recorded in Technology based intangible
assets. The Corporation is currently working towards the implementation of certain components of the solution such as web
and fare technology but has suspended activity relating to the implementation of the reservation system.