Air Canada 2008 Annual Report Download - page 107
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Consolidated Financial Statements and Notes
107
4. INTANGIBLE ASSETS
2008 2007
Indefinite life assets
International route rights and slots $ 327 $ 327
Air Canada trade name 298 298
Other marketing based trade names 31 31
656 656
Finite life assets
Star Alliance membership 131 131
Other contract and customer based 144 144
Technology based 279 186
554 461
Accumulated depreciation and amortization
Star Alliance membership (32) (27)
Other contract and customer based (99) (81)
Technology based (82) (57)
(213) (165)
Finite life assets, net 341 296
$ 997 $ 952
The amortization of intangible assets in 2008 amounted to $48 (2007 - $41).
In 2007, as a result of recognizing the benefit of future income tax assets that existed at fresh start, and for which a
valuation allowance was recorded, intangible assets were reduced on a pro-rata basis by $252.