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v3.23.2

Basis of preparation and significant accounting policies (Tables) | 12 Months Ended
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Mar. 31, 2023
Basis of preparation and significant accounting policies |
Summary of annual depreciation rates | ​
​ | ​ | ​ | ​
​ |  | Rate of |
​ | ​ | Depreciation | ​
Hangar and buildings | ​ | 3.33 to 5 | %
Plant and equipment (excluding aircraft) | ​ | 20 to 33.3 | %
Fixtures and fittings | ​ | 20 | %
Motor vehicles | ​ | 33.3 | %
Schedule of estimates of useful lives and residual values | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Number of Owned Aircraft |  | ​ |  | ​
Aircraft Type |  | at March 31, 2023 |  | Useful Life |  | Residual Value
Boeing 737s * |  | 507 (a) | ​ | 23 years from date of manufacture |  | 15% of current market value of new aircraft, determined periodically
*Including 98 new Boeing 737-8200s ​
(a) | The Group operated 537 aircraft as of March 31, 20 23, of which 28 were leased Airbus A320 aircraft.

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