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Basis of preparation and material accounting policies (Tables)

12 Months Ended

Mar. 31, 2025

Basis of preparation and material 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, 2025		Useful Life		Residual Value
Boeing 737s *		586	​	23 years from date of manufacture		15% of market value of new aircraft on delivery, determined periodically

*Including 176 new Boeing 737-8200s

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