SEGMENT INFORMATION (Tables)

6 Months Ended

Sep. 30, 2015

The following shows region information for the three and six months ended September 30, 2015 and 2014 and as of September 30 and March 31, 2015, where applicable, reconciled to consolidated totals, and prepared on the same basis as our condensed consolidated financial statements (in thousands):



	Three Months Ended September 30,						Six Months Ended September 30,
	2015			2014			2015			2014
Region gross revenue from external clients:
Europe Caspian	$	225,498		$	233,391		$	448,447		$	463,647
Africa	65,299			87,666			144,214			175,136
Americas	71,858			85,466			148,458			171,821
Asia Pacific	78,691			60,875			159,079			120,431
Corporate and other	5,565			8,238			13,709			17,139
Total region gross revenue	$	446,911		$	475,636		$	913,907		$	948,174
Intra-region gross revenue:
Europe Caspian	$	685		$	3,672		$	1,077		$	7,067
Africa	2			—			2			—
Americas	1,720			2,727			5,372			6,241
Asia Pacific	2			—			2			—
Corporate and other	661			743			1,444			1,386
Total intra-region gross revenue	$	3,070		$	7,142		$	7,897		$	14,694
Consolidated gross revenue reconciliation:
Europe Caspian	$	226,183		$	237,063		$	449,524		$	470,714
Africa	65,301			87,666			144,216			175,136
Americas	73,578			88,193			153,830			178,062
Asia Pacific	78,693			60,875			159,081			120,431
Corporate and other	6,226			8,981			15,153			18,525
Intra-region eliminations	(3,070		)	(7,142		)	(7,897		)	(14,694		)
Total consolidated gross revenue	$	446,911		$	475,636		$	913,907		$	948,174

Schedule of earnings from unconsolidated affiliates



	Three Months Ended September 30,				Six Months Ended September 30,
	2015		2014		2015		2014
Earnings from unconsolidated affiliates, net of losses – equity method investments:
Europe Caspian	153		524		252		897
Americas	(15,513	)	(3,428	)	(9,316	)	480
Total earnings from unconsolidated affiliates, net of losses – equity method investments	(15,360	)	(2,904	)	(9,064	)	1,377

Schedule of consolidated operating income loss



	Three Months Ended September 30,						Six Months Ended September 30,
	2015			2014			2015			2014
Consolidated operating income (loss) reconciliation:
Europe Caspian	$	15,060		$	40,627		$	29,257		$	82,822
Africa	7,574			19,667			20,526			37,293
Americas	(9,046		)	13,566			7,486			40,224
Asia Pacific	5,013			2,461			4,325			5,791
Corporate and other	(34,427		)	(32,384		)	(64,891		)	(57,611		)
Gain (loss) on disposal of assets	(14,007		)	127			(21,702		)	737
Total consolidated operating income (loss)	$	(29,833	)	$	44,064		$	(24,999	)	$	109,256

Schedule of depreciation and amortization



	Three Months Ended September 30,				Six Months Ended September 30,
	2015		2014		2015		2014
Depreciation and amortization:
Europe Caspian	$	10,195	$	10,609	$	20,977	$	20,356
Africa	9,809		3,936		15,693		7,899
Americas	10,570		8,953		20,726		16,142
Asia Pacific	4,858		4,640		13,177		8,880
Corporate and other	1,955		67		3,960		262
Total depreciation and amortization ⁽¹⁾	$	37,387	$	28,205	$	74,533	$	53,539

_____________

⁽¹⁾

Includes accelerated depreciation expense of $10.5 million during the three months ended September 30, 2015 related to aircraft where management made the decision to exit certain model types earlier than originally anticipated in our Americas, Africa and Asia Pacific regions of $3.2 million, $6.5 million and $0.8 million, respectively. Includes accelerated depreciation expense of $19.3 million during the six months ended September 30, 2015 related to aircraft where management made the decision to exit certain model types earlier than originally anticipated in our Americas, Africa and Asia Pacific regions of $6.1 million, $8.8 million and $4.4 million, respectively.

Schedule of identifiable assets



	September 30, 2015		March 31, 2015
Identifiable assets:
Europe Caspian	$	1,123,176	$	968,234
Africa	344,405		431,466
Americas	878,553		926,956
Asia Pacific	366,135		366,181
Corporate and other	488,783		537,883
Total identifiable assets ⁽²⁾	$	3,201,052	$	3,230,720

Schedule of equity method investments



	September 30, 2015		March 31, 2015
Investments in unconsolidated affiliates – equity method investments:
Europe Caspian	$	273	$	65
Americas	189,791		210,025
Total investments in unconsolidated affiliates – equity method investments	$	190,064	$	210,090

_____________


⁽²⁾	Includes $262.3 million and $306.0 million ofconstruction in progress within property and equipment on our condensed consolidated balance sheets as of September 30 and March 31, 2015, respectively, which primarily represents progress payments on aircraft to be delivered in future periods.