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LEASES (Tables) | 3 Months Ended
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Jun. 30, 2020
Leases [Abstract] |
Lessee, Operating Lease, Liability, Maturity | The following is a summary of the terms related to aircraft leased under operating leases with original or remaining terms in excess of one year as of June 30, 2020 (Successor):
End of Lease Term |  | Number of Aircraft
Nine months ending March 31, 2021 to fiscal year 2022 |  | 16 |
Fiscal year 2023 to fiscal year 2024 |  | 19 |
Fiscal year 2025 to fiscal year 2026 |  | 10 |
|  | 45 |
As of June 30, 2020 (Successor), aggregate future payments under all non-cancelable operating leases that have initial or remaining terms in excess of one year, including leases for 45 aircraft, are as follows (in thousands):
| Aircraft |  | Other |  | Total
Fiscal year ending March 31, |  |  |  |  |
2021 | $ | 66,042 |  |  | $ | 8,143 |  |  | $ | 74,185 |
2022 | 77,249 |  |  | 8,476 |  |  | 85,725 |
2023 | 58,595 |  |  | 8,156 |  |  | 66,751 |
2024 | 46,005 |  |  | 7,711 |  |  | 53,716 |
2025 | 28,370 |  |  | 5,968 |  |  | 34,338 |
Thereafter | 2,169 |  |  | 25,165 |  |  | 27,334 |
| $ | 278,430 |  |  | $ | 63,619 |  |  | $ | 342,049 |
Assets and Liabilities, Lessee | Operating leases as of June 30 and March 31, 2020 (Successor) were as follow (in thousands, except years and percentages):
|  | June 30, 2020 |  | March 31, 2020
Operating lease right-of-use assets |  | $ | 297,072 |  |  | $ | 305,962 |
Current portion of operating lease liabilities |  | 81,953 |  |  | 81,484 |
Operating lease liabilities |  | 214,125 |  |  | 224,595 |
Total operating lease liabilities |  | $ | 296,078 |  |  | $ | 306,079 |
Weighted average remaining lease term |  | 5 years |  |  | 4 years |
Weighted average discount rate |  | 6.26 | % |  | 6.27 | %
|  | Successor |  | Predecessor
|  | Three Months Ended June 30, 2020 |  | Three Months Ended June 30, 2019
Cash paid for operating leases |  | $ | 27,808 |  |  | $ | 36,650 |
ROU assets obtained in exchange for lease obligations |  | $ | 4,217 |  |  | $ | 48,068 |
Rent Expense | Rent expense incurred is as follows (in thousands):
| Successor |  | Predecessor
| Three Months Ended June 30, 2020 |  | Three Months Ended June 30, 2019
Rent expense under all operating leases | $ | 30,906 |  |  | $ | 52,189 |
Rent expense under operating leases for aircraft | $ | 26,012 |  |  | $ | 46,447 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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- Definition Assets and Liabilities, Lessee [Table Text Block] + References No definition available. + Details
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