Quarterly report pursuant to Section 13 or 15(d)

DEBT (Tables)

v3.20.4
DEBT (Tables)
 9 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of debt
Debt as of December 31 and March 31, 2020 (Successor) consisted of the following (in thousands):
December 31, 2020 March 31,
2020
PK Air Debt $ 193,516  $ 207,326 
Macquarie Debt 143,771  148,165 
7.750% Senior Notes (1)
126,582  — 
Lombard Debt 146,052  136,180 
Airnorth Debt 6,189  7,618 
Humberside Debt 327  335 
Term Loan —  61,500 
Total debt
 616,437  561,124 
Less short-term borrowings and current maturities of long-term debt
 (48,069) (45,739)
Total long-term debt
 $ 568,368  $ 515,385 
_________________ 
(1)The pre-Merger outstanding principal amount of Era’s 7.750% senior unsecured notes as of March 31, 2020 was $142.0 million net of unamortized discounts and debt issuance costs.