Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT (Tables)

v3.21.2
PROPERTY AND EQUIPMENT (Tables)
 6 Months Ended
Sep. 30, 2021
Property, Plant and Equipment [Abstract]  
Capital Expenditures And Aircraft Sold or Disposed of and Impairments on Assets Held-for-sale
The Company made capital expenditures as follows (in thousands):
Three Months Ended September 30, Six Months Ended September 30,
  2021 2020 2021 2020
Number of aircraft delivered(1)
1  —  1  — 
Capital expenditures:
Aircraft and equipment $ 13,710  $ 4,291  $ 15,960  $ 7,048 
Land and buildings 628  232  1,346  324 
Total capital expenditures $ 14,338  $ 4,523  $ 17,306  $ 7,372 
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(1)Previously leased S92 heavy helicopter acquired during the three months ended September 30, 2021 pursuant to a contractual obligation in the lease.
The following table presents details on the aircraft sold or disposed of (in thousands, except for number of aircraft):
Three Months Ended September 30, Six Months Ended September 30,
2021 2020 2021 2020
Number of aircraft sold or disposed of 6  31  9  32 
Proceeds from sale or disposal of assets $ 3,188  $ 40,475  $ 13,809  $ 52,140 
Deposits on assets held for sale $ —  $ 3,437  $ —  $ 3,437 
Gain (loss) on disposal of assets $ 162  $ (8,473) $ 661  $ (2,951)