Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION

v3.23.1
SEGMENT INFORMATION
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company conducts business in one segment: aviation services. The aviation services global operations include four regions as follows: Europe, the Americas, Africa and Asia Pacific. The Europe region comprises all of the Company’s operations and affiliates in Europe, including the Dutch Caribbean, the Falkland Islands, the Netherlands, Norway and the U.K. The Americas region comprises all of the Company’s operations and affiliates in North America and South America, including Brazil, Canada, Guyana, Suriname, Trinidad and the U.S. Gulf of Mexico. The Africa region comprises all of the Company’s operations and affiliates on the African continent, including Nigeria. The Asia Pacific region comprises all of the Company’s operations and affiliates in Australia.
The following tables show region information prepared on the same basis as the Company’s condensed consolidated financial statements (in thousands):
Three Months Ended
March 31,
  2023 2022
Region revenues:
Europe $ 173,008  $ 162,561 
Americas 79,184  95,191 
Africa 28,708  16,489 
Asia Pacific 21,122  13,086 
Other —  72 
Total region revenues $ 302,022  $ 287,399 

Three Months Ended
March 31,
  2023 2022
Consolidated operating income (loss):
Europe $ 11,579  $ 14,457 
Americas 9,298  17,787 
Africa 4,522  (8,441)
Asia Pacific 2,868  (7,603)
Other (25,537) (20,031)
Gain (loss) on disposal of assets 3,256  (41)
Total consolidated operating income (loss) $ 5,986  $ (3,872)

March 31,
2023
December 31,
2022
Identifiable assets:
Europe $ 1,188,640  $ 1,012,291 
Americas 479,252  484,410 
Africa 113,688  84,528 
Asia Pacific 32,200  37,459 
Other 84,735  193,313 
Total identifiable assets $ 1,898,515  $ 1,812,001