Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION

v3.23.3
SEGMENT INFORMATION
9 Months Ended
Sep. 30, 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 UK The Americas region comprises all of the Company’s operations and affiliates in North America and South America, including Brazil, Canada, 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
September 30,
Nine Months Ended
September 30,
  2023 2022 2023 2022
Region revenues:
Europe $ 184,524  $ 161,129  $ 536,048  $ 486,067 
Americas 99,688  97,317  268,847  287,077 
Africa 29,933  23,008  88,439  63,075 
Asia Pacific 23,945  25,567  66,161  59,829 
Other —  249  —  358 
Total region revenues $ 338,090  $ 307,270  $ 959,495  $ 896,406 
Three Months Ended
September 30,
Nine Months Ended
September 30,
  2023 2022 2023 2022
Consolidated operating income:
Europe $ 16,324  $ 14,393  $ 41,181  $ 49,986 
Americas 21,702  17,284  45,222  44,000 
Africa 6,780  1,273  17,085  (8,089)
Asia Pacific 4,854  (710) 10,704  (8,827)
Other (21,222) (20,924) (74,286) (61,771)
Gains on disposal of assets 1,179  3,368  1,271  1,226 
Total consolidated operating income $ 29,617  $ 14,684  $ 41,177  $ 16,525 

September 30,
2023
December 31,
2022
Identifiable assets:
Europe $ 1,166,676  $ 1,012,291 
Americas 515,367  484,410 
Africa 80,940  84,528 
Asia Pacific 54,414  37,459 
Other 72,296  193,313 
Total identifiable assets $ 1,889,693  $ 1,812,001