Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION

v3.24.3
SEGMENT INFORMATION
9 Months Ended
Sep. 30, 2024
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 United Kingdom (“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,
  2024 2023 2024 2023
Region revenues:
Europe $ 191,346  $ 184,524  $ 562,222  $ 536,048 
Americas 100,150  99,688  302,768  268,847 
Africa 45,716  29,933  125,178  88,439 
Asia Pacific 27,910  23,945  71,797  66,161 
Total region revenues $ 365,122  $ 338,090  $ 1,061,965  $ 959,495 
Three Months Ended
September 30,
Nine Months Ended
September 30,
  2024 2023 2024 2023
Consolidated operating income:
Europe $ 10,543  $ 16,324  $ 43,713  $ 41,181 
Americas 19,301  21,702  64,323  45,222 
Africa 18,677  6,780  45,480  17,085 
Asia Pacific 4,387  4,854  6,014  10,704 
Other (19,069) (21,222) (57,763) (74,286)
Gains (losses) on disposal of assets (626) 1,179  (963) 1,271 
Total consolidated operating income $ 33,213  $ 29,617  $ 100,804  $ 41,177