Note 14 - Assets on Lease

12 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Lessor, Operating Leases [Text Block]

14. ASSETS ON LEASE

The Company leases equipment to

third

parties, primarily through Contrail which leases engines to

third

parties under operating lease agreements.

As of

March 31, 2019,

minimum future rentals under non-cancelable operating leases are as follow:

Year ended March 31,
2020	$	3,055,164
2021		710,364
2022		80,264
2023		58,404
2024		4,867
Thereafter		-
Total minimum lease payments	$	3,909,063