XML 48 R35.htm IDEA: XBRL DOCUMENT v2.4.0.8
COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]  
Aircraft Purchase Contracts Table
 
Fiscal Year Ending March 31,
 
 
 
2015
 
2016
 
2017
 
2018 and
beyond
 
Total
Commitments as of March 31, 2014: (1)
 
 
 
 
 
 
 
 
 
Number of aircraft:
 
 
 
 
 
 
 
 
 
Medium
10

 

 

 

 
10

Large (2)
13

 
6

 
3

 

 
22

SAR configured
5

 
6

 

 

 
11

 
28

 
12

 
3

 

 
43

Related expenditures (in thousands)(3)
 
 
 
 
 
 
 
 
 
Medium and large
$
373,755

 
$
89,741

 
$
37,587

 
$

 
$
501,083

SAR configured
106,704

 
99,690

 

 

 
206,394

 
$
480,459

 
$
189,431

 
$
37,587

 
$

 
$
707,477

Options as of March 31, 2014: (2)
 
 
 
 
 
 
 
 
 
Number of aircraft:
 
 
 
 
 
 
 
 
 
Medium

 
7

 
7

 
7

 
21

Large (2)

 
8

 
14

 
12

 
34

 

 
15

 
21

 
19

 
55

 
 
 
 
 
 
 
 
 
 
Related expenditures (in thousands)(3)
$
88,831

 
$
350,145

 
$
422,100

 
$
263,043

 
$
1,124,119

Rollforward schedule of aircraft purchase orders and options
 
Fiscal Year Ended March 31,
 
2014
 
2013
 
2012
 
Orders
 
Options
 
Orders
 
Options
 
Orders
 
Options
Beginning of fiscal year
45

 
70

 
15

 
40

 
6

 
31

Aircraft delivered
(21
)
 

 
(8
)
 

 
(9
)
 

Aircraft ordered
18

 

 
26

 

 
13

 

New options

 

 

 
42

 

 
31

Exercised options
8

 
(8
)
 
12

 
(12
)
 
7

 
(7
)
Expired options

 
(7
)
 

 

 

 
(15
)
Orders assigned subject to leaseback (1)
(7
)
 

 

 

 
(2
)
 

End of fiscal year
43

 
55

 
45

 
70

 
15

 
40

Schedule of future minimum payments for operating leases
 
Aircraft
 
Other
 
Total
Fiscal year ending March 31,
 
 
 
 
 
2015
$
94,796

 
$
9,482

 
$
104,278

2016
87,937

 
7,711

 
95,648

2017
83,372

 
6,675

 
90,047

2018
66,071

 
5,596

 
71,667

2019
44,149

 
5,343

 
49,492

Thereafter
44,376

 
39,899

 
84,275

 
$
420,701

 
$
74,706

 
$
495,407

Aircraft Lease Table
:
End of Lease Term
Number
of Aircraft
 
Monthly Lease Payment
(in thousands)
Fiscal year 2015 to fiscal year 2016
9

 
$
1,023

Fiscal year 2017 to fiscal year 2019
26

 
4,264

Fiscal year 2020 to fiscal year 2024
26

 
2,751

 
61

 
$
8,038