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BASIS OF PRESENTATION, CONSOLIDATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Jun. 30, 2014
Operations, Basis Of Presentation And Summary Of Significant Accounting Policies [Abstract]  
Schedule of foreign exchange rates
 
 
 
Three Months Ended 
 June 30,
 
 
 
 
2014
 
2013
 
 
One Brazilian real into U.S. dollars
 
 
 
 
 
 
High
 
0.4572

 
0.5123

 
 
Average
 
0.4493

 
0.4857

 
 
Low
 
0.4391

 
0.4434

 
 
At period-end
 
0.4538

 
0.4492

 
 
 
 
Three Months Ended 
 June 30,
 
 
 
 
2014
 
2013
 
 
One British pound sterling into U.S. dollars
 
 
 
 
 
 
High
 
1.71

 
1.57

 
 
Average
 
1.68

 
1.54

 
 
Low
 
1.66

 
1.50

 
 
At period-end
 
1.71

 
1.52

 
 
One euro into U.S. dollars
 
 
 
 
 
 
High
 
1.39

 
1.34

 
 
Average
 
1.37

 
1.31

 
 
Low
 
1.35

 
1.28

 
 
At period-end
 
1.37

 
1.30

 
 
One Australian dollar into U.S. dollars
 
 
 
 
 
 
High
 
0.94

 
1.07

 
 
Average
 
0.93

 
1.00

 
 
Low
 
0.92

 
0.92

 
 
At period-end
 
0.94

 
0.92

 
 
One Nigerian naira into U.S. dollars
 
 
 
 
 
 
High
 
0.0063

 
0.0065

 
 
Average
 
0.0062

 
0.0064

 
 
Low
 
0.0061

 
0.0062

 
 
At period-end
 
0.0062

 
0.0062

 
Schedule of foreign exchange impact
 
 
 
Three Months Ended 
 June 30, 2014
 
 
Revenue
 
$
10,345

 
 
Operating expense
 
(6,082
)
 
 
Earnings from unconsolidated affiliates, net of losses
 
722

 
 
Non-operating expense
 
949

 
 
Income before provision for income taxes
 
5,934

 
 
Provision for income taxes
 
(1,365
)
 
 
Net income
 
4,569

 
 
Cumulative translation adjustment
 
9,208

 
 
Total stockholders’ investment
 
$
13,777

 
Schedule of capital expenditures
 
 
Three Months Ended 
 June 30,
 
 
2014

2013
 
Number of aircraft delivered:
 
 
 
 
Medium
3

 
3

 
Large
6

 
3

 
Total aircraft
9

 
6

 
Capital expenditures (in thousands):
 
 
 
 
Aircraft and related equipment (1)
$
172,098

 
$
167,227

 
Other
28,349

 
12,305

 
Total capital expenditures
$
200,447

 
$
179,532

Schedule of aircraft sales and impairments
 
 
Three Months Ended 
 June 30,
 
 
2014
 
2013
 
 
(In thousands, except for number of aircraft)
 
 
 
 
 
Number of aircraft sold or disposed of
4

 
4

Proceeds from sale or disposal of assets
$
6,643

 
$
1,893

Gain (loss) from sale or disposal of assets
$
3,189

 
$
(491
)
 
 
 
 
 
Number of aircraft impaired
4

 
2

Impairment charges on aircraft held for sale
$
(2,579
)
 
$
(1,230
)