SEGMENT INFORMATION

We conduct our business in one segment: industrial aviation services. The industrial aviation services global operations are conducted primarily through two hubs that include four regions as follows: Europe Caspian, Africa, Americas and Asia Pacific. The Europe Caspian region comprises all our operations and affiliates in Europe and Central Asia, including Norway, the U.K. and Turkmenistan. The Africa region comprises all our operations and affiliates on the African continent, including Nigeria and Egypt. The Americas region comprises all our operations and affiliates in North America and South America, including Brazil, Canada, Guyana, Trinidad and the U.S. Gulf of Mexico. The Asia Pacific region comprises all our operations and affiliates in Australia and Southeast Asia, including Malaysia and Sakhalin. Additionally, as of September 30, 2017, we operated a training unit, Bristow Academy, which is included in Corporate and other.

The following tables show region information for the three and six months ended September 30, 2017 and 2016 and as of September 30 and March 31, 2017, where applicable, reconciled to consolidated totals, and prepared on the same basis as our condensed consolidated financial statements (in thousands):



	Three Months Ended September 30,						Six Months Ended September 30,
	2017			2016			2017			2016
Region gross revenue from external clients:
Europe Caspian	$	203,923		$	191,834		$	395,322		$	386,658
Africa	49,787			51,644			100,577			105,906
Americas	59,201			56,092			114,963			114,289
Asia Pacific	59,284			55,255			111,730			114,399
Corporate and other	1,481			2,642			3,193			5,613
Total region gross revenue	$	373,676		$	357,467		$	725,785		$	726,865
Intra-region gross revenue:
Europe Caspian	$	1,483		$	1,891		$	2,519		$	4,030
Africa	—			—			—			—
Americas	1,950			1,115			4,244			1,962
Asia Pacific	—			1			—			1
Corporate and other	—			34			22			279
Total intra-region gross revenue	$	3,433		$	3,041		$	6,785		$	6,272
Consolidated gross revenue:
Europe Caspian	$	205,406		$	193,725		$	397,841		$	390,688
Africa	49,787			51,644			100,577			105,906
Americas	61,151			57,207			119,207			116,251
Asia Pacific	59,284			55,256			111,730			114,400
Corporate and other	1,481			2,676			3,215			5,892
Intra-region eliminations	(3,433		)	(3,041		)	(6,785		)	(6,272		)
Total consolidated gross revenue	$	373,676		$	357,467		$	725,785		$	726,865



	Three Months Ended September 30,						Six Months Ended September 30,
	2017			2016			2017			2016
Earnings from unconsolidated affiliates, net of losses – equity method investments:
Europe Caspian	$	61		$	65		$	91		$	116
Americas	2,150			260			1,615			4,123
Corporate and other	(148		)	(187		)	(308		)	(271		)
Total earnings from unconsolidated affiliates, net of losses – equity method investments	$	2,063		$	138		$	1,398		$	3,968

Consolidated operating loss:
Europe Caspian	$	9,891		$	5,741		$	14,298		$	18,771
Africa	7,835			7,942			17,883			9,513
Americas	7,483			2,643			6,227			3,564
Asia Pacific	(5,903		)	(9,575		)	(18,433		)	(15,468		)
Corporate and other	(23,697		)	(31,447		)	(49,654		)	(57,294		)
Loss on disposal of assets	(8,526		)	(2,186		)	(7,827		)	(12,203		)
Total consolidated operating loss	$	(12,917	)	$	(26,882	)	$	(37,506	)	$	(53,117	)

Depreciation and amortization:
Europe Caspian	$	12,196		$	11,220		$	24,018		$	22,409
Africa	3,590			3,220			6,666			8,673
Americas	6,998			7,228			13,997			18,609
Asia Pacific	5,058			4,377			10,868			8,613
Corporate and other	3,539			2,547			6,888			4,982
Total depreciation and amortization ⁽¹⁾	$	31,381		$	28,592		$	62,437		$	63,286



	September 30, 2017		March 31, 2017
Identifiable assets:
Europe Caspian	$	1,060,635	$	1,091,536
Africa	431,588		325,719
Americas	869,584		809,071
Asia Pacific	360,157		433,614
Corporate and other ⁽²⁾	366,559		453,907
Total identifiable assets	$	3,088,523	$	3,113,847



Investments in unconsolidated affiliates – equity method investments:
Europe Caspian	$	309	$	257
Americas	201,737		200,362
Corporate and other	3,167		3,257
Total investments in unconsolidated affiliates – equity method investments	$	205,213	$	203,876

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⁽¹⁾

Includes accelerated depreciation expense of $1.3 million during the three months ended September 30, 2016 related to aircraft where management made the decision to exit these model types earlier than originally anticipated in our Europe Caspian and Africa regions of $0.2 million and $1.1 million, respectively. Includes accelerated depreciation expense of $8.2 million during the six months ended September 30, 2016 related to aircraft where management made the decision to exit these model types earlier than originally anticipated in our Europe Caspian, Americas and Africa regions of $0.4 million, $3.9 million and $3.9 million, respectively. For further details, see Note 1.


⁽²⁾	Includes $68.4 million and $199.3 million ofconstruction in progress within property and equipment on our condensed consolidated balance sheets as of September 30 and March 31, 2017, respectively, which primarily represents progress payments on aircraft to be delivered in future periods.