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. Prior to the sale of Bristow Academy on November 1, 2017, we operated a training unit, Bristow Academy, which was previously included in Corporate and other.

The following tables show region information for the three months ended June 30, 2018 and 2017 and as of June 30 and March 31, 2018, where applicable, reconciled to consolidated totals, and prepared on the same basis as our condensed consolidated financial statements (in thousands):



	Three Months Ended June 30,
	2018			2017
Region revenue from external customers:
Europe Caspian	$	218,500		$	191,399
Africa	36,416			50,790
Americas	52,593			55,762
Asia Pacific	60,196			52,446
Corporate and other	189			1,712
Total region revenue ⁽¹⁾	$	367,894		$	352,109
Intra-region revenue:
Europe Caspian	$	1,680		$	1,036
Africa	—			—
Americas	1,637			2,294
Asia Pacific	—			—
Corporate and other	1			22
Total intra-region revenue	$	3,318		$	3,352
Consolidated revenue:
Europe Caspian	$	220,180		$	192,435
Africa	36,416			50,790
Americas	54,230			58,056
Asia Pacific	60,196			52,446
Corporate and other	190			1,734
Intra-region eliminations	(3,318		)	(3,352		)
Total consolidated revenue ⁽¹⁾	$	367,894		$	352,109

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⁽¹⁾	The above table represents disaggregated revenue from contracts with customers except for $19.8 million of revenue included in totals ($13.0 million from Europe Caspian, $6.7 million from Americas and $0.1 million from Asia Pacific) for the three months ended June 30, 2018.



	Three Months Ended June 30,
	2018			2017
Earnings from unconsolidated affiliates, net of losses – equity method investments:
Europe Caspian	$	25		$	30
Americas	(2,907		)	(535		)
Corporate and other	(135		)	(160		)
Total earnings from unconsolidated affiliates, net of losses – equity method investments	$	(3,017	)	$	(665	)

Consolidated operating loss:
Europe Caspian	$	21,928		$	4,371
Africa	1,141			10,048
Americas	(7,587		)	(1,256		)
Asia Pacific	(971		)	(12,530		)
Corporate and other	(16,631		)	(25,950		)
Gain (loss) on disposal of assets	(1,678		)	699
Total consolidated operating loss ⁽¹⁾	$	(3,798	)	$	(24,618	)

Depreciation and amortization:
Europe Caspian	$	12,755		$	11,822
Africa	3,414			3,076
Americas	6,881			6,999
Asia Pacific	4,355			5,810
Corporate and other	3,536			3,349
Total depreciation and amortization	$	30,941		$	31,056



	June 30, 2018		March 31, 2018
Identifiable assets:
Europe Caspian	$	1,023,734	$	1,087,437
Africa	393,887		374,121
Americas	747,800		788,879
Asia Pacific	338,347		342,166
Corporate and other ⁽²⁾	544,030		572,399
Total identifiable assets	$	3,047,798	$	3,165,002



Investments in unconsolidated affiliates – equity method investments:
Europe Caspian	$	250	$	270
Americas	105,054		116,276
Corporate and other	3,019		3,338
Total investments in unconsolidated affiliates – equity method investments	$	108,323	$	119,884

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⁽¹⁾	Results for the three months ended June 30, 2018, were positively impacted by a reduction to rent expense of $3.5 million (included in direct costs) impacting Europe Caspian and Asia Pacific regions by $2.7 million and $0.8 million, respectively, related to OEM cost recoveries for ongoing aircraft issues. For further details, see Note 1.


⁽²⁾	Includes $73.1 million and $67.7 million ofconstruction in progress within property and equipment on our condensed consolidated balance sheets as of June 30 and March 31, 2018, respectively, which primarily represents progress payments on aircraft to be delivered in future periods.