Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION

v3.23.2
SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company conducts business in one segment: aviation services. The aviation services global operations include four regions as follows: Europe, the Americas, Africa and Asia Pacific. The Europe region comprises all of the Company’s operations and affiliates in Europe, including the Dutch Caribbean, the Falkland Islands, the Netherlands, Norway and the U.K. The Americas region comprises all of the Company’s operations and affiliates in North America and South America, including Brazil, Canada, Suriname, Trinidad and the U.S. Gulf of Mexico. The Africa region comprises all of the Company’s operations and affiliates on the African continent, including Nigeria. The Asia Pacific region comprises all of the Company’s operations and affiliates in Australia.
The following tables show region information prepared on the same basis as the Company’s condensed consolidated financial statements (in thousands):
Three Months Ended
June 30,		 Six Months Ended
June 30,
  2023 2022 2023 2022
Region revenues:
Europe $ 178,516  $ 162,377  $ 351,524  $ 324,938 
Americas 89,975  94,569  169,159  189,760 
Africa 29,798  23,578  58,506  40,067 
Asia Pacific 21,094  21,176  42,216  34,262 
Other —  37  —  109 
Total region revenues $ 319,383  $ 301,737  $ 621,405  $ 589,136 

Three Months Ended
June 30,		 Six Months Ended
June 30,
  2023 2022 2023 2022
Consolidated operating income:
Europe $ 13,278  $ 21,136  $ 24,857  $ 35,593 
Americas 14,222  8,929  23,520  26,716 
Africa 5,783  (921) 10,305  (9,362)
Asia Pacific 2,982  (514) 5,850  (8,117)
Other (27,527) (20,816) (53,064) (40,847)
Gains (losses) on disposal of assets (3,164) (2,101) 92  (2,142)
Total consolidated operating income $ 5,574  $ 5,713  $ 11,560  $ 1,841 

June 30,
2023		 December 31,
2022
Identifiable assets:
Europe $ 1,140,250  $ 1,012,291 
Americas 521,228  484,410 
Africa 84,442  84,528 
Asia Pacific 36,429  37,459 
Other 113,604  193,313 
Total identifiable assets $ 1,895,953  $ 1,812,001