Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT (Tables)

v3.21.2
PROPERTY AND EQUIPMENT (Tables)
 3 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
Capital Expenditures And Aircraft Sold or Disposed of and Impairments on Assets Held-for-sale
The Company made capital expenditures as follows (in thousands):
Three Months Ended June 30,
  2021 2020
Capital expenditures:
Aircraft and equipment $ 2,250  $ 2,757 
Land and buildings 718  92 
Total capital expenditures $ 2,968  $ 2,849 
The following table presents details on the aircraft sold or disposed of (in thousands, except for number of aircraft):
Three Months Ended June 30,
2021 2020
Number of aircraft sold or disposed of
3  1 
Proceeds from sale or disposal of assets $ 10,621  $ 11,665 
Deposits on assets held for sale
 $ —  $ 20,000 
Gain on disposal of assets $ 499  $ 5,522