PROPERTY AND EQUIPMENT (Tables)
|3 Months Ended|
Jun. 30, 2020
|Property, Plant and Equipment [Abstract]|
|Capital Expenditures And Aircraft Sold or Disposed of and Impairments on Assets Held-for-sale||
The following table presents details on the aircraft sold or disposed of and impairments on assets held for sale (in thousands, except for number of aircraft):
Included in gain (loss) on disposal of assets on the condensed consolidated statements of operations. Includes gain (loss), net of sale or disposal of property and equipment (including aircraft) during each period. During the three months ended June 30, 2020 (Successor), one aircraft was sold that was not in assets held for sale resulting in the gain of $5.5 million.
The Company made capital expenditures as follows (in thousands):
Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef