Basis of preparation and significant accounting policies (Tables)

12 Months Ended

Mar. 31, 2024

Basis of preparation and significant accounting policies

Summary of annual depreciation rates

	Rate of
	Depreciation
Hangar and buildings	3.33 to 5	%
Plant and equipment (excluding aircraft)	20 to 33.3	%
Fixtures and fittings	20	%
Motor vehicles	33.3	%

Schedule of estimates of useful lives and residual values

	Number of Owned Aircraft
Aircraft Type	at March 31, 2024	Useful Life	Residual Value
Boeing 737s *	556	23 years from date of manufacture	15% of market value of new aircraft on delivery, determined periodically

*Including 146 new Boeing 737-8200s