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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Jul. 31, 2012
Jul. 31, 2011
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2010
Cash provided by (used in): Operating activities:          
Net loss $ (32,237) $ (2,942) $ (95,000) $ (65,269) $ (76,502)
Earnings (loss) from discontinued operations, net of tax 345 (786) (16,107) (3,202) (1,436)
Loss from continuing operations (32,582) (2,156) (78,893) (62,067) (75,066)
Adjustments to reconcile net loss to cash flows provided by (used in) operating activities:          
Amortization 28,310 27,103 112,967 99,625 77,738
Loss (gain) on disposal of assets 1,591 (4,057) (8,169) (7,193) 2,686
Impairment (recovery) of receivables and funded residual value guarantees 715 16 (272) 1,919 13,266
Impairment (recovery) of intangible assets (521) [1] 108 [2] 4,218 20,608 53,903
Impairment of assets held for sale 5,647 7,381 13,469 5,239 26,585
Impairment of assets held for use 660       36,240
Earnings from equity accounted investees (1,012) (596) (2,844) (2,159) (1,436)
Deferred income taxes (5,740) (7,597) 32,172 (37,142) (35,334)
Non-cash stock-based compensation expense 111 312 735 1,655 4,017
Amortization of unfavorable contract credits (2,801) (2,926) (11,548) (22,868) (8,937)
Amortization of lease related fixed interest rate obligations (734) (964) (3,265) (3,920) (7,191)
Amortization of long-term debt and lease deferred financing costs 2,350 2,015 8,813 7,795 7,392
Write-off of unamortized transaction costs on the senior facility agreement       47,140  
Non-cash accrued interest income on funded residual value guarantees (1,780) (1,865) (7,358) (6,923) (5,592)
Mark to market loss on derivative instruments 5,154 691 5,380 9,350 11,478
Non-cash defined benefit pension expense 1,736 4,442 15,573 21,966 22,532
Defined benefit contributions and benefits paid (13,482) (12,104) (44,480) (30,117) (33,896)
Unrealized loss (gain) on foreign currency exchange translation 17,121 (4,027) (1,965) 8,529 9,300
Increase to deferred lease financing costs (1,273) (4,714) (6,981) (2,621) (16,699)
Other 5,193 1,842 10,675 6,168 (3,993)
Decrease in cash resulting from changes in operating assets and liabilities (note 12) (54,580) (66,883) (22,626) (12,694) (2,693)
Cash provided by (used in) operating activities (45,917) (63,979) 15,601 42,290 74,300
Financing activities:          
Redemption of capital stock         (20,000)
Sold interest in accounts receivable, net of collections 8,243 39,552 27,203 (25,309) 43,214
Proceeds from the senior secured notes       1,082,389  
Repayment of the senior credit facility debt       (1,020,550)  
Redemption of senior subordinated notes       (129)  
Settlement of the interest rate swap and other breakage fees       (45,711)  
Long-term debt proceeds 225,153 280,000 867,853 262,800 275,919
Long-term debt repayments (151,953) (273,713) (786,808) (213,920) (276,215)
Senior secured notes, senior credit facility and revolver deferred financing costs     (1,033) (42,721) (182)
Proceeds from the issuance of capital stock     100,000 146  
Cash (used in) provided by financing activities 81,443 45,839 207,215 (3,005) 22,736
Investing activities:          
Property and equipment additions (46,667) (42,787) (376,624) (228,804) (162,737)
Proceeds from disposal of property and equipment 47,225 48,003 218,259 61,768 105,228
Proceeds from the sale of the flight training operations to CAE Inc.       29,779  
Aircraft deposits net of lease inception refunds (30,081) (1,686) (47,307) (28,253) (42,606)
Restricted cash 5,346 (1,567) (13,135) 4,755 (3,861)
Investments in subsidiaries, net of cash acquired         (13,300)
Distributions from equity investments   936 1,134   1,275
Cash provided by (used in) investing activities (24,177) 2,899 (217,673) (160,755) (116,001)
Cash (used in) provided by continuing operations 11,349 (15,241) 5,143 (121,470) (18,965)
Cash flows provided by (used in) discontinued operations:          
Cash flows provided by (used in) operating activities 345 (469) 2,240 (1,032) (1)
Cash flows provided by (used in) financing activities (345) 469 (2,240) 1,032 1
Cash provided by (used in) discontinued operations               
Effect of exchange rate changes on cash and cash equivalents (9,821) (4,199) (18,517) 15,431 853
Change in cash and cash equivalents during the period 1,528 (19,440) (13,374) (106,039) (18,112)
Cash and cash equivalents, beginning of period 55,547 68,921 68,921 174,960 199,267
Less: cash and cash equivalents from deconsolidation of VIEs         (6,195)
Cash and cash equivalents, end of period $ 57,075 $ 49,481 $ 55,547 $ 68,921 $ 174,960
[1] Recovery of intangible assets relates to the Corporate and other segment.
[2] Impairment of intangible assets relates to the Corporate and other segment.