SEGMENT INFORMATION

We conduct our business in one segment: industrial aviation services. The industrial aviation services global operations are conducted primarily through two hubs that include four regions as follows: Europe Caspian, Africa, Americas and Asia Pacific. The Europe Caspian region comprises all our operations and affiliates in Europe and Central Asia, including Norway, the U.K. and Turkmenistan. The Africa region comprises all our operations and affiliates on the African continent, including Nigeria and Egypt. The Americas region comprises all our operations and affiliates in North America and South America, including Brazil, Canada, Guyana, Trinidad and the U.S. Gulf of Mexico. The Asia Pacific region comprises all our operations and affiliates in Australia and Southeast Asia. Prior to the sale of BHLL and Aviashelf during the three months ended June 30, 2019, we had operations in Sakhalin, Russia which is included in our Asia Pacific region.

The following tables show region information for the three months ended June 30, 2019 and 2018 and as of June 30 and March 31, 2019, where applicable, reconciled to consolidated totals, and prepared on the same basis as our condensed consolidated financial statements (in thousands):



	Three Months Ended June 30,
	2019			2018
Region revenue from external customers:
Europe Caspian	$	188,594		$	218,500
Africa	49,516			36,416
Americas	56,990			51,367
Asia Pacific	37,811			60,196
Corporate and other	265			189
Total region revenue ⁽¹⁾	$	333,176		$	366,668
Intra-region revenue:
Europe Caspian	$	1,044		$	1,680
Africa	122			—
Americas	1,311			1,637
Asia Pacific	44			—
Corporate and other	—			1
Total intra-region revenue	$	2,521		$	3,318
Consolidated revenue:
Europe Caspian	$	189,638		$	220,180
Africa	49,638			36,416
Americas	58,301			53,004
Asia Pacific	37,855			60,196
Corporate and other	265			190
Intra-region eliminations	(2,521		)	(3,318		)
Total consolidated revenue ⁽¹⁾	$	333,176		$	366,668

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⁽¹⁾

The above table represents disaggregated revenue from contracts with customers except for $8.4 million of revenue included in totals ($0.3 million from Europe Caspian, $8.0 million from Americas and $0.1 million from Asia Pacific) for the three months ended June 30, 2019 and $19.8 million of revenue included in totals ($13.0 million from Europe Caspian, $6.7 million from Americas and $0.1 million from Asia Pacific) for the three months ended June 30, 2018. For further details on revenue recognition, see Note 3.



	Three Months Ended June 30,
	2019			2018
Earnings from unconsolidated affiliates, net of losses – equity method investments:
Europe Caspian	$	171		$	25
Americas	2,176			(1,437		)
Corporate and other	—			(135		)
Total earnings from unconsolidated affiliates, net of losses – equity method investments	$	2,347		$	(1,547	)

Consolidated operating loss:
Europe Caspian	$	11,807		$	21,928
Africa	7,745			1,141
Americas	3,568			(7,343		)
Asia Pacific	(12,434		)	(971		)
Corporate and other	(28,641		)	(16,631		)
Loss on disposal of assets	(3,787		)	(1,678		)
Total consolidated operating loss ⁽¹⁾	$	(21,742	)	$	(3,554	)

Depreciation and amortization:
Europe Caspian	$	12,439		$	12,755
Africa	4,991			3,414
Americas	6,880			6,881
Asia Pacific	3,721			4,355
Corporate and other	3,308			3,536
Total depreciation and amortization	$	31,339		$	30,941



	June 30, 2019		March 31, 2019
Identifiable assets:
Europe Caspian	$	1,131,538	$	1,070,863
Africa	349,541		325,502
Americas	667,639		661,266
Asia Pacific	249,769		255,136
Corporate and other ⁽²⁾	369,468		339,832
Total identifiable assets	$	2,767,955	$	2,652,599



Investments in unconsolidated affiliates – equity method investments:
Europe Caspian	$	360	$	375
Americas	111,195		108,831
Corporate and other	2,653		2,711
Total investments in unconsolidated affiliates – equity method investments	$	114,208	$	111,917

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⁽¹⁾	Results for the three months ended June 30, 2018 were positively impacted by a reduction to rent expense of $3.5 million (included in direct costs) impacting Europe Caspian and Asia Pacific regions by $2.7 million and $0.8 million, respectively, related to OEM cost recoveries for ongoing aircraft issues. For further details, see Note 1.

⁽²⁾

Includes $48.8 million and $51.7 million ofconstruction in progress within property and equipment on our condensed consolidated balance sheets as of June 30 and March 31, 2019, respectively, which primarily represents progress payments on aircraft to be delivered in future periods. As discussed in Note 8, in September 2019, we rejected our aircraft purchase agreement with Airbus Helicopters S.A.S. and wrote-off $30.6 million of construction in progress as of September 30, 2019.