LEASES (Tables)

3 Months Ended

Jun. 30, 2019

Operating Lease, Lease Income [Table Text Block]

Operating leases as of June 30, 2019 were as follows (in thousands):




Operating lease right-of-use assets	$	187,961

Current portion of operating lease liabilities	$	90,946
Operating lease liabilities	103,567
Total operating lease liabilities	$	194,513


	Three Months Ended June 30, 2019
Cash paid for operating leases	$	36,650
ROU assets obtained in exchange for lease obligations	$	48,068
Weighted average remaining lease term	4 years
Weighted average discount rate	7.14		%

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

The following is a summary of the terms related to aircraft leased under operating leases with original or remaining terms in excess of one year as of June 30, 2019:



	End of Lease Term		Number of Aircraft
	Nine months ending March 31, 2019 to fiscal year 2020		28
	Fiscal year 2021 to fiscal year 2023		24
	Fiscal year 2024 to fiscal year 2025		1
			53

As of June 30, 2019, aggregate future payments under all non-cancelable operating leases that have initial or remaining terms in excess of one year, including leases for 53 aircraft, are as follows (in thousands):



	Aircraft		Other		Total
Fiscal year ending March 31,
2020	$	71,103	$	9,550	$	80,653
2021	39,428		10,622		50,050
2022	26,713		9,601		36,314
2023	7,479		8,586		16,065
2024	205		8,345		8,550
Thereafter	—		27,748		27,748
	$	144,928	$	74,452	$	219,380