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SEGMENTAL INFORMATION (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Disclosure of operating segments [text block] [Abstract] |
Disclosure of major customers [text block] |
For the year ended
|  | Air |
|  | Transportation |
|  | At December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
|  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |
|  |  |  |  | Restated |  |  | Restated |
Income from ordinary activities from external customers (*) |  |  | 10,070,063 |  |  |  | 9,895,456 |  |  |  | 9,613,907 |
Passenger |  |  | 9,005,629 |  |  |  | 8,708,988 |  |  |  | 8,494,477 |
Freight |  |  | 1,064,434 |  |  |  | 1,186,468 |  |  |  | 1,119,430 |
Income from ordinary activities from transactions with other operating segments |  |  | - |  |  |  | - |  |  |  | - |
Other operating income |  |  | 360,864 |  |  |  | 472,758 |  |  |  | 549,889 |
Interest income |  |  | 26,283 |  |  |  | 53,253 |  |  |  | 78,695 |
Interest expense |  |  | (589,934 | ) |  |  | (539,137 | ) |  |  | (579,233 | )
Total net interest expense |  |  | (563,651 | ) |  |  | (485,884 | ) |  |  | (500,538 | )
Depreciation and amortization |  |  | (1,469,976 | ) |  |  | (1,372,628 | ) |  |  | (1,377,135 | )
Material non-cash items other than depreciation and amortization |  |  | (130,011 | ) |  |  | (104,123 | ) |  |  | (105,404 | )
Disposal of fixed assets and inventory losses |  |  | (60,893 | ) |  |  | (46,351 | ) |  |  | (39,238 | )
Doubtful accounts |  |  | (21,558 | ) |  |  | (18,837 | ) |  |  | (18,416 | )
Exchange differences |  |  | (32,571 | ) |  |  | (38,070 | ) |  |  | (48,498 | )
Result of indexation units |  |  | (14,989 | ) |  |  | (865 | ) |  |  | 748 |
Income (loss) attributable to owners of the parents |  |  | 190,430 |  |  |  | 309,811 |  |  |  | 108,896 |
Expenses for income tax |  |  | 53,697 |  |  |  | (73,879 | ) |  |  | (158,998 | )
Segment profit / (loss) |  |  | 195,613 |  |  |  | 341,786 |  |  |  | 154,386 |
Assets of segment |  |  | 21,087,806 |  |  |  | 20,078,722 |  |  |  | 21,673,713 |
Segment liabilities |  |  | 17,958,629 |  |  |  | 16,638,121 |  |  |  | 17,717,420 |
Amount of non-current asset additions |  |  | 2,658,541 |  |  |  | 1,090,177 |  |  |  | 412,846 |
Property, plant and equipment |  |  | 2,519,305 |  |  |  | 995,085 |  |  |  | 325,513 |
Intangibles other than goodwill |  |  | 139,236 |  |  |  | 95,092 |  |  |  | 87,333 |
Purchase of non-monetary assets of segment |  |  | 1,416,794 |  |  |  | 756,913 |  |  |  | 499,872 |
For the year ended |  |  |  |  |  |  |  |  |  |  |  |
|  | Air |  |  | Segment |  |  |  |  |  | Air |
|  | Transportation |  |  | Adjustment |  |  | Eliminations |  |  | Transportation |
|  | At December 31, |  |  | At December 31, |  |  | At December 31, |  |  | At December 31, |
|  | 2018 |  |  | 2018 |  |  | 2018 |  |  | 2018 |
|  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |
|  | Previously reported |  |  |  |  |  |  |  |  | Restated |
Income from ordinary activities from external customers (*) |  |  | 9,887,090 |  |  |  | 60,020 |  |  |  | (51,654 | ) |  |  | 9,895,456 |
Passenger |  |  | 8,700,622 |  |  |  | 60,020 |  |  |  | (51,654 | ) |  |  | 8,708,988 |
Freight |  |  | 1,186,468 |  |  |  | - |  |  |  | - |  |  |  | 1,186,468 |
Other operating income |  |  | 346,315 |  |  |  | 126,443 |  |  |  | - |  |  |  | 472,758 |
Interest income |  |  | 27,181 |  |  |  | 26,072 |  |  |  | - |  |  |  | 53,253 |
Interest expense |  |  | (539,137 | ) |  |  | - |  |  |  | - |  |  |  | (539,137 | )
Total net interest expense |  |  | (511,956 | ) |  |  | 26,072 |  |  |  | - |  |  |  | (485,884 | )
Depreciation and amortization |  |  | (1,365,809 | ) |  |  | (6,819 | ) |  |  | - |  |  |  | (1,372,628 | )
Material non-cash items other than depreciation and amortization |  |  | (104,038 | ) |  |  | (85 | ) |  |  | - |  |  |  | (104,123 | )
Disposal of fixed assets and inventory losses |  |  | (46,351 | ) |  |  | - |  |  |  | - |  |  |  | (46,351 | )
Doubtful accounts |  |  | (18,741 | ) |  |  | (96 | ) |  |  | - |  |  |  | (18,837 | )
Exchange differences |  |  | (38,081 | ) |  |  | 11 |  |  |  | - |  |  |  | (38,070 | )
Result of indexation units |  |  | (865 | ) |  |  | - |  |  |  | - |  |  |  | (865 | )
Income (loss) attributable to owners of the parents |  |  | 200,209 |  |  |  | 109,602 |  |  |  | - |  |  |  | 309,811 |
Expenses for income tax |  |  | 121,155 |  |  |  | (47,276 | ) |  |  | - |  |  |  | 73,879 |
Segment profit / (loss) |  |  | 287,206 |  |  |  | 54,580 |  |  |  | - |  |  |  | 341,786 |
Assets of segment |  |  | 18,943,127 |  |  |  | 1,145,942 |  |  |  | (10,347 | ) |  |  | 20,078,722 |
Segment liabilities |  |  | 16,212,905 |  |  |  | 449,347 |  |  |  | (24,131 | ) |  |  | 16,638,121 |
Amount of non-current asset additions |  |  | 1,090,177 |  |  |  | - |  |  |  | - |  |  |  | 1,090,177 |
Property, plant and equipment |  |  | 995,085 |  |  |  | - |  |  |  | - |  |  |  | 995,085 |
Intangibles other than goodwill |  |  | 95,092 |  |  |  | - |  |  |  | - |  |  |  | 95,092 |
Purchase of non-monetary assets of segment |  |  | 756,913 |  |  |  | - |  |  |  | - |  |  |  | 756,913 |
For the year ended |  |  |  |  |  |  |  |  |  |  |  |
|  | Air |  |  | Segment |  |  |  |  |  | Air |
|  | Transportation |  |  | Adjustment |  |  | Eliminations |  |  | Transportation |
|  | At December 31, |  |  | At December 31, |  |  | At December 31, |  |  | At December 31, |
|  | 2017 |  |  | 2017 |  |  | 2017 |  |  | 2017 |
|  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |
|  | Previously reported |  |  |  |  |  |  |  |  | Restated |
Income from ordinary activities from external customers (*) |  |  | 9,159,031 |  |  |  | 454,876 |  |  |  | - |  |  |  | 9,613,907 |
Passenger |  |  | 8,039,601 |  |  |  | 454,876 |  |  |  | - |  |  |  | 8,494,477 |
Freight |  |  | 1,119,430 |  |  |  | - |  |  |  | - |  |  |  | 1,119,430 |
Income from ordinary activities from transactions with other operating segments |  |  | 454,876 |  |  |  | 67,554 |  |  |  | (522,430 | ) |  |  | - |
Other operating income |  |  | 308,937 |  |  |  | 240,952 |  |  |  | - |  |  |  | 549,889 |
Interest income |  |  | 28,184 |  |  |  | 50,511 |  |  |  | - |  |  |  | 78,695 |
Interest expense |  |  | (579,233 | ) |  |  | - |  |  |  | - |  |  |  | (579,233 | )
Total net interest expense |  |  | (551,049 | ) |  |  | 50,511 |  |  |  | - |  |  |  | (500,538 | )
Depreciation and amortization |  |  | (1,384,344 | ) |  |  | 7,209 |  |  |  | - |  |  |  | (1,377,135 | )
Material non-cash items other than depreciation and amortization |  |  | (105,259 | ) |  |  | (145 | ) |  |  | - |  |  |  | (105,404 | )
Disposal of fixed assets and inventory losses |  |  | (39,238 | ) |  |  | - |  |  |  | - |  |  |  | (39,238 | )
Doubtful accounts |  |  | (18,272 | ) |  |  | (144 | ) |  |  | - |  |  |  | (18,416 | )
Exchange differences |  |  | (48,497 | ) |  |  | (1 | ) |  |  | - |  |  |  | (48,498 | )
Result of indexation units |  |  | 748 |  |  |  | - |  |  |  | - |  |  |  | 748 |
Income (loss) attributable to owners of the parents (**) |  |  | (49,887 | ) |  |  | 158,783 |  |  |  | - |  |  |  | 108,896 |
Expenses for income tax |  |  | (89,870 | ) |  |  | (69,128 | ) |  |  | - |  |  |  | (158,998 | )
Segment profit / (loss) |  |  | (4,397 | ) |  |  | 158,783 |  |  |  | - |  |  |  | 154,386 |
Assets of segment |  |  | 17,430,937 |  |  |  | 1,373,049 |  |  |  | (6,014 | ) |  |  | 18,797,972 |
Segment liabilities |  |  | 14,007,916 |  |  |  | 563,849 |  |  |  | (41,029 | ) |  |  | 14,530,736 |
Amount of non-current asset additions |  |  | 412,846 |  |  |  | - |  |  |  | - |  |  |  | 412,846 |
Property, plant and equipment |  |  | 325,513 |  |  |  | - |  |  |  | - |  |  |  | 325,513 |
Intangibles other than goodwill |  |  | 87,333 |  |  |  | - |  |  |  | - |  |  |  | 87,333 |
Purchase of non-monetary assets of segment |  |  | 490,983 |  |  |  | - |  |  |  | - |  |  |  | 490,983 |
| (*) | The Company does not have any interest income that should be recognized as income from ordinary activities by interest.
| (**) | The result of the Company includes a net result of ThUS$ (8,162) resulting from the application of IAS 21 and IAS 29, for the subsidiaries that are in hyperinflationary economies.
Schedule of income from ordinary activities |
For the year ended |  |  |  |  |  |  |  |  |
|  | Air |
|  | Transportation |
|  | At December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
|  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |
|  |  |  |  | Restated |  |  | Restated |
|  |  |  |  | (2) |  |  | (2) |
Net cash flows from |  |  |  |  |  |  |  |  |
Purchases of property, plant and equipment |  |  | 1,276,621 |  |  |  | 660,707 |  |  |  | 403,666 |
Additions associated with maintenance |  |  | 453,827 |  |  |  | 375,634 |  |  |  | 217,687 |
Other additions |  |  | 822,794 |  |  |  | 285,073 |  |  |  | 185,979 |
Purchases of intangible assets |  |  | 140,173 |  |  |  | 96,206 |  |  |  | 96,206 |
Net cash flows from (used in) operating activities |  |  | 2,826,667 |  |  |  | 2,073,316 |  |  |  | 2,186,823 |
Net cash flow from (used in) investing activities |  |  | (1,419,207 | ) |  |  | (358,368 | ) |  |  | (293,925 | )
Net cash flows from (used in) financing activities |  |  | (1,343,521 | ) |  |  | (1,608,597 | ) |  |  | (1,692,668 | )
For the year ended |  |  |  |  |  |  |  |  |  |  |  |
|  | Air |  |  | Segment |  |  |  |  |  | Air |
|  | Transportation |  |  | adjustment |  |  | Eliminations |  |  | Transportation |
|  | At December 31, |  |  | At December 31, |  |  | At December 31, |  |  | At December 31, |
|  | 2018 |  |  | 2018 |  |  | 2018 |  |  | 2018 |
|  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |
|  | Previously reported |  |  |  |  |  |  |  |  | Restated |
Net cash flows from |  |  |  |  |  |  |  |  |  |  |  |
Purchases of property, plant and equipment |  |  | 660,631 |  |  |  | 76 |  |  |  | - |  |  |  | 660,707 |
Additions associated with maintenance |  |  | 375,634 |  |  |  | - |  |  |  | - |  |  |  | 375,634 |
Other additions |  |  | 284,997 |  |  |  | 76 |  |  |  | - |  |  |  | 285,073 |
Purchases of intangible assets (***) |  |  | 85,628 |  |  |  | 10,578 |  |  |  | - |  |  |  | 96,206 |
Net cash flows from (used in) operating activities |  |  | 1,950,532 |  |  |  | 111,161 |  |  |  | 11,623 |  |  |  | 2,073,316 |
Net cash flow from (used in) investing activities |  |  | (348,346 | ) |  |  | (10,022 | ) |  |  | - |  |  |  | (358,368 | )
Net cash flows from (used in) financing activities |  |  | (1,512,898 | ) |  |  | (95,699 | ) |  |  | - |  |  |  | (1,608,597 | )
For the year ended |  |  |  |  |  |  |  |  |  |  |  |
|  | Air |  |  | Segment |  |  |  |  |  | Air |
|  | Transportation |  |  | adjustment |  |  | Eliminations |  |  | Transportation |
|  | At December 31, |  |  | At December 31, |  |  | At December 31, |  |  | At December 31, |
|  | 2017 |  |  | 2017 |  |  | 2017 |  |  | 2017 |
|  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |
|  | Previously reported |  |  |  |  |  |  |  |  | Restated |
Net cash flows from |  |  |  |  |  |  |  |  |  |  |  |
Purchases of property, plant and equipment |  |  | 403,282 |  |  |  | 384 |  |  |  | - |  |  |  | 403,666 |
Additions associated with maintenance |  |  | 218,537 |  |  |  | - |  |  |  | - |  |  |  | 218,537 |
Other additions |  |  | 184,745 |  |  |  | 384 |  |  |  | - |  |  |  | 185,129 |
Purchases of intangible assets (***) |  |  | 79,102 |  |  |  | 8,216 |  |  |  | - |  |  |  | 87,318 |
Net cash flows from (used in) operating activities |  |  | 1,489,797 |  |  |  | 186,367 |  |  |  | (9,424 | ) |  |  | 1,666,740 |
Net cash flow from (used in) investing activities |  |  | (278,790 | ) |  |  | (8,632 | ) |  |  | - |  |  |  | (287,422 | )
Net cash flows from (used in) financing activities |  |  | (1,010,705 | ) |  |  | (168,383 | ) |  |  | - |  |  |  | (1,179,088 | )
(***) | The Company does not have cash flows from purchases of intangible assets associated with maintenance.
Disclosure of geographical areas [text block] |
|  | For the year ended At December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
|  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |
Peru |  |  | 801,965 |  |  |  | 705,133 |  |  |  | 626,316 |
Argentina |  |  | 584,959 |  |  |  | 989,883 |  |  |  | 1,113,467 |
U.S.A. |  |  | 1,004,238 |  |  |  | 985,919 |  |  |  | 900,413 |
Europe |  |  | 726,165 |  |  |  | 782,197 |  |  |  | 676,282 |
Colombia |  |  | 380,449 |  |  |  | 372,794 |  |  |  | 359,276 |
Brazil |  |  | 3,949,797 |  |  |  | 3,433,877 |  |  |  | 3,436,402 |
Ecuador |  |  | 203,334 |  |  |  | 203,842 |  |  |  | 190,268 |
Chile |  |  | 1,546,960 |  |  |  | 1,591,313 |  |  |  | 1,527,158 |
Asia Pacific and rest of Latin America |  |  | 872,196 |  |  |  | 830,498 |  |  |  | 784,325 |
Income from ordinary activities |  |  | 10,070,063 |  |  |  | 9,895,456 |  |  |  | 9,613,907 |
Other operating income |  |  | 360,864 |  |  |  | 472,758 |  |  |  | 549,889 |

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