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TRANSACTIONS WITH RELATED PARTIES
12 Months Ended
Dec. 31, 2019
Disclosure of related party [text block] [Abstract]  
Disclosure of related party [text block]

NOTE 33 - TRANSACTIONS WITH RELATED PARTIES


(a)Details of transactions with related parties as follows:

      Nature of     Nature of     Transaction amount
with related parties
 
      relationship with  Country  related parties     As of December 31, 
Tax No.  Related party  related parties  of origin  transactions  Currency  2019  2018   2017 
                  ThUS$  ThUS$   ThUS$ 
96.810.370-9  Inversiones Costa Verde Ltda. y CPA.  Related director  Chile  Tickets sales  CLP  16   16    18 
65.216.000-K  Comunidad Mujer  Related director  Chile  Tickets sales  CLP  -   -    14 
78.591.370-1  Bethia S.A and subsidiaries  Related director  Chile  Services received of cargo transport  CLP  556   1,778    1,643 
            Services received from National and International Courier  CLP  (3)   (85)   (382)
            Services provided of cargo transport  CLP  -   -    (17)
            Sales commissions  CLP  (218)   (821)   (761)
            Services received advertising  CLP  (726)  (1,025)     
79.773.440-3  Transportes San Felipe S.A  Related director  Chile  Tickets sales  CLP  -   -    1 
87.752.000-5  Granja Marina Tornagaleones S.A.  Common shareholder  Chile  Tickets sales  CLP  61   51    72 
Foreign  Consultoría Administrativa Profesional S.A. de C.V.  Associate  Mexico  Professional counseling services received  MXN  -   -    (2,357)
96.782.530-1  Inmobiliaria Inversiones Asturias S.A.  Related director  Chile  Tickets sales  CLP  -   25    - 
76.335.600-0  Parque de Chile S.A.  Related director  Chile  Tickets sales  CLP  9   20    - 
96.989.370-3  Rio Dulce S.A.  Related director  Chile  Tickets sales  CLP  -   18    - 
Foreign  Inversora Aeronáutica Argentina  Related director  Argentina  Property leases received  ARS$  -   (231)   (251)
Foreign  TAM Aviação Executiva e Taxi Aéreo S/A  Common shareholder  Brazil  Services provided  BRL  58   62    45 
            Services received of cargo transport  BRL  2   8    - 
            Services provided  BRL  (10)  -    - 
            Services received at airports  BRL  -   (2)   (39)
Foreign  Qatar Airways  Indirect shareholder  Qatar  Services provided by aircraft lease  US$  39,528   21,321    31,707 
            Interlineal received service  US$  (2,050)  (6,345)   (2,139)
            Interlineal provided service  US$  3,739   8,635    5,279 
            Services provided of handling  US$  1,106   1,392    1,002 
            Services provided / received others  US$  996   1,805    - 

The balances of Accounts receivable and accounts payable to related parties are disclosed in Note 9.


Transactions between related parties have been carried out under market conditions between interested and duly informed parties.


(b)Compensation of key management

The Company has defined for these purposes that key management personnel are the executives who define the Company’s policies and macro guidelines and who directly affect the results of the business, considering the levels of Vice-Presidents, Chief Executives and Senior Directors.


   For the year ended 
   December 31, 
   2019   2018   2017 
   ThUS$   ThUS$   ThUS$ 
             
Remuneration   13,701    14,841    17,826 
Management fees   411    307    468 
Non-monetary benefits   1,815    748    740 
Short-term benefits   31,124    45,653    36,970 
Long-term benefits   8,577    2,412    - 
Share-based payments   3,296    (7,210)   13,173 
Termination benefits   1,428    1,404    - 
Total   60,352    58,155    69,177