XML 85 R70.htm IDEA: XBRL DOCUMENT v3.20.4
COSTS AND EXPENSES BY NATURE (Tables)
 12 Months Ended
Dec. 31, 2020
Disclosure of expenses by nature [text block] [Abstract]  
Schedule of operating costs and administrative expenses
   For the year ended
December 31,		 
   2020   2019   2018 
   ThUS$   ThUS$   ThUS$ 
             
Aircraft fuel   1,045,343    2,929,008    2,983,028 
Other rentals and landing fees (*)   720,005    1,275,859    1,206,881 
Aircraft maintenance   472,382    444,611    366,627 
Comisions   91,910    221,884    222,506 
Passenger services   97,688    261,330    280,279 
Other operating expenses   1,221,183    1,291,895    1,229,311 
Total   3,648,511    6,424,587    6,288,632 
Schedule of payments for leases of low-value assets
   For the period ended
December 31,		 
   2020   2019   2018 
   ThUS$   ThUS$   ThUS$ 
Payments for leases of low-value assets   21,178    31,982    27,929 
Rent concessions recognized directly in profit or loss   (110)   -    - 
Total   21,068    31,982    27,929 
Schedule of depreciation and amortisation expense
   For the year ended
December 31,		 
   2020   2019   2018 
   ThUS$   ThUS$   ThUS$ 
Depreciation (*)  1,219,586   1,389,465   1,307,032 
Amortization   169,800    80,511    65,596 
Total   1,389,386    1,469,976    1,372,628 
Schedule of finance costs
   For the year ended
December 31,		 
   2020   2019   2018 
   ThUS$   ThUS$   ThUS$ 
Bank loan interest  314,468   325,650   283,786 
Financial leases   45,245    61,980    62,202 
Lease liabilities   170,918    181,814    182,868 
Other financial instruments   56,348    20,490    10,281 
Total   586,979    589,934    539,137 
Schedule of restructuring activities expenses
   For the year ended
December 31,		 
   2020   2019   2018 
   ThUS$   ThUS$   ThUS$ 
Fair value adjustment of fleet available for sale   331,522          -          - 
Rejection of aircraft lease contract   269,467    -    - 
Employee restructuring plan (*)   290,831    -    - 
Legal and financial advice   76,541    -    - 
Others   21,648    -    - 
Total   990,009    -    - 
Schedule of other (gains) losses
   For the year ended
December 31,		 
   2020   2019   2018 
   ThUS$   ThUS$   ThUS$ 
Fuel hedging   82,487    -    - 
Slot Write Off   36,896    -    - 
Provision for onerous contract related to purchase commitment   44,000    -    - 
Goodwill Impairment   1,728,975    -    - 
Other   (17,569)   (11,525)   53,499 
Total   1,874,789    (11,525)   53,499