XML 79 R11.htm IDEA: XBRL DOCUMENT

SEGMENTAL INFORMATION

12 Months Ended

Dec. 31, 2021

Disclosure of operating segments [text block] [Abstract]

NOTE 5 - SEGMENTAL INFORMATION

As of December 31, 2021, the Company considers that it has a single operating segment, Air Transport. This segment corresponds to the route network for air transport and is based on the way in which the business is managed, according to the centralized nature of its operations, the ability to open and close routes, as well as reassignment (airplanes, crew, personnel, etc.) within the network, which implies a functional interrelation between all of them, making them inseparable. This segment definition is one of the most common in the worldwide airline industry.

The Company’s revenues by geographic area are as follows:

	For the year ended
	At December 31,
	2021		2020		2019
	ThUS$		ThUS$		ThUS$

Peru		503,616		297,549		801,965
Argentina		75,513		172,229		584,959
U.S.A.		577,970		505,145		1,004,238
Europe		376,857		338,565		726,165
Colombia		368,474		177,007		380,449
Brazil		1,664,523		1,304,006		3,949,797
Ecuador		162,959		112,581		203,334
Chile		794,122		638,225		1,546,960
Asia Pacific and rest of Latin America		359,981		378,360		872,196
Income from ordinary activities		4,884,015		3,923,667		10,070,063
Other operating income		227,331		411,002		360,864

The Company allocates revenues by geographic area based on the point of sale of the passenger ticket or cargo. Assets are composed primarily of aircraft and aeronautical equipment, which are used throughout the different countries, so it is not possible to assign a geographic area.

The Company has no customers that individually represent more than 10% of sales.