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GOODWILL
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets of Indefinite Useful Life [Abstract]  
GOODWILL

NOTE 16 - GOODWILL

 

Movement of Goodwill, separated by CGU:

 

   Air   Coalition
and loyalty
program
     
   Transport   Multiplus   Total 
   ThUS$   ThUS$   ThUS$ 
             
Opening balance as of January 1, 2019   1,845,136    448,936    2,294,072 
Increase (decrease) due to exchange rate differences   (67,133)   (17,363)   (84,496)
Transfer from Multiplus S.A. (see nota 1)   431,573    (431,573)   
-
 
                
Closing balance as of December 31, 2019   2,209,576    
-
    2,209,576 
                
Opening balance as of January 1, 2020   2,209,576    
-
    2,209,576 
Increase (decrease) due to exchange rate differences   (480,601)   
-
    (480,601)
Impairment loss   (1,728,975)   
-
    (1,728,975)
                
Closing balance as of December 31, 2020   
-
    
-
    
-
 
Opening balance as of January 1, 2021   
-
    
-
    
-
 
Increase (decrease) due to exchange rate differences        
-
    
-
 
Impairment loss        
-
    
-
 
Closing balance as of December 31, 2021   
-
    
-
    
-
 

 

During fiscal year 2020, the Company recognized an impairment for the total Goodwill.