XML 137 R69.htm IDEA: XBRL DOCUMENT v3.22.1
COSTS AND EXPENSES BY NATURE (Tables)
 12 Months Ended
Dec. 31, 2021
Disclosure of expenses by nature [text block] [Abstract]  
Schedule of operating costs and administrative expenses
   For the year ended December 31, 
   2021   2020   2019 
   ThUS$   ThUS$   ThUS$ 
             
Aircraft fuel   1,487,776    1,045,343    2,929,008 
Other rentals and landing fees (*)   755,188    720,005    1,275,859 
Aircraft rentals (**)   120,630    
-
    
-
 
Aircraft maintenance   533,738    472,382    444,611 
Commissions   89,208    91,910    221,884 
Passenger services   77,363    97,688    261,330 
Other operating expenses   959,427    1,221,183    1,291,895 
Total   4,023,330    3,648,511    6,424,587 

 
Schedule of payments for leases of low-value assets
   For the year ended December 31, 
   2021   2020   2019 
   ThUS$   ThUS$   ThUS$ 
             
Payments for leases of low-value assets   19,793    21,178    31,982 
Rent concessions recognized directly in profit or loss   
-
    (110)   
-
 
Total   19,793    21,068    31,982 

 
Schedule of depreciation and amortisation expense
   For the year ended December 31, 
   2021   2020   2019 
   ThUS$   ThUS$   ThUS$ 
             
Depreciation (*)   1,114,232    1,219,586    1,389,465 
Amortization   51,162    169,800    80,511 
Total   1,165,394    1,389,386    1,469,976 

 
Schedule of finance costs
   For the year ended December 31, 
   2021   2020   2019 
   ThUS$   ThUS$   ThUS$ 
             
Bank loan interest    580,193    314,468    325,650 
Financial leases    46,679    45,245    61,980 
Lease liabilities   121,147    170,918    181,814 
Other financial instruments    57,525    56,348    20,490 
Total   805,544    586,979    589,934 

 
Schedule of restructuring activities expenses
   For the year ended 
   December 31, 
   2021   2020   2019 
   ThUS$   ThUS$   ThUS$ 
             
Fair value adjustment of fleet available for sale   73,595    331,522    
            -
 
Rejection of aircraft lease contract   1,564,973    269,467    
-
 
Rejection of IT contracts   26,368    
-
    
-
 
Employee restructuring plan (*)   46,938    290,831    
-
 
Legal advice   91,870    76,541    
-
 
Renegotiation of fleet contracts   516,559    
-
    
-
 
Others   16,879    21,648    
-
 
Total   2,337,182    990,009    
-
 

 
Schedule of other (gains) losses
   For the year ended 
   December 31, 
   2021   2020   2019 
   ThUS$   ThUS$   ThUS$ 
             
Fuel hedging   
-
    82,487    
-
 
Slot Write Off   
-
    36,896    
-
 
Provision for onerous contract related to purchase commitment   (44,000)   44,000    
-
 
Goodwill Impairment   
-
    1,728,975    
-
 
Other   13,326    (17,569)   (11,525)
Total   (30,674)   1,874,789    (11,525)