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SEGMENT INFORMATION

12 Months Ended

Dec. 31, 2022

Disclosure Of Operating Segments Text Block Abstract

NOTE 5 - SEGMENT INFORMATION

As of December 31, 2022, 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,
	2022		2021		2020
		ThUS$		ThUS$		ThUS$
Peru		858,957		503,616		297,549
Argentina		206,856		75,513		172,229
U.S.A.		1,058,107		577,970		505,145
Europe		768,980		376,857		338,565
Colombia		540,231		368,474		177,007
Brazil		3,724,466		1,664,523		1,304,006
Ecuador		248,454		162,959		112,581
Chile		1,514,645		794,122		638,225
Asia Pacific and rest of Latin America		441,825		359,981		378,360
Income from ordinary activities		9,362,521		4,884,015		3,923,667
Other operating income		154,286		227,331		411,002

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.