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STATEMENT OF CASH FLOWS (Tables)
 12 Months Ended
Dec. 31, 2022
STATEMENT OF CASH FLOWS [Abstract]  
Schedule of proceeds from the issuance of shares
Detail  THUS$ 
Issuance of shares   800,000 
Issuance costs   (80,000)
DIP Junior offset   (170,962)
Total cash flow   549,038 
Schedule of issuance of other equity instruments
   Convertible   Convertible     
Detail  Notes H   Notes I   Total 
  ThUS$   ThUS$   ThUS$ 
Fair Value (see note 24)   1,372,837    4,097,788    5,470,625 
Use for settement of claim   -    (828,581)   (828,581)
Issuance costs   (24,812)   (705,467)   (730,279)
DIP Junior offset   (327,957)   (381,018)   (708,975)
Cash inflow   1,020,068    2,182,722    3,202,790 

 
Schedule of other inflows (outflows) of cash
   For the year ended 
   December 31, 
   2022   2021   2020 
    ThUS$    ThUS$    ThUS$ 
Fuel hedge   35,857    14,269    (46,579)
Hedging margin guarantees   (40,207)   (4,900)   14,962 
Tax paid on bank transactions   (2,134)   (2,530)   (1,261)
Fuel derivatives premiums   (23,372)   (17,077)   (3,949)
Bank commissions, taxes paid and other   (5,441)   (21,287)   (5,828)
Guarantees   (47,384)   (39,728)   (44,280)
Court deposits   (20,661)   (16,323)   38,528 
Delta Air Lines Inc. Compensation   
-
    
-
    62,000 
Funds delivered as restricted advances   (26,918)   
-
    
-
 
Total Other inflows (outflows) Operation flow   (130,260)   (87,576)   13,593 
Tax paid on bank transactions   
-
    (425)   (2,192)
Guarantee deposit received from the sale of aircraft   6,300    18,900    
-
 
Total Other inflows (outflows) Investment flow   6,300    18,475    (2,192)
Settlement of derivative contracts   
-
    
-
    (107,788)
Funds delivered as restricted advances   (313,090)   
-
    
-
 
Payments of claims associated with the debt   (21,924)   
-
    
-
 
RCF guarantee placement   (7,500)   
-
    
-
 
Debt-related legal advice   (87,993)   (11,034)   
-
 
Debt Issuance Cost - Stamp Tax   (33,259)   
-
    
-
 
Total Other inflows (outflows) Financing flow   (463,766)   (11,034)   (107,788)

 
Schedule of liabilities arising from financing activities
      Cash flows   Non cash-Flow Movements     
   As of   Obtainment   Payment   Extinguishment   Interest       As of 
  December 31,
2021		   Capital (*)   Capital (**)   Interests   Transaction
cost		   of debt under
Chapter 11		   accrued and
others		   Reclassifications   December 31,
2022		 
   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$ 
Obligations with financial institutions                                    
Loans to exporters   159,161    -    -    -    -    (161,975)   2,814    -    - 
Bank loans   521,838    982,425    (36,466)   (10,420)   -    (196,619)   128,077    (2,840)   1,385,995 
Guaranteed obligations   510,535    -    (18,136)   (13,253)   (25)   -    13,882    (167,942)   325,061 
Other guaranteed obligations   2,725,422    3,658,690    (5,408,540)   (391,639)   (91,247)   (381,018)   339,475    23,161    474,304 
Obligation with the public   2,253,198    1,109,750    (1,501,739)   (17,499)   -    (843,950)   148,703    141,336    1,289,799 
Financial leases   1,189,182    -    (270,734)   (34,201)   -    (37,630)   37,211    204,411    1,088,239 
Other loans   76,508    1,467,035    (1,523,798)   (5,628)   3,281    (56,176)   40,806    -    2,028 
Lease liability   2,960,638    -    (131,917)   (49,075)   (2)   (995,888)   492,592    (59,893)   2,216,454 
Total Obligations with financial institutions   10,396,482    7,217,900    (8,891,330)   (521,715)   (87,993)   (2,673,256)   1,203,560    138,233    6,781,880 

 

       Cash flows   Non cash-Flow Movements      
   As of   Obtainment   Payment   Interest       As of 
  December 31,
2020		   Capital (*)   Capital (**)   Interests   Transaction
cost		   accrued and
others		   Reclassifications   December 31,
2021		 
   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$ 
Obligations with financial institutions                                
Loans to exporters   151,701    -    -    -          -    7,460    -    159,161 
Bank loans   525,273    -    -    (546)   -    (2,889)   -    521,838 
Guaranteed obligations   1,318,856    -    (14,605)   (17,405)   -    (513,276)(***)   (263,035)   510,535 
Other guaranteed obligations   1,939,116    661,609    (26,991)   (28,510)   -    135,405    44,793    2,725,422 
Obligation with the public   2,183,407    -    -    -    -    69,791    -    2,253,198 
Financial leases   1,614,501    -    (421,452)   (40,392)   -    (181,717)   218,242    1,189,182 
Other loans   -    -    -    -    -    76,508    -    76,508 
Lease liability   3,121,006    -    (103,366)   (17,768)   -    (39,234)   -    2,960,638 
Total Obligations with financial institutions   10,853,860    661,609    (566,414)   (104,621)   -    (447,952)   -    10,396,482 

 

      Cash flows   Non cash-Flow Movements    
   As of   Obtainment   Payment   Interest         As of 
   December 31,
2019		   Capital   Capital   Interests   Transaction
cost		   accrued and
others		     Reclassifications   December 31,
2020		 
   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$     ThUS$   ThUS$ 
Obligations with financial institutions                                  
Loans to exporters   341,475    165,000    (359,000)   (4,140)             -    8,366      -    151,701 
Bank loans   217,255    265,627    (4,870)   (2,397)   -    49,658      -    525,273 
Guaranteed obligations   2,157,327    192,972    (48,576)   (21,163)   -    (823,984 )(***)    (137,720)   1,318,856 
Other guaranteed obligations   580,432    1,361,881    (42,721)   (27,744)   -    67,268      -    1,939,116 
Obligation with the public   2,064,934    -    (774)   (55,613)   -    174,860      -    2,183,407 
Financial leases   1,730,843    -    (236,744)   (52,155)   -    34,837      137,720    1,614,501 
Other loans   101,261    -    (101,026)   (1,151)   -    916      -    - 
Lease liability   3,172,157    -    (122,063)   (46,055)   -    116,967      -    3,121,006 
Total Obligations with financial institutions   10,365,684    1,985,480    (915,774)   (210,418)   -    (371,112 )    -    10,853,860 

 

(*)As of December 31, 2022, the Company obtained ThUS$2,361,875 amounts from long-term loans and ThUS$4,856,025 (ThUS$661,609 in 2021) amounts from short-term loans, totaling ThUS$7,217,900.

 

(**)As of December 31, 2022, loan repayments ThUS$8,759,413 and payments of lease liabilities ThUS$131,917 disclosed in flows from financing activities and as of December 31, 2021, loan repayments ThUS$463,048 and liability payments for leases ThUS$103,366 disclosed in flows from financing activities.

 

(***)As of December 31, 2021, Accrued interest and others, includes ThUS$458,642 (ThUS$ 891,407 as of December 31, 2020), associated with the rejection of fleet contracts.

 
Schedule of obtained (payments) of flows related to financing
   For the exercises of December 31 
   2022   2021 
   Capital   Payments   Capital   Payments 
Flow of  raising   Capital   Interest   raising   Capital   Interest 
   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$ 
Aircraft financing   
-
    (331,292)   (52,088)   
-
    (463,048)   (63,763)
Lease liability   
-
    (131,917)   (49,075)   
-
    (103,366)   (17,768)
Non-aircraft financing   7,217,900    (8,428,121)   (420,553)   661,609    
-
    (23,090)
Total obligations with Financial institutions   7,217,900    (8,891,330)   (521,716)   661,609    (566,414)   (104,621)

 
Schedule of statement of consolidated cash flow
   For the year ended 
   December 31, 
   2022   2021   2020 
   ThUS$   ThUS$   ThUS$ 
Increases (payments)   (23,118)   (9,858)   (31,803)
Recoveries   43,902    -    8,157 
Total cash flows   20,784    (9,858)   (23,646)

 
Schedule of property, plant and equipment and intangibles
   For the period ended 
   At December 31, 
   2022   2021   2020 
   ThUS$   ThUS$   ThUS$ 
Net cash flows from            
Purchases of property, plant and equiment   780,538    597,103    324,264 
Additions associated with maintenance   486,231    302,858    173,740 
Other additions   294,307    294,245    150,524 
Purchases of intangible assets   50,116    88,518    75,433 
Other additions   50,116    88,518    75,433 

 
Schedule of consolidated statement of cash flow
   For the period ended 
   December 31, 
   2022   2021 
   ThUS$   ThUS$ 
Net cash flows from (used in) operating activities   (36,701)   (65,901)
Net cash flows from (used in) investment activities   (146)   17,223 
Net cash flows from (used in) financing activities   7,703    
-
 
Effects of variation in the exchange rate on cash and cash equivalents   29,144    48,678 
Net increase (decrease) in cash and cash equivalents   
-
    
-
 

 
Schedule of payments of loans to related entities
   For the period ended 
   December 31, 
   2022 
   ThUS$ 
Delta Air Lines, Inc.   (78,947)
Qatar Airways   (78,947)
Costa Verde Aeronautica S.A.   (257,533)
Lozuy S.A.   (107,122)
QA Invesments Ltd   (242,967)
QA Invesments 2 Ltd   (242,967)
Payments of loans to related entities   (1,008,483)