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INTANGIBLE ASSETS OTHER THAN GOODWILL (Tables)
12 Months Ended
Dec. 31, 2024
INTANGIBLE ASSETS OTHER THAN GOODWILL [Abstract]  
Schedule of intangible assets
The details of intangible assets are as follows:
Classes of intangible assets
(net)
Classes of intangible assets
(gross)
As of
December 31, 2024
As of
December 31, 2023
As of
December 31, 2024
As of
December 31, 2023
ThUS$ThUS$ThUS$ThUS$
Airport slots535,531 658,949 535,531 658,949 
Loyalty program171,717 219,636 171,717 219,636 
Computer software171,144 156,337 661,731 597,164 
Developing software119,376 117,010 119,376 117,010 
Other assets2,402 54 3,717 1,369 
Total1,000,170 1,151,986 1,492,072 1,594,128 
Schedule of movement in intangible assets other than goodwill Movement in Intangible assets other than goodwill:
Computer
software and others
Net
Developing
software
Airport
slots
Loyalty
program
Total
ThUS$ThUS$ThUS$ThUS$ThUS$
Opening balance as January 1, 2022136,262 104,874 587,214 190,542 1,018,892 
Additions47 66,820 — — 66,867 
Withdrawals(2,947)(245)— — (3,192)
Transfer software and others61,212 (63,658)— — (2,446)
Foreign exchange3,359 (139)38,154 13,249 54,623 
Amortization(54,358)— — — (54,358)
Closing balance as of December 31, 2022 143,575 107,652 625,368 203,791 1,080,386 
Opening balance as January 1, 2023143,575 107,652 625,368 203,791 1,080,386 
Additions298 78,846 — — 79,144 
Transfer software and others69,210 (69,928)— — (718)
Foreign exchange2,612 440 33,581 15,845 52,478 
Amortization(59,304)— — — (59,304)
Closing balance as of December 31, 2023 156,391 117,010 658,949 219,636 1,151,986 
Opening balance as of January 1, 2024156,391 117,010 658,949 219,636 1,151,986 
Additions221 101,379 22,666 — 124,266 
Withdrawals(2)(393)— — (395)
Transfer software and others96,098 (95,971)— — 127 
Foreign exchange(6,607)(2,649)(146,084)(47,919)(203,259)
Amortization(72,555)— — — (72,555)
Closing balance as of December 31, 2024 173,546 119,376 535,531 171,717 1,000,170 
Schedule of recoverable values
The recoverable values were determined using the following assumptions:
CGU
Air transport
Annual growth rate (Terminal)%
0.0 –4.7
Exchange rateR$/US$
5.4 – 5.7
Discount rate based on the Weighted Average Cost of Capital (WACC)%
8.2 – 10.2
Fuel PriceUS$/barrel
100
Schedule of annual growth rates, discounts, exchange rates and fuel price
The CGU is sensitive to annual growth rates, discounts and exchange rates and fuel price. The sensitivity analysis included the individual impact of changes in critical estimates in determining recoverable amounts, namely:
Increase
WACC
Maximum
Decrease rate
Terminal growth
Minimal
Increase
fuel price
Maximum
US$/barrel
%%
Air Transportation CGU10.2 100