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STATEMENT OF CASH FLOWS (Tables)
 12 Months Ended
Dec. 31, 2024
Supplemental Cash Flow Statement Information [Abstract]  
Schedule of proceeds from the issuance of shares Proceeds from the issuance of shares:
For the year ended December 31,
Detail202420232022
ThUS$ThUS$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 Amount from the issuance of other equity instruments as of December 31, 2022:
DetailConvertible
Notes H 		Convertible
Notes I 		Total
ThUS$ ThUS$ ThUS$
Fair Value (see note 24)1,372,837 4,097,788 5,470,625 
Use for settlement of claim— (828,581)(828,581)
Issuance costs(24,812)(705,467)(730,279)
DIP Junior offset(327,957)(381,018)(708,975)
Cash inflow1,020,068 2,182,722 3,202,790 
Schedule of other inflows (outflows) of cash Other inflows (outflows) of cash:
For the year ended December 31,
202420232022
ThUS$ ThUS$ ThUS$
Restricted Advances— 20,572 (26,918)
Bank commissions, taxes paid and other(3,355)(2,173)(5,441)
Taxes on financial transactions(10,563)(6,803)(2,134)
Guarantees73,074 4,406 (47,384)
Judicial deposits54,356 (16,349)(20,661)
Fuel derivatives and currency 31,853 30,413 35,857 
Derivative margin guarantees10,902 (2,559)(40,207)
Payment for derivatives premiums(43,902)(47,853)(23,372)
Insurance recovery9,788 — — 
Total Other inflows (outflows) Operation activities122,153 (20,346)(130,260)
Recoveries of credits and Guarantee deposit received from the sale of aircraft34,469 48,258 6,300 
Insurance recovery— 11,000 — 
Total Other inflows (outflows) Investment activities34,469 59,258 6,300 
Interest rate derivatives1,456 15,934 — 
Funds delivered as restricted advances— — (313,090)
Payments of claims associated with the debt— — (21,924)
Debt Issuance Cost - Stamp Tax — — (33,259)
Taxes on financial transactions— (4,529)— 
Others recovery510 — — 
Costs associated with financing(64,146)— — 
Withholding tax(11,689)— — 
Debt-related legal advice— — (87,993)
RFC guarantee placement— — (7,500)
Total Other inflows (outflows) Financing activities(73,869)11,405 (463,766)
Schedule of dividends paid Dividends:
For the year ended
at December 31,
202420232022
ThUS$ThUS$ThUS$
Latam Airlines Group S.A.(174,549)— — 
Transportes Aéreos del Mercosur S.A. (*)(289)— — 
Total dividends paid(174,838)— — 

(*) Dividends paid to minority shareholders
Schedule of liabilities arising from financing activities Reconciliation of liabilities arising from financing activities:
Cash flows Non cash-Flow Movements
As of
December 31, 2023		ObtainmentPayment Interest
accrued and
others		As of
December 31, 2024
Capital (*)Capital (**)Interests Other flow
ThUS$ThUS$ThUS$ ThUS$ ThUS$ThUS$ThUS$
Obligations with financial institutions
Bank loans1,029,434 — (1,089,000)(167,026)— 226,592 — 
Guaranteed obligations303,922 99,000 (28,938)(19,908)— 19,967 374,043 
Other guaranteed obligations430,350 272,112 (330,870)(39,066)— 42,225 374,751 
Obligation with the public1,302,838 1,378,948 (450,000)(156,862)(10,870)175,249 2,239,303 
Financial leases901,546 — (105,734)(46,596)— 50,557 799,773 
Other loans104 — — — — (104)— 
Lease liability2,967,994 — (344,038)(288,176)— 1,026,801 3,362,581 
Total Obligations with financial institutions6,936,188 1,750,060 (2,348,580)(717,634)(10,870)1,541,287 7,150,451 


Cash flowsNon cash-Flow Movements  
As of
December 31, 2022		ObtainmentPaymentExtinguishment
of debt under
Chapter 11		Interest
accrued and
 others 		Reclassifications As of
December 31, 2023
Capital (*)Capital (**)Interests Legal advices related to debt
ThUS$ThUS$ThUS$ ThUS$ ThUS$ThUS$ThUS$ ThUS$ ThUS$
Obligations with financial institutions
Bank loans1,385,995 — (81,952)(153,791)— — 189,272 (310,090)1,029,434 
Guaranteed obligations325,061 — (19,726)(20,309)— — 20,686 (1,790)303,922 
Other guaranteed obligations474,304 — (56,519)(42,283)— — 43,037 11,811 430,350 
Obligation with the public1,289,799 — — (155,655)— — 168,694 — 1,302,838 
Financial leases1,088,239 — (183,374)(48,272)— — 58,076 (13,123)901,546 
Other loans2,028 — (434)— — — (70)(1,420)104 
Lease liability2,216,454 — (225,358)(173,924)— — 1,150,822 — 2,967,994 
Total Obligations with financial institutions6,781,880 — (567,363)(594,234)— — 1,630,517 (314,612)6,936,188 
 Cash flowsExtinguishment of debt under Chapter 11Non cash-Flow Movements
 As of
December 31, 2021		ObtainmentPaymentInterest
accrued and
others (****)		Reclassifications As of
December 31, 2022
 CapitalCapital (**)Interests Transaction
 cost
 ThUS$ThUS$ThUS$ ThUS$ ThUS$ThUS$ThUS$ ThUS$ ThUS$
Obligations with financial institutions
Loans to exporters159,161 — — — — (161,975)2,814 — — 
Bank loans521,838 982,425 (36,466)(10,420)— (196,619)128,077 (2,840)1,385,995 
Guaranteed obligations510,535 — (18,136)(13,253)(25)— 13,882 (167,942)325,061 
Other guaranteed obligations2,725,422 3,658,690 (5,408,540)(391,639)(91,247)(381,018)339,475 23,161 474,304 
Obligation with the public2,253,198 1,109,750 (1,501,739)(17,499)— (843,950)148,703 141,336 1,289,799 
Financial leases1,189,182 — (270,734)(34,201)— (37,630)37,211 204,411 1,088,239 
Other loans76,508 1,467,035 (1,523,798)(5,628)3,281 (56,176)40,806 — 2,028 
Lease liability2,960,638 — (131,917)(49,076)(2)(995,888)492,592 (59,893)2,216,454 
Total Obligations with financial institutions10,396,482 7,217,900 (8,891,330)(521,716)(87,993)(2,673,256)1,203,560 138,233 6,781,880 
(*) During the year 2024 the Company obtained ThUS$1,750,060 amounts from long-term loans. For the year 2023, the Company did not obtain financing. During the year 2022, the Company obtained ThUS$2,361,875 amounts from long-term loans and ThUS$4,856,025 amounts from short-term loans, totaling ThUS$7,217,900.

(**) As of December 31, 2024, under the cash flows from financing activities are presented loan repayments of ThUS$2,004,542 and payments of lease liabilities of ThUS$344,038 (ThUS$342,005 and ThUS$225,358, respectively as of December 31, 2023, ThUS$(8,759,413) and ThUS$(131,917), respectively as of December 31, 2022).
(***) As a result of the exit from Chapter 11, Bank Loans decreased mainly by ThUS$297,161, related to the cancellation of the claim of TAM Linhas Aéreas S.A., which was pending resolution upon exit from the Chapter 11 process and which was compensated during 2023 with a fund delivered to an agent as restricted advances made in November 2022.
Schedule of obtained (payments) of flows related to financing
Below are the details obtained (payments) of flows related to financing:
For the year ended
December 31,
202420232022
Capital
raising		Payments Capital
raising		Payments Capital
raising		Payments
Flow ofCapital Interest Capital Interest CapitalInterest
ThUS$ThUS$ ThUS$ ThUS$ThUS$ ThUS$ ThUS$ThUS$ThUS$
Aircraft financing99,000 (198,774)(69,249)— (251,388)(76,497)— (331,292)(52,088)
Lease liability— (344,038)(288,176)— (225,358)(173,924)— (131,917)(49,076)
Non-aircraft financing1,651,060 (1,805,768)(360,209)— (90,617)(343,813)7,217,900 (8,428,121)(420,553)
Total obligations with Financial institutions1,750,060 (2,348,580)(717,634)— (567,363)(594,234)7,217,900 (8,891,330)(521,717)
Schedule of statement of consolidated cash flow
Corresponds to the cash flows associated with aircraft and engines purchases, which are included in the statement of consolidated cash flows, within Purchases of property, plant and equipment.

For the year ended December 31,
202420232022
ThUS$ ThUS$ ThUS$
Increases (payments)(219,010)(142,782)(23,118)
Recoveries34,379 215,362 3,037 
Total cash flows(184,631)72,580 (20,081)
Schedule of property, plant and equipment and intangibles Additions of property, plant and equipment and Intangibles
For the year ended December 31,
202420232022
ThUS$ThUS$ThUS$
Net cash flows from
Purchases of property, plant and equipment1,325,463 795,787 780,538 
Additions associated with maintenance358,475 337,126 486,231 
Other additions966,988 458,661 294,307 
Purchases of intangible assets94,412 68,052 50,116 
Other additions94,412 68,052 50,116 
Schedule of consolidated statement of cash flow The net effect of the application of hyperinflation in the consolidated cash flow statement corresponds to:
For the year ended December 31,
202420232022
ThUS$ThUS$ ThUS$
Net cash flows from (used in) operating activities6,256 (47,569)(36,701)
Net cash flows from (used in) investment activities819 3,661 (146)
Net cash flows from (used in) financing activities— — 7,703 
Effects of variation in the exchange rate on cash and cash equivalents(7,075)43,908 29,144 
Net increase (decrease) in cash and cash equivalents— — — 
Schedule of payments of loans to related entities Payments of loans to related entities:
For the year ended December 31,
202420232022
ThUS$ ThUS$ ThUS$
Delta Air Lines, Inc.— — (78,947)
Qatar Airways— — (78,947)
Costa Verde Aeronautica S.A.— — (257,533)
Lozuy S.A.— — (107,122)
QA Investments Ltd— — (242,967)
QA Investments 2 Ltd— — (242,967)
Payments of loans to related entities— — (1,008,483)