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SEGMENT INFORMATION
12 Months Ended
Dec. 31, 2024
Disclosure of operating segments [abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
As of December 31, 2024, 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 December 31,
202420232022
ThUS$ThUS$ ThUS$
Peru1,127,532 988,908 858,957 
Argentina239,369 244,413 206,856 
U.S.A.1,324,008 1,044,822 1,058,107 
Europe957,042 800,897 768,980 
Colombia669,206 662,263 540,231 
Brazil5,512,471 5,006,377 3,724,466 
Ecuador364,960 332,801 248,454 
Chile1,927,847 1,898,150 1,514,645 
Asia Pacific and rest of Latin America710,608 661,910 441,825 
Income from ordinary activities12,833,043 11,640,541 9,362,521 
Other operating income200,669 148,641 154,286 

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.