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INVENTORIES
12 Months Ended
Dec. 31, 2024
Classes of current inventories [abstract]  
INVENTORIES INVENTORIES
The composition of Inventories is as follows:
 As of
December 31, 2024
As of
December 31, 2023
 ThUS$ThUS$
Technical stock (*)390,259 540,342 
Non-technical stock (**)48,271 52,538 
Total438,530 592,880 

(*) Correspond to spare parts and materials that will be used in both own and third-party maintenance services.

(**) Consumption of on-board services, uniforms and other indirect materials

These are valued at their average acquisition cost net of their obsolescence provision according to the following detail:
 As of
December 31, 2024
As of
December 31, 2023
 ThUS$ThUS$
Provision for obsolescence Technical stock76,167 45,621 
Provision for obsolescence Non-technical stock8,700 5,228 
Total84,867 50,849 

The resulting amounts do not exceed the respective net realization values.
As of December 31, 2024, the Company registered ThUS$281,792 (ThUS$296,423 for the period ended December 31, 2023) in the income statements, mainly related to on-board consumption and maintenance, which is part of the Cost of sales.