XML 91 R38.htm IDEA: XBRL DOCUMENT v3.21.1
Significant accounting policies (Tables)
 12 Months Ended
Dec. 31, 2020
Text block [abstract]  
Schedule of Significant Subsidiaries
The following are the significant subsidiaries included in these financial statements:
 
Name
  
Country of

Incorporation
  
Ownership
interest
 
  
2020
 
 
2019
 
Copa Airlines
  
Panama
  
 
99.9
% 
 
 
99.9
% 
Copa Colombia
  
Colombia
  
 
99.9
% 
 
 
99.9
% 
Oval
  
British Virgin Islands
  
 
100
% 
 
 
100
% 
 
Estimated Useful Lives of Assets and Considering Residual Value
Property and equipment
  
Estimate useful life (years)
  
Residual Value
Flight equipment (*)
  
 
  
 
Airframe and engines
  
27
  
15%
Major maintenance events
  
3-16
  
—  
Ramp and miscellaneous
  
 
  
 
Ground equipment
  
10
  
—  
Furniture, fixture, equipment and other
  
5-10
  
—  
Leasehold improvements
  
Lesser of remaining lease term and estimated useful
life of the leasehold improvement
  
—  
 
(*)   Excluding the Embraer 190 and
737-700
fleet, see note 13.