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Consolidated statement of profit or loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating revenue      
Passenger revenue $ 760,594 $ 2,612,605 $ 2,587,389
Cargo and mail revenue 21,002 62,460 62,483
Other operating revenue 19,407 32,343 27,755
Total operating revenue 801,003 2,707,408 2,677,627
Operating expenses      
Fuel 166,723 696,249 765,781
Wages, salaries, benefits and other employees' expenses 256,327 450,439 443,287
Passenger servicing 27,566 102,103 104,346
Airport facilities and handling charges 59,536 181,959 186,422
Sales and distribution 70,395 210,623 210,158
Maintenance, materials and repairs 76,948 127,562 110,710
Depreciation and amortization 259,336 282,080 276,563
Impairment of non financial assets 243,097 89,344 188,624
Flight operations 30,028 102,806 108,437
Other operating and administrative expenses 71,977 118,090 123,737
Total operating expenses 1,261,933 2,361,255 2,518,065
Operating (loss) profit (460,930) 346,153 159,562
Non-operating (expense) income      
Finance cost (73,045) (57,432) (50,825)
Finance income 19,963 24,405 23,628
Loss on foreign currency fluctuations (8,459) (15,408) (9,398)
Net change in fair value of derivatives (107,139) 0 0
Other non-operating expense (1,169) (4,279) (239)
Total non-operating (expense) income (169,849) (52,714) (36,834)
(Loss) Profit before taxes (630,779) 293,439 122,728
Income tax expense 23,717 (46,437) (34,530)
Net (loss) profit $ (607,062) $ 247,002 $ 88,198
(Loss) Earnings per share      
Basic and diluted $ (14.28) $ 5.81 $ 2.08