XML 196 R43.htm IDEA: XBRL DOCUMENT
v3.25.4

Revenue from contract with customers (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Disclosure of disaggregation of revenue from contracts with customers [abstract] |
Summary of Disaggregated Operating Revenues | The following table shows disaggregated operating revenues for the years ended as December 31, 2025, 2024, and 2023.
| 2025 |  | 2024 |  | 2023
Passenger revenue |  |  |  |  |
Passenger revenue | $ | 3,363,175 |  |  | $ | 3,220,718 |  |  | $ | 3,263,764 |
Miles redeemed | 68,078 |  |  | 72,643 |  |  | 52,597 |
| 3,431,253 |  |  | 3,293,361 |  |  | 3,316,361 |
Cargo and mail revenue | 115,718 |  |  | 100,507 |  |  | 97,105 |
Total passenger and cargo and mail revenue | 3,546,971 |  |  | 3,393,868 |  |  | 3,413,466 |
Other operating revenue |  |  |  |  |
Frequent flyer program - marketing services | 66,749 |  |  | 47,844 |  |  | 37,930 |
Other operating revenue | 4,102 |  |  | 4,486 |  |  | 5,608 |
| 70,851 |  |  | 52,330 |  |  | 43,538 |
| $ | 3,617,822 |  |  | $ | 3,446,198 |  |  | $ | 3,457,004 |
Summary of Changes in Contract Liabilities | The table below presents the changes in air traffic liability:
| 2025 |  | 2024
Balance at beginning of year | $ | 621,895 |  |  | $ | 611,856 |
Sales | 4,121,670 |  |  | 3,843,468 |
Revenue recognition | (3,240,883) |  |  | (3,083,778) |
Tax recognition | (638,415) |  |  | (587,551) |
Reimbursements | (97,307) |  |  | (119,844) |
Interline tickets | (25,012) |  |  | (35,485) |
Other | (4,332) |  |  | (6,771) |
Balance at end of year | $ | 737,616 |  |  | $ | 621,895 |
The table below presents the activity of the current and non-current frequent flyer liability:
| 2025 |  | 2024
Balance at beginning of year | $ | 132,065 |  |  | $ | 124,816 |
Deferred of revenue | 91,598 |  |  | 79,892 |
Recognition of revenue | (68,078) |  |  | (72,643) |
Balance at end of year | $ | 155,585 |  |  | $ | 132,065 |
Current | $ | 74,216 |  |  | $ | 59,449 |
Non-current | 81,369 |  |  | 72,616 |
| $ | 155,585 |  |  | $ | 132,065 |
Summary of Operating Revenue by Principal Geographic Area | Information concerning operating revenue by geographic area for the period ended December 31 is as follows:
| 2025 |  | 2024 |  | 2023
North America | $ | 1,521,617 |  |  | $ | 1,375,018 |  |  | $ | 1,328,504 |
South America | 1,279,177 |  |  | 1,219,893 |  |  | 1,233,362 |
Central America | 696,032 |  |  | 747,871 |  |  | 796,679 |
Caribbean | 50,145 |  |  | 51,086 |  |  | 54,921 |
| $ | 3,546,971 |  |  | $ | 3,393,868 |  |  | $ | 3,413,466 |

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 15 -IssueDate 2025-01-01 -Paragraph 114 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2025-en-r&anchor=para_114&doctype=Standard -URIDate 2025-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Note Effective 2027-01-01 -Name IFRS -Number 19 -IssueDate 2025-01-01 -Paragraph 103 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=19&code=ifrs-tx-2025-en-r&anchor=para_103&doctype=Standard -URIDate 2025-03-27 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Note Effective 2027-01-01 -Name IFRS -Number 19 -IssueDate 2025-01-01 -Paragraph 103 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=19&code=ifrs-tx-2025-en-r&anchor=para_103&doctype=Standard -URIDate 2025-03-27 + Details
Name: | ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of geographical information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2025-01-01 -Paragraph 33 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2025-en-r&anchor=para_33&doctype=Standard -URIDate 2025-03-27 + Details
Name: | ifrs-full_DisclosureOfGeographicalAreasExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The explanation of the significant changes in the contract assets and the contract liabilities. [Refer: Contract assets; Contract liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 15 -IssueDate 2025-01-01 -Paragraph 118 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=15&code=ifrs-tx-2025-en-r&anchor=para_118&doctype=Standard -URIDate 2025-03-27 + Details
Name: | ifrs-full_ExplanationOfSignificantChangesInContractAssetsAndContractLiabilitiesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration