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Prepaid expenses
12 Months Ended
Dec. 31, 2025
Prepayments [Abstract]  
Prepaid expenses
12. Prepaid expenses
20252024
Prepaid taxes$12,242 $19,293 
Prepaid commissions3,858 3,186 
Prepaid insurance400 462 
Prepaid to supplier44,143 28,222 
$60,643 $51,163 
Current$55,209 $42,926 
Non-current5,434 8,237 
$60,643 $51,163 
The current portion of prepaid taxes amounts to $9.9 million and mainly includes tax advance of VAT, and withholdings taxes (2024: $11.1 million). The non-current portion of prepaid expenses mainly include tax credits for $2.3 million (2024: $8.2 million).
Prepaid to supplier mainly includes operating expenses related to aircraft rent, fuel and maintenance services.