XML 104 R50.htm IDEA: XBRL DOCUMENT v3.20.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2019
Leases  
Schedule of composition of fleet and spare engines, operating leases

 

 

 

 

 

 

 

 

 

 

    

 

    

At December

    

At December

    

At December

Aircraft Type 

    

Model 

    

31, 2019

    

31, 2018

    

31, 2017

A319

 

132

 

 3

 

 4

 

 6

A319

 

133

 

 4

 

 4

 

 6

A320

 

233

 

39

 

39

 

39

A320

 

232

 

 2

 

 4

 

 4

A320NEO

 

271N

 

17

 

12

 

 6

A321

 

231

 

10

 

10

 

10

A321NEO

 

271N

 

 6

 

 4

 

 —

 

 

  

 

81

 

77

 

71

 


 

 

 

 

 

 

 

 

 

 

Engine spare

    

 

    

At December

    

At December

    

At December

Type

    

Model 

    

31, 2019

    

31, 2018

    

31, 2017

V2500

 

V2524-A5

 

 2

 

 —

 

 —

V2500

 

V2527M-A5

 

 3

 

 3

 

 3

V2500

 

V2527E-A5

 

 3

 

 3

 

 3

V2500

 

V2527-A5

 

 2

 

 2

 

 2

PW1100

 

PW1127G-JM

 

 3

 

 2

 

 —

PW1100

 

PW1133G-JM

 

 1

 

 —

 

 —

 

 

  

 

14

 

10

 

 8

* Certain of the Company’s aircraft and engine lease agreements include an option to extend the lease term period. Terms and conditions are subject to market conditions at the time of renewal.

Summary of carrying amounts of right-of-use assets recognized and the movements during the period

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

Spare engine

    

Land and

    

 

 

    

Aircraft leases

    

leases

    

building leases

    

Total

As at 1 January 2017 (adjusted)

 

Ps.

23,047,879

 

Ps.

220,554

 

Ps.

231,648

 

Ps.

23,500,081

Additions

 

 

4,665,330

 

 

157,225

 

 

9,149

 

 

4,831,704

Depreciation on right of use assets

 

 

(3,306,249)

 

 

(77,750)

 

 

(53,904)

 

 

(3,437,903)

As at 31 December 2017 (adjusted)

 

 

24,406,960

 

 

300,029

 

 

186,893

 

 

24,893,882

Additions

 

 

10,585,188

 

 

387,480

 

 

59,194

 

 

11,031,862

Depreciation on right of use assets

 

 

(3,865,979)

 

 

(107,813)

 

 

(69,899)

 

 

(4,043,691)

As at 31 December 2018 (adjusted)

 

 

31,126,169

 

 

579,696

 

 

176,188

 

 

31,882,053

Additions

 

 

6,676,492

 

 

230,200

 

 

42,992

 

 

6,949,684

Depreciation on right of use assets

 

 

(4,490,572)

 

 

(132,698)

 

 

(79,701)

 

 

(4,702,971)

As at 31 December 2019

 

Ps.

33,312,089

 

Ps.

677,198

 

Ps.

139,479

 

Ps.

34,128,766

 

Summary of carrying amounts of lease liabilities and the movements during the period

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

2017

 

    

2019

    

(Adjusted)

    

(Adjusted)

As at 1 January

 

Ps.

39,565,146

 

Ps.

32,523,704

 

Ps.

32,711,793

Additions

 

 

7,186,613

 

 

11,038,578

 

 

4,897,420

Accretion of interest

 

 

2,037,540

 

 

1,683,330

 

 

1,381,680

Foreign exchange effect

 

 

(1,772,452)

 

 

30,441

 

 

(1,434,291)

Payments

 

 

(6,499,802)

 

 

(5,710,907)

 

 

(5,032,898)

As at 31 December

 

 

40,517,045

 

 

39,565,146

 

 

32,523,704

Current

 

Ps.

4,720,505

 

Ps.

4,976,454

 

Ps.

4,213,417

Non-current

 

 
35,796,540

 

 
34,588,692

 

 
28,310,287

 

Summary of amounts recognized in profit or loss

 

 

 

 

 

 

 

 

 

 

 

    

 

    

As of December

    

As of December

 

 

As of December

 

31, 2018

 

31, 2017

 

 

31, 2019

 

(Adjusted)

 

(Adjusted)

Depreciation of right-of-use assets

 

Ps.

(4,702,971)

 

Ps.

(4,043,691)

 

Ps.

(3,437,903)

Interest expense on lease liabilities

 

 

(2,128,162)

 

 

(1,755,978)

 

 

(1,428,924)

Aircraft and engine variable expenses

 

 

(961,657)

 

 

(956,010)

 

 

(1,429,595)

Total amount recognized in profit or loss

 

Ps.

(7,792,790)

 

Ps.

(6,755,679)

 

Ps.

(6,296,422)