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Leases (Tables) | 12 Months Ended
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Dec. 31, 2020
Leases |
Schedule of composition of fleet and spare engines, operating leases |
Aircraft |  |  |  | At December |  | At December
Type |  | Model |  | 31, 2020 |  | 31, 2019
A319 |  | 132 |  | 3 |  | 3
A319 |  | 133 |  | 2 |  | 4
A320 |  | 233 |  | 39 |  | 39
A320 |  | 232 |  | 1 |  | 2
A320NEO |  | 271N |  | 24 |  | 17
A321 |  | 231 |  | 10 |  | 10
A321NEO |  | 271N |  | 6 |  | 6
|  |  |  | 85 |  | 81
Engine spare |  |  |  | At December |  | At December
Type |  | Model |  | 31, 2020 |  | 31, 2019
V2500 |  | V2524-A5 |  | 2 |  | 2
V2500 |  | V2527M-A5 |  | 3 |  | 3
V2500 |  | V2527E-A5 |  | 5 |  | 3
V2500 |  | V2527-A5 |  | 2 |  | 2
PW1100 |  | PW1127G-JM |  | 5 |  | 3
PW1100 |  | PW1133G-JM |  | 1 |  | 1
|  |  |  | 18 |  | 14
* 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.
Aircraft |  |  |  | At December |  | At December
Type |  | Model |  | 31, 2020 |  | 31, 2019
A319 |  | 132 |  | 3 |  | 3
A319 |  | 133 |  | 2 |  | 4
A320 |  | 233 |  | 39 |  | 39
A320 |  | 232 |  | 1 |  | 2
A320NEO |  | 271N |  | 24 |  | 17
A321 |  | 231 |  | 10 |  | 10
A321NEO |  | 271N |  | 6 |  | 6
|  |  |  | 85 |  | 81
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 January 1st, 2019 |  | Ps. | 31,126,169 |  | Ps. | 579,696 |  | Ps. | 176,188 |  | Ps. | 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 December 31, 2019 |  |  | 33,312,089 |  |  | 677,198 |  |  | 139,479 |  |  | 34,128,766
Additions |  |  | 4,876,071 |  |  | 362,081 |  |  | 15,222 |  |  | 5,253,374
Disposals |  |  | (17,742) |  |  | — |  |  | — |  |  | (17,742)
Foreign exchange effect |  |  | — |  |  | — |  |  | 795 |  |  | 795
Depreciation on right of use assets |  |  | (4,763,928) |  |  | (210,079) |  |  | (74,969) |  |  | (5,048,976)
As at December 31, 2020 |  | Ps. | 33,406,490 |  | Ps. | 829,200 |  | Ps. | 80,527 |  | Ps. | 34,316,217
Summary of carrying amounts of lease liabilities and the movements during the period |
|  | 2020 |  | 2019
As at January 1 st |  | Ps. | 40,517,045 |  | Ps. | 39,565,146
Additions |  |  | 5,572,764 |  |  | 7,186,613
Disposals |  |  | (231,566) |  |  | —
Accretion of interest |  |  | 2,218,982 |  |  | 2,037,540
Foreign exchange effect |  |  | 2,163,886 |  |  | (1,772,452)
Payments |  |  | (6,110,569) |  |  | (6,499,802)
As at 31 December |  | Ps. | 44,130,542 |  | Ps. | 40,517,045
Current |  | Ps. | 6,484,092 |  | Ps. | 4,720,505
Non-current |  | Ps. | 37,646,450 |  | Ps. | 35,796,540
Summary of amounts recognized in profit or loss |
|  | As of December |  | As of December |  | As of December
|  | 31, 2020 |  | 31, 2019 |  | 31, 2018
Depreciation of right-of-use assets |  | Ps. | (5,048,976) |  | Ps. | (4,702,971) |  | Ps. | (4,043,691)
Interest expense on lease liabilities and aircraft and engine lease return obligation (Note 21) |  |  | (2,350,250) |  |  | (2,128,162) |  |  | (1,755,978)
Aircraft and engine variable expenses |  |  | (1,845,254) |  |  | (961,657) |  |  | (956,010)
Total amount recognized in profit or loss |  | Ps. | (9,244,480) |  | Ps. | (7,792,790) |  | Ps. | (6,755,679)

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