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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating activities      
(Loss) income before income tax $ (132,363) $ 137,026 [1] $ (253,453) [1]
Non-cash adjustment to reconcile (loss) income before income tax to net cash flows from operating activities:      
Depreciation and amortization (including right-of-use-assets) 417,929 326,400 278,515
Allowance for credit losses 1,672 795 636
Finance income (12,902) (3,531) (4,784)
Finance cost 191,809 138,890 118,796
Net foreign exchange (gain) loss differences (8,669) 80,372 (26,693)
Derivative financial instruments 161 688 58,261
Amortized Cost (CEBUR) 566 412 323
Net gain on disposal of rotable spare parts, furniture and equipment and gain on sale of aircraft (19,548) (9,546) (32,568)
Employee benefits 7,210 552 521
Aircraft and engine lease extension benefit and other benefits from service agreements (517) (519) (614)
Management incentive and long-term incentive plans 709 (1,273) 2,288
Cash flows from operating activities before changes in working capital 446,057 670,266 141,228
Changes in operating assets and liabilities:      
Related parties 6,570 3,392 803
Other accounts receivable 49,670 (15,787) 36,905
Recoverable and prepaid taxes (33,293) 16,918 (1,024)
Inventories (1,361) (857) 1,068
Prepaid expenses (21,489) 645 3,407
Other assets (12,494) 3,435 2,639
Guarantee deposits (13,445) (52,048) (65,017)
Suppliers 86,627 6,168 41,521
Accrued liabilities 17,201 45,053 (26,118)
Other taxes and fees payable 44,985 12,972 7,668
Unearned transportation revenue 42,487 20,023 101,030
Derivative Financial instruments   (1,854) (59,190)
Other liabilities 40,429 76,687 35,890
Cash generated from operating activities 651,944 785,013 220,810
Interest received 12,902 3,531 4,784
Income taxes paid (51,244) (3,188) (11,845)
Net cash flows provided by operating activities 613,602 785,356 213,749
Investing activities      
Acquisitions of rotable spare parts, furniture and equipment (347,147) (186,121) (157,133)
Acquisitions of intangible assets (6,790) (10,063) (5,804)
Acquisitions of subsidiaries   (79)  
Pre-delivery payments reimbursements 221,253 43,678 79,593
Proceeds from disposals of rotable spare parts, furniture and equipment 1,990 17,940 80,192
Net cash flows used in investing activities (130,694) (134,645) (3,152)
Financing activities      
Net proceeds from public offering     164,399
Proceeds from exercised stock options   2,859  
Treasury shares purchase (5,239) (4,366) (4,511)
Interest paid (17,637) (12,477) (13,614)
Payments of principal portion of lease liabilities (449,004) (458,968) (284,363)
Payments of financial debt (196,565) (76,936) (99,596)
Proceeds from financial debt 155,357 114,704 108,117
Net cash flows used in financing activities (513,088) (435,184) (129,568)
(Decrease) increase in cash, cash equivalents and restricted cash (30,180) 215,527 81,029
Net foreign exchange differences on cash balance 911 19,127 1,990
Cash, cash equivalents and restricted cash at beginning of year 741,122 [2] 506,468  
Cash, cash equivalents and restricted cash at end of year $ 711,853 $ 741,122 [2] $ 506,468
[1] The comparative Consolidated financial statements have been re-presented from Mexican peso to U.S. dollar to reflect the Company’s change in presentation currency.
[2] The comparative Consolidated financial statements have been re-presented from Mexican peso to U.S. dollar to reflect the Company’s change in presentation currency.