XML 17 R3.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Operations
$ in Thousands
12 Months Ended
Dec. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
USD ($)
$ / shares
Dec. 31, 2020
USD ($)
$ / shares
Operating revenues:      
Fare revenues $ 1,661,176 $ 1,265,980 [1] $ 626,909 [1]
Other passenger revenues 1,078,251 866,944 [1] 415,997 [1]
Passenger revenues 2,739,427 2,132,924 [1] 1,042,906 [1]
Other non-passenger revenues 92,977 76,872 [1] 41,841 [1]
Cargo 14,786 11,882 [1] 9,647 [1]
Non-derivative financial instruments [1]   (21,378) (19,408)
Operating revenues 2,847,190 2,200,300 [1] 1,074,986 [1]
Other operating income (25,066) (10,758) [1] (33,619) [1]
Fuel expense, net 1,299,254 609,390 [1] 321,541 [1]
Landing, take-off and navigation expenses 379,108 296,831 [1] 195,989 [1]
Depreciation of right of use assets 320,443 269,351 [1] 236,417 [1]
Salaries and benefits 283,089 239,215 [1] 163,776 [1]
Aircraft and engine variable lease expenses 124,532 83,373 [1] 85,957 [1]
Sales, marketing and distribution expenses 124,287 96,705 [1] 86,705 [1]
Other operating expenses 102,585 65,858 [1] 54,413 [1]
Maintenance expenses 97,783 96,256 [1] 55,227 [1]
Depreciation and amortization 97,486 57,049 [1] 42,098 [1]
Operating income (loss) 43,689 397,030 [1] (133,518) [1]
Finance income 12,902 3,531 [1] 4,784 [1]
Finance cost (192,535) (139,374) [1] (138,320) [1]
Foreign exchange gain (loss), net 3,581 (124,161) [1] 13,601 [1]
(Loss) income before income tax (132,363) 137,026 [1] (253,453) [1]
Income tax benefit (expense) 52,139 (30,573) [1] 61,731 [1]
Net (loss) income $ (80,224) $ 106,453 [1] $ (191,722) [1]
(Loss) earnings per share basic: | (per share) $ (0.069) $ 0.092 $ (0.191)
(Loss) earnings per share diluted: | (per share) $ (0.069) $ 0.091 $ (0.188)
[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.