Notes and other explanatory information [abstract]

Schedule of short-term and long-term debt


		December 31, 2024		December 31, 2023

I.	Asset-backed trust notes (“CEBUR”), in Mexican pesos, matured on June 20, 2024, bearing an annual interest rate of TIIE plus 175 basis points	US$	—	US$	14,799

II.	Asset-backed trust notes (“CEBUR”), in Mexican pesos, with a maturity date on October 20, 2026, bearing an annual interest rate of TIIE plus 200 basis points, plus 25 basis points ⁽¹⁾		45,227		83,859

III.	Asset-backed trust notes (“CEBUR”), in Mexican pesos, with a maturity date on September 20, 2028, bearing an annual interest rate of TIIE plus 215 basis points		74,007		88,792

IV.	Revolving credit line with Banco Santander, S.A., (“Santander”) and Banco Nacional de Comercio Exterior, S.N.C. (“Bancomext”), in U.S. dollars, to finance pre-delivery payments, bearing an annual interest rate of SOFR plus a spread of 298 basis points, plus 5 basis points. In August 2024, the Company increased the facility amount to include additional aircraft, extending the maturity date to December 31, 2028; the interest rate from the additional aircraft excludes the sustainability adjustment		109,976		57,855

V.	Pre-delivery payments financing with JSA International U.S. Holdings, LLC, with a maturity date on November 30, 2025, bearing an annual interest of SOFR plus a spread of 300 basis points, along with additional adjustment up to 26 basis points		25,907		35,983

VI.	Pre-delivery payments financing with GY Aviation Lease 1714 Co. Limited, with maturity date on November 30, 2025, bearing annual interest of SOFR plus a spread of 425 basis points, along with additional adjustment up to 26 basis points		60,629		64,495

VII.	Pre-delivery payments financing with Incline II B Shannon 18 Limited, with maturity date on May 31, 2025, bearing annual interest of SOFR plus a spread of 390 basis points		41,432		107,178

VIII.	Pre-delivery payments financing with Oriental Leasing 6 Company Limited, with maturity date on May 31, 2027, bearing an annual interest of SOFR plus a spread of 200 basis points, along with additional adjustment up to 26 basis points		123,038		43,129

		December 31, 2024			December 31, 2023

IX.	Financing for the acquisition of engines with Tarquin Limited, with maturity on September 15, 19 and 26, 2028, bearing an annual interest of 6.20%		41,812			44,052

X.	Financing for the acquisition of engines with NBB-V11218 Lease Partnership, with maturity on September 9, 2028, bearing an annual interest of 6.20%		8,095			8,821

XI.	Financing for the acquisition of engines with NBB-V11951 Lease Partnership, with maturity on September 12, 2028, bearing an annual interest of 6.20%		7,473			8,143

XII.	Financing for the acquisition of engines with Wilmington Trust SP Services (Dublin) Limited (not in its individual capacity but solely as Owner Trustee) for the acquisition of several engines, with maturity in September and October 2028, bearing an annual interest of 7.16%		63,732			71,507

XIII.	Financing for the acquisition of engines with NBB Pintail Co., LTD, with maturity date on November 27, 2028, bearing an annual interest of 6.99%		19,795			20,540

XIV.	Financing for the acquisition of engines with Bank of Utah Corporate Trust, with maturity date in July, August, October and November 2029, bearing an annual interest of 6.20%		71,624			-

XV.	Financing for the acquisition of engines with RRPF Engine Leasing Limited, with maturity date on November 14, 2032, bearing an annual interest of 6.80%		36,473			-

XVI.	Financing for the acquisition of engines with BOC Aviation (Ireland) Limited, with maturity date in October and November 2029, bearing an annual interest of 6.86%		70,892			-

XVII.	Transaction costs to be amortized		(3,590	)		(3,158	)

XVIII.	Accrued interest and other financial cost		13,456			7,070
			809,978			653,065
	Less: Short-term maturities		283,616			220,289
	Long-term Financial debt	US$	526,362		US$	432,776

TIIE: Mexican interbank rate

SOFR: Secured Overnight Financing Rate

⁽¹⁾	Sustainability adjustment

Schedule of changes in liabilities from financing activities


	January 1, 2024		Net cash Flows			Accrued Interest⁽¹⁾		Non-current vs Current reclassification			Other			Conversion effects			December 31, 2024
Current interest-bearing loans and borrowings	US$	220,289	US$	(84,514	)	US$	6,496	US$	146,655		US$	(217	)	US$	(5,093	)	US$	283,616
Non-current interest-bearing loans and borrowings		432,776		261,667			—		(146,655	)		(484	)		(20,942	)		526,362
Total liabilities from financing activities	US$	653,065	US$	177,153		US$	6,496	US$	—		US$	(701	)	US$	(26,035	)	US$	809,978

	January 1, 2023		Net cash Flows			Accrued Interest⁽¹⁾		Foreign exchange movement			Non-current vs Current reclassification			Other			Conversion effects		December 31, 2023
Current interest-bearing loans and borrowings	US$	112,148	US$	(22,356	)	US$	5,118	US$	(739	)	US$	121,804		US$	(479	)	US$	4,793	US$	220,289
Non-current interest-bearing loans and borrowings		160,887		381,255			—		—			(121,804	)		(1,454	)		13,892		432,776
Total liabilities from financing activities	US$	273,035	US$	358,899		US$	5,118	US$	(739	)	US$	—		US$	(1,933	)	US$	18,685	US$	653,065

(1)	This balance is net of interest provisions and interest effectively paid as of December 31, 2024 and 2023, respectively.