v3.26.1
Consolidated Statements of Financial Position - BRL (R$)
R$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents R$ 991,644 R$ 1,210,009
Short-term investments 26,286 71,898
Accounts receivable 2,722,742 1,775,374
Inventories 972,532 943,578
Deposits 502,085 328,876
Taxes recoverable 208,354 203,951
Advances to suppliers 371,594 274,282
Other assets 508,289 850,052
Total current assets 6,303,526 5,658,020
Non-current assets    
Long-term investments 0 1,040,454
Accounts receivable 29,452 0
Deposits 2,377,624 3,063,786
Taxes recoverable 46,509 36,136
Other assets 447,480 411,701
Property and equipment 2,772,299 3,034,554
Right-of-use assets 10,125,024 11,470,679
Intangible assets 1,536,000 1,559,613
Total non-current assets 17,334,388 20,616,923
Total assets 23,637,914 26,274,943
Current liabilities    
Loans and financing 13,783,259 2,207,199
Leases 3,353,501 6,314,221
Convertible debt instruments 88,996 124,321
Accounts payable 3,931,201 4,147,225
Airport taxes and fees 899,605 584,739
Air traffic liability, services and loyalty program 6,240,689 6,326,057
Salaries and benefits 533,713 508,448
Taxes payable 144,007 125,055
Derivative financial instruments 0 65,375
Provisions 374,141 670,722
Other liabilities 124,039 268,935
Total current liabilities 29,473,151 21,342,297
Non-current liabilities    
Loans and financing 9,276,345 12,774,218
Leases 9,357,562 15,064,626
Convertible debt instruments 308,370 1,058,047
Accounts payable 948,543 1,162,396
Airport taxes and fees 711,032 792,680
Taxes payable 193,581 198,898
Provisions 1,400,534 3,508,314
Other liabilities 1,006,858 808,737
Total non-current liabilities 23,202,825 35,367,916
Equity    
Issued capital 7,131,859 2,315,628
Unpaid capital (71,034) 0
Capital reserve (1,408,711) 2,066,023
Treasury shares (1,433) (4,334)
Other comprehensive income 4,903 5,917
Accumulated losses (34,693,646) (34,818,504)
Equity (29,038,062) (30,435,270)
Total liabilities and equity R$ 23,637,914 R$ 26,274,943