AIR TRAFFIC LIABILITY SERVICES AND LOYALTY PROGRAM |
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| Air traffic liability [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AIR TRAFFIC LIABILITY SERVICES AND LOYALTY PROGRAM | AIR TRAFFIC LIABILITY SERVICES AND LOYALTY PROGRAM 24.1Accounting policies It comprises the Company’s obligations arising from advance receipts for the provision of air transportation services and other services. Such obligations are settled upon the performance of the services. The Company recognized breakage revenue based on the historical issuance of tickets that will expire due to non-use, that is, passengers who purchased tickets and are highly likely not to use them. For the purpose of recognizing this revenue, the average periods for providing air transport services are also considered, and these assumptions are included in a statistical model that determines the forecast breakage rate to be adopted. At least annually, the calculations are reviewed to reflect and capture changes in customer behavior regarding ticket expiration. 24.2Breakdown of air traffic liability services and loyalty program
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