v3.26.1
PROPERTY AND EQUIPMENT (Tables)
 12 Months Ended
Dec. 31, 2025
Property, plant and equipment [abstract]  
Schedule of Property, Plant and Equipment Breakdown of property and equipment
DescriptionWeighted average rate (p.a.)December 31,
2024		AcquisitionsWrite-offs
Transfers (b)
December 31,
2025
Cost
Aircraft parts and equipment (a)
2,237,723 298,601 (83,982)— 2,452,342 
Non‑aircraft equipment (a)108,152 3,084 (4,040)— 107,196 
Aircraft, engines and simulators384,282 170,126 (256,176)3,502 301,734 
Improvements 660,624 80,132 (96,709)6,358 650,405 
Maintenance85,157 — (52,175)— 32,982 
Others28,502 585 (2)— 29,085 
Construction in progress
59,314 10,924 (14,029)(3,502)52,707 
Advance payments for acquisition of aircraft
1,036,374 105,279 (256,465)— 885,188 
4,600,128 668,731 (763,578)6,358 4,511,639 
Depreciation
Aircraft parts and equipment (a)
9 %(974,169)(207,376)13,306 — (1,168,239)
Non‑aircraft equipment (a)10 %(63,287)(11,210)614 — (73,883)
Aircraft, engines and simulators6 %(246,405)(23,073)70,424 — (199,054)
Improvements 10 %(233,508)(65,280)46,864 — (251,924)
Maintenance11 %(26,031)(8,972)13,025 — (21,978)
Others7 %(22,174)(2,090)2 — (24,262)
(1,565,574)(318,001)144,235 — (1,739,340)
Property and equipment3,034,554 350,730 (619,343)6,358 2,772,299 
(a)Such balances refer to the “Maintenance materials and parts” and “Equipment” lines disclosed on December 31, 2024.
(b)The transfer balances are between the groups “Inventories” and “Other assets".
DescriptionWeighted average rate (p.a.)December 31,
2023		AcquisitionsWrite-offs
Transfers (a)
December 31,
2024
Cost
Maintenance materials and parts2,036,144 332,469 (191,944)(43,654)2,133,015 
Equipments195,810 21,356 (5,124)818 212,860 
Aircraft, engines and simulators593,953 323,056 (533,279)552 384,282 
Improvements
555,412 59,848 (24,445)69,809 660,624 
Maintenance44,016 75,692 (34,551)— 85,157 
Others29,231 2,877 (3,606)— 28,502 
Construction in progress96,095 64,822 (65,582)(36,021)59,314 
Advance payments for acquisition of aircraft298,040 738,334 — — 1,036,374 
3,848,701 1,618,454 (858,531)(8,496)4,600,128 
Depreciation
Maintenance materials and parts8 %(785,204)(164,285)53,518 — (895,971)
Equipments13 %(120,860)(25,310)4,685 — (141,485)
Aircraft, engines and simulators7 %(271,104)(39,385)64,084 — (246,405)
Improvements
12 %(188,987)(68,273)23,752 — (233,508)
Maintenance27 %(19,616)(12,101)5,686 — (26,031)
Others8 %(23,289)(2,482)3,597 — (22,174)
(1,409,060)(311,836)155,322 — (1,565,574)
Property and equipment2,439,641 1,306,618 (703,209)(8,496)3,034,554 
Impairment(143,790)— 143,790 — — 
Total property and equipment, net2,295,851 1,306,618 (559,419)(8,496)3,034,554 
(a)Transfer balances are between the groups “Right-of-use assets” and “Intangible”