RIGHT-OF-USE ASSETS (Tables)

12 Months Ended

Dec. 31, 2025

Property, plant and equipment [abstract]

Schedule of Right-of-Use Assets

Breakdown of right-of-use assets


Description						Weighted average rate (p.a.)						December 31, 2024						Additions						Write-offs						Modifications						Transfers (b)						December 31, 2025

Cost
Aircraft, engines and simulators												16,856,505						1,634,904						(879,183)						(740,610)						—						16,871,616
Maintenance												2,178,896						1,069,595						(353,081)						(86,016)						156,729						2,966,123
Restoration												2,148,670						450,509						(156,566)						(1,531,091)						—						911,522
Others												350,925						15,922						(1,452)						20,362						—						385,757
												21,534,996						3,170,930						(1,390,282)						(2,337,355)						156,729						21,135,018
Depreciation
Aircraft, engines and simulators						9 %						(8,163,584)						(1,543,402)						683,500						—						—						(9,023,486)
Maintenance						22 %						(883,821)						(487,586)						135,790						5,410						—						(1,230,207)
Restoration						18 %						(880,533)						(389,013)						155,852						552,931						—						(560,763)
Others						17 %						(136,379)						(59,627)						468						—						—						(195,538)
												(10,064,317)						(2,479,628)						975,610						558,341						—						(11,009,994)

Right-of-use assets, net												11,470,679						691,302						(414,672)						(1,779,014)						156,729						10,125,024

(b)The transfer balances are between the groups “Inventories”, “Other assets” and “Property and equipment”.


Description						Weighted average rate (p.a.)						December 31, 2023						Additions						Write-offs						Modifications						Transfers (a)						December 31, 2024

Cost
Aircraft, engines and simulators												14,279,939						2,701,036						(439,430)						248,712						66,248						16,856,505
Maintenance												1,552,036						744,988						(105,738)						(12,390)						—						2,178,896
Restoration												1,699,610						713,649						(56,491)						(208,098)						—						2,148,670
Others												324,650						64,138						(40,407)						2,544						—						350,925
												17,856,235						4,223,811						(642,066)						30,768						66,248						21,534,996
Depreciation
Aircraft, engines and simulators						8 %						(7,417,554)						(1,185,460)						439,430						—						—						(8,163,584)
Maintenance						23 %						(616,379)						(362,563)						95,121						—						—						(883,821)
Restoration						26 %						(701,501)						(445,171)						54,633						211,506						—						(880,533)
Others						18 %						(109,243)						(58,989)						31,853						—						—						(136,379)
												(8,844,677)						(2,052,183)						621,037						211,506						—						(10,064,317)

Right-of-use assets, net												9,011,558						2,171,628						(21,029)						242,274						66,248						11,470,679

(a)Transfer balances are between the groups “Sublease aircraft”, “Inventories”, “Other assets” and “Property and equipment”.