Inventories |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Notes and other explanatory information [abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Inventories | 9. Inventories
An analysis of inventories as of December 31, 2025 and 2024 is as follows:
The inventory items are consumed during or used mainly in delivery of in-flight services and for maintenance services by the Company and are valued at the lower of cost or replacement value. The Company recognizes the necessary estimates for decreases in the value of its inventories due to impairment, obsolescence, slow movement and causes that indicate that the use or realization of the aircraft spare parts and flight equipment accessories that are part of the inventory will be less than recorded value.
For the years ended December 31, 2025, 2024, and 2023, the Company did not record any impairment loss in the value of its inventories.
During the years ended December 31, 2025, 2024 and 2023, inventory consumption recorded as operating expenses within maintenance expenses amounted to US$27,363, US$24,009 and US$20,928, respectively.
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