Rotable spare parts, furniture and equipment, net (Tables)

12 Months Ended

Dec. 31, 2025

Rotable Spare Parts Furniture And Equipment Net

Schedule of rotable spare parts, furniture and equipment, net


		Gross value														Accumulated depreciation														Net carrying value
		At December 31, 2025							At December 31, 2024							At December 31, 2025							At December 31, 2024							At December 31, 2025							At December 31, 2024
Leasehold improvements to flight equipment			US$			595,816				US$			728,201				US$			(414,190	)			US$			(482,233	)			US$			181,626				US$			245,968
Pre-delivery payments ⁽¹⁾						316,425							484,590							—							—							316,425							484,590
Flight equipment						539,141							408,830							(115,474	)						(89,750	)						423,667							319,080
Construction and improvements in process						17,044							14,242							—							—							17,044							14,242
Constructions and improvements						11,150							9,154							(8,684	)						(7,839	)						2,466							1,315
Office furniture and equipment						4,165							3,621							(2,494	)						(2,428	)						1,671							1,193
Workshop machinery and equipment						3,219							2,671							(1,075	)						(822	)						2,144							1,849
Motorized transport equipment platform						1,898							1,600							(960	)						(681	)						938							919
Computer equipment						1,008							1,186							(830	)						(1,130	)						178							56
Communications equipment						1,092							798							(362	)						(489	)						730							309
Electric power equipment						1,006							781							(434	)						(409	)						572							372
Workshop tools						1,187							660							(711	)						(559	)						476							101
Service carts on board						890							542							(543	)						(466	)						347							76
Total			US$			1,494,041				US$			1,656,876				US$			(545,757	)			US$			(586,806	)			US$			948,284				US$			1,070,070

Schedule of property plant and equipment


		Flight equipment							Constructions and improvements							Computer equipment							Office furniture and equipment							Electric power equipment							WorkshopTools							Motorized transport equipment platform							Communications equipment							Workshop machinery and equipment							Service carts on board							Allowance for obsolescence							Pre-delivery payments							Construction and improvements in process							Leasehold improvements to flight equipment							Total
Net balance as of December 31, 2023			US$			135,039				US$			1,492				US$			85				US$			1,331				US$			185				US$			182				US$			139				US$			255				US$			1,036				US$			126				US$			—				US$			389,380				US$			27,135				US$			248,225				US$			804,610
Additions						207,075							—							2							7							251							—							985							—							964							—							—							235,287							11,183							129,354							585,108
Disposals and transfers						(367	)						—							—							—							—							—							—							—							—							—							—							(159,993	)						(3,938	)						—							(164,298	)
Borrowing costs, net ⁽¹⁾						—							—							—							—							—							—							—							—							—							—							—							19,916							—							—							19,916
Other movements						—							352							8							130							—							—							1							100							49							—							—							—							(20,138	)						19,498							—
Depreciation						(22,667	)						(529	)						(39	)						(275	)						(64	)						(81	)						(206	)						(46	)						(200	)						(50	)						—							—							—							(151,109	)						(175,266	)
As of December 31, 2024						319,080							1,315							56							1,193							372							101							919							309							1,849							76							—							484,590							14,242							245,968							1,070,070
Cost						408,830							9,154							1,186							3,621							781							660							1,600							798							2,671							542							—							484,590							14,242							728,201							1,656,876
Accumulated depreciation						(89,750	)						(7,839	)						(1,130	)						(2,428	)						(409	)						(559	)						(681	)						(489	)						(822	)						(466	)						—							—							—							(482,233	)						(586,806	)
Net balance as of December 31, 2024						319,080							1,315							56							1,193							372							101							919							309							1,849							76							—							484,590							14,242							245,968							1,070,070
Additions						144,875							—							77							91							72							435							—							117							269							—							—							40,099							14,366							90,860							291,261
Disposals and transfers						(4,188	)						—							(5	)						(18	)						(8	)						—							—							(7	)						(3	)						—							—							(195,982	)						(4,352	)						—							(204,563	)
Borrowing costs, net ⁽¹⁾						—							—							—							—							—							—							—							—							—							—							—							(12,282	)						—							—							(12,282	)
Other movements						—							1,995							92							698							209							95							346							388							307							348							—							—							(7,212	)						2,734							—
Depreciation						(36,100	)						(844	)						(42	)						(293	)						(73	)						(155	)						(327	)						(77	)						(278	)						(77	)						—							—							—							(157,936	)						(196,202	)
As of December 31, 2025						423,667							2,466							178							1,671							572							476							938							730							2,144							347							—							316,425							17,044							181,626							948,284
Cost						539,141							11,150							1,008							4,165							1,006							1,187							1,898							1,092							3,219							890							—							316,425							17,044							595,816							1,494,041
Accumulated depreciation						(115,474	)						(8,684	)						(830	)						(2,494	)						(434	)						(711	)						(960	)						(362	)						(1,075	)						(543	)						—							—							—							(414,190	)						(545,757	)
Net balance as of December 31, 2025			US$			423,667				US$			2,466				US$			178				US$			1,671				US$			572				US$			476				US$			938				US$			730				US$			2,144				US$			347				US$			—				US$			316,425				US$			17,044				US$			181,626				US$			948,284

⁽¹⁾

During the years ended December 31, 2025, and 2024, the Company capitalized borrowing costs of US$22,287 and US$35,107, respectively. The amount of this line is net of disposals of capitalized borrowing costs related to sale and leaseback transactions of US$34,569 and US$15,191, respectively.