INVENTORIES (Tables)

12 Months Ended

Dec. 31, 2018

Inventories Abstract

Schedule of composition of inventories

The composition of Inventories is as follows:

	As of		As of
	December 31,		December 31,
	2018		2017
	ThUS$		ThUS$
Technical stock		233,276		195,530
Non-technical stock		46,068		41,136
Total		279,344		236,666

Schedule of inventory average cost, net of provision for obsolescence

The items included in this heading are spare parts and materials that will be used mainly in consumption in in-flight and maintenance services provided to the Company and third parties, which are valued at average cost, net of provision for obsolescence, as per the following detail:

	As of		As of
	December 31,		December 31,
	2018		2017
	ThUS$		ThUS$
Provision for obsolescence Technical stock		20,500		21,839
Provision for obsolescence Non-technical stock		4,621		6,488
Total		25,121		28,327