XML 63 R28.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Accounts payable
 12 Months Ended
Dec. 31, 2023
Trade and other payables [abstract]  
ACCOUNTS PAYABLE ACCOUNTS PAYABLE
21.1Accounting policies
Amounts payable to suppliers are initially recognized at fair value and subsequently increased, when applicable, by the corresponding charges and monetary and exchange variations.
21.2Breakdown of accounts payable
As described in note 2.1.4.6, negotiations with suppliers of aircraft services and parts mostly followed the same model as the renegotiation of lease obligations, i.e. the Company issued Notes in the equivalent amount of R$408,541 (equivalent of US$84,386), with interest of 7.5% p.a. to be paid quarterly from December 2023, and principal due in June 2030), as well as Convertible to equity, in the total amount of R$159,775 (equivalent US$33,002), with consecutive quarterly payments, starting in January 2025.
December 31,
Description20232022
Accounts payable3,077,225 3,034,799 
Accounts payable – Notes401,702 — 
Accounts payable – Convertible to equity119,841 — 
3,598,768 3,034,799 
Current2,277,841 2,517,828 
Non-current1,320,927 516,971 
21.3Movement of accounts payable
21.3.1Accounts payable – Notes
DescriptionDecember 31, 2022AdditionInterest incurredForeign currency exchangeDecember 31, 2023
Financing with accounts payable – Notes— 401,824 8,357 (8,479)401,702 
Total— 401,824 8,357 (8,479)401,702 
Current—    11,624 
Non-current—    390,078 
21.3.2Accounts payable – Convertible to equity
DescriptionDecember 31, 2022AdditionInterest incurredForeign currency exchangeDecember 31, 2023
Financing with accounts payable – Convertible to equity— 118,809 3,347 (2,315)119,841 
Total— 118,809 3,347 (2,315)119,841 
Non-current—    119,841