v3.26.1
FINANCIAL RESULT (Details) - BRL (R$)
R$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Financial income        
Interest on short and long-term investments R$ 10,969 R$ 23,898 R$ 25,595 R$ 48,611
Fair value of the TAP Bond 0 4,127 0 4,127
Debt to equity conversion 0 734,433 0 734,433
Others 3,342 21,191 18,717 28,067
Total financial income 14,311 783,649 44,312 815,238
Financial expenses        
Interest on loans and financing (226,228) (483,052)   (942,659)
Interest on loans and financing     715,156  
Interest on lease (432,035) (710,980) (890,507) (1,384,340)
Interest on accounts payable (45,070) (54,154) (84,176) (164,714)
Interest on convertible instruments 0 (111,103) (647,150) (197,431)
Interest on airport taxes and fees (33,091) (39,249) (71,624) (71,618)
Interest on provisions (75,290) (46,163) (135,116) (100,314)
Interest on factoring credit card receivables (66,803) (111,451) (163,040) (220,564)
Amortized cost of loans and financing (8,922) (48,128) (129,484) (75,307)
Financial operations cost (35,063) (37,314) (101,685) (76,767)
Fair value of the TAP Bond 0 (3,440) 0 (34,869)
Restructuring of loans and financing 0 0 (108,074) (552,073)
Fair value adjustment on conversion into shares 0 0 (5,090,093) 0
GUC 0 0 800,145 0
Accounts payables – GUC – Chapter 11 0 0 (56,825) 0
Debentures restructuring of convertible 0 0 0 (334,599)
Other restructuring costs 0 0 0 (215,354)
Others (15,471) (83,919) (42,827) (157,270)
Financial expenses (937,973) (1,728,953) (5,891,650) (4,527,879)
Derivative financial instruments, net 14,402 655,849 14,402 860,716
Foreign currency exchange, net 27,096 1,793,716 1,499,867 4,528,935
Financial result, net R$ (882,164) R$ 1,504,261 R$ (4,333,069) R$ 1,677,010