v3.26.1
Consolidated Statements of Operations - BRL (R$)
R$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating revenue        
Passenger revenue R$ 4,560,533 R$ 4,578,922 R$ 9,609,310 R$ 9,596,296
Other revenues 418,117 363,422 840,709 740,470
Total revenue 4,978,650 4,942,344 10,450,019 10,336,766
Operating expenses        
Aircraft fuel (1,960,788) (1,388,694) (3,301,752) (2,960,683)
Salaries and employee benefits (766,752) (668,974) (1,477,581) (1,376,856)
Share-based incentive (20,024) (57,716) (80,885) (70,515)
Airport taxes and fees (288,746) (316,564) (590,744) (634,393)
Auxiliary services for air transport (235,762) (251,044) (468,128) (484,808)
Maintenance (204,710) (202,762) (495,607) (405,255)
Selling expenses (270,601) (164,898) (525,246) (410,709)
Depreciation and amortization (747,082) (762,777) (1,401,490) (1,578,014)
Insurance (29,547) (31,801) (60,073) (49,801)
Renegotiations – financial - Chapter 11 (149,584) (170,918) (314,617) (297,024)
Breakage – GUC 0 0 1,589,798 0
Restructuring costs - Chapter 11 (74,852) 0 (382,834) 0
Others (748,708) (962,450) (1,501,592) (624,075)
Total operating expenses (5,497,156) (4,978,598) (9,010,751) (8,892,133)
Operating (loss) profit (518,506) (36,254) 1,439,268 1,444,633
Financial income 14,311 783,649 44,312 815,238
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 (882,164) 1,504,261 (4,333,069) 1,677,010
Profit (loss) before IR and CSLL (1,400,670) 1,468,007 (2,893,801) 3,121,643
Current income tax and social contribution 0 (12) (1,877) (27)
Deferred income tax and social contribution 0 0 7,515,404 0
Profit (loss) for the period R$ (1,400,670) R$ 1,467,995 R$ 4,619,726 R$ 3,121,616
Common shares        
Operating expenses        
Basic income (loss) per common share – R$ (in brazilian real per share) R$ (3.80) R$ 1.71 R$ 14.62 R$ 3.96
Diluted income (loss) per common share – R$ (in brazilian real per share) R$ (3.80) R$ 1.71 R$ 14.62 R$ 3.96