Equity (Tables)

12 Months Ended

Dec. 31, 2023

Equity [abstract]

Schedule of Issued Capital and Authorized Shares, All Registered and Without Par Value

	Value		Quantity
Description	Company’s capital	AFAC (a)	Common shares	Preferred shares
At December 31, 2021	2,290,876	120	928,965,058	333,680,010
Capital payment	—	(23,065)	—	—
Share-based payment	23,065	23,006	—	1,943,398
At December 31, 2022	2,313,941	61	928,965,058	335,623,408
Capital payment	880	(880)	—	—
Share-based payment	—	1,608	—	124,388
At December 31, 2023	2,314,821	789	928,965,058	335,747,796

(a)Advance for future capital increase.

Company shareholding structure

Company shareholding structure is presented below:

	December 31, 2023						December 31, 2022
Shareholder	Common shares		Preferred shares		% economic participation		Common shares		Preferred shares		% economic participation
David Neeleman	67.0	%	2.2	%	4.5	%	67.0	%	2.2	%	4.5	%
Shareholders Trip(a)	33.0	%	4.0	%	5.0	%	33.0	%	4.4	%	5.4	%
United Airlines Inc	—	%	8.0	%	7.8	%	—	%	8.0	%	7.8	%
Blackrock	—	%	5.0	%	4.8	%	—	%	5.0	%	4.8	%
Others	—	%	80.7	%	77.8	%	—	%	80.3	%	77.4	%
Treasury shares	—	%	0.1	%	0.1	%	—	%	0.1	%	0.1	%
Total	100.0	%	100.0	%	100.0	%	100.0	%	100.0	%	100.0	%

(a)This refers to Trip Participações S.A., Trip Investimentos Ltda. and Rio Novo Locações Ltda.

Schedule of Treasury Shares

Description	Number of shares	Amount paid	Average cost (in R$)
At December 31, 2021	384,529	11,959	31.10
Repurchase	313,102	3,923	12.53
Transfers	(347,632)	(5,678)	—
At December 31, 2022	349,999	10,204	29.15
Repurchase	591,866	6,826	11.53
Transfers	(441,866)	(7,989)	—
At December 31, 2023	499,999	9,041	18.08

In