Company: CTTRF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001292814-25-001765
Chunk: 156

Company: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 4A
Chunk 156
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revocable Trust number CIB/3249 created by Volaris Opco. This issuance was part
of a program approved by the CNBV for an amount of up to Ps.3.0 billion (U. S. $148 million based on an exchange rate of Ps.20.27 to U. S.$1
on December 31, 2024). The asset-backed trust notes had a five-year maturity with annual principal amortization of Ps.250.0 million, Ps.500.0
million, Ps.500.0 million and Ps.250.0 million (U. S. $12.3 million, U. S. $24.7 million, U. S. $24.7 million and U. S. $12.3 million based
on an exchange rate of Ps.20.27 to U. S. $1 on December 31, 2024), in 2021, 2022, 2023, and 2024, respectively, with a floating coupon
rate of TIIE 28 plus 175 basis points. The asset backed trust notes under the ticker VOLARCB 19 were fully amortized on June 20, 2024.

On October 13, 2021, our subsidiary Volaris Opco issued 15,000,000
asset-backed trust notes under the ticker VOLARCB 21L in the amount of Ps.1.5 billion (U. S. $74 million as of December 31,2024 based on
an exchange rate of Ps.20.27 to U. S. $1) through Irrevocable Trust number CIB/3249 created by Volaris Opco. The issuance amount is part
of a program approved by the CNBV for an amount of up to Ps.3.0 billion (U. S. $148 million as of December 31, 2024 based on an exchange
rate of Ps.20.27 to U. S. $1). With this second issuance the total amount approved for the program has been reached. The asset backed trust
notes have a five-year maturity, with annual principal amortizations of Ps.83.3 million, Ps.500.0 million, Ps.500.0 million and Ps.416.7
million (U. S. $4.1 million, U. S. $24.7 million, U. S. $24.7 million and U