Company: CTTRF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001292814-25-001765
Chunk: 361

Company: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 19
Chunk 361
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 The order included 14 A320CEO (“ Current Engine Option
Aircraft”) and30A320NEO. Additionally, during December 2017, the Company amended the agreement with Airbus for the purchase of80A320 family aircraft to be delivered from 2022 to 2026. The order includes46A320NEO and34A321NEO. Under such agreement and prior
to the delivery of each aircraft, the Company agreed to make pre-delivery payments, which shall be calculated based on the reference price
of each aircraft, and following a formula established for such purpose in the agreement.

In November 2018, the Company amended the agreement with
Airbus to reschedule the remaining26fleet deliveries between 2019 and 2022. Also, in this amendment, the Company used its rights on
the Airbus Purchase Agreement to convert sixA320NEO into A321NEO. In July 2020, the Company amended the agreement with Airbus to reschedule
the80aircraft deliveries between 2023 and 2028. In October 2020, the Company amended the agreement with Airbus to reschedule the remaining18fleet deliveries between 2020 and 2022.

In 2021, the Company amended the agreement with Airbus for
the purchase of39A320 family aircraft to be delivered from 2023 to 2029. The order includes only A321NEO aircraft. Under such agreement
and prior to the delivery of each aircraft, the Company agreed to make pre-delivery payments, which shall be calculated based on the reference
price of each aircraft, and following a formula established for such purpose in the agreement. Also, in this agreement, the Company used
its rights on the Airbus Purchase Agreement to convert20A320NEO into A321NEO.

In 2022, the Company amended the agreement with Airbus for
the purchase of25A320 family aircraft to be delivered in 2030. The order includes only A321NEO aircraft. Under such agreement and prior
to the delivery of each aircraft, the Company agreed to make pre-delivery payments, which shall be calculated based on the reference price
of each aircraft, and following a formula established for such purpose in the agreement.

On August 16, 2013, the Company entered into certain agreements
with IAE and International Aero Engines, LLC (“ IAE LLC”) (“ P& W”), which included the purchase of the engines
for14A320CEO and30A320NEO