Company: CTTRF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001292814-25-001765
Chunk: 75

Company: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 4
Chunk 75
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G emission standards. Pursuant to the Clean Air Act, the FAA issued a final rule in February 2024 to implement these standards,
introducing new fuel efficiency certification regulations. These regulations took effect in April 2024 and will apply to larger business
and commercial jet aircraft with either new design types (not previously certified by the FAA) or existing design types that are in production
as of January 1, 2028. More stringent standards, or other restrictions, may also be adopted in the future.

We are committed to complying with the applicable environmental
regulations in the markets where we operate. We actively monitor regulatory developments to promote timely adaptation and compliance with
evolving standards, reinforcing our commitment to responsible and sustainable operations.

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Other Regulations

In the United States, we are subject to certain provisions
of the Communications Act of 1934, as amended, and are required to obtain an aeronautical radio license from the FCC. To the extent we
are subject to FCC requirements, we take all necessary steps to comply with those requirements. We are also subject to state and local
laws and regulations at locations where we operate and the regulations of various local authorities that operate the airports we serve.

Concessions and Permits

Through our subsidiaries Vuela Aviación and Vuela El
Salvador, we hold concessions, which authorize us to provide regular passenger, cargo and mail air transportation services in Costa Rica
and El Salvador, respectively.

The Exploitation Certificate (Certificado de Explotación)
of Vuela Aviación was granted by the government of Costa Rica on November 9, 2016, and remains valid until December 20, 2036. The
Operating Permit (Permiso de Operación) of Vuela El Salvador was granted by the government of El Salvador on August 23,
2021, and remains valid until May 30, 2029 and its renewal is currently in process. For more information regarding our aircraft and routes,
see Item 4: “ Information on the Company - Business Overview.”

Taking or Seizure in El Salvador

In accordance with Salvadoran law and Vuela El Salvador´s
concession, the Salvadoran government can, temporarily or permanently, seize our assets in El Salvador, specifically when a state of emergency
is declared and our assets are determined to be of national interest. A state of emergency could be declared in the event of natural disasters,
war, serious disturbances of public order or of