Company: CTTRF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001292814-25-001765
Chunk: 152

Company: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 4A
Chunk 152
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-delivery payments. Additionally, we acquired intangible assets of U. S. $6.8 million. These acquisitions were partially offset by pre-delivery
payments reimbursements of U. S. $221.3 million and other proceeds of U. S. $1.9 million.

Net
cash flows used in financing activities. During 2024, net cash flows used in financing activities totaled U. S. $471.6
million. This primarily included: (i) lease liability payments of U. S. $583.4 million for aircraft and spare engine rentals, (ii)
financial debt payments of U. S. $208.1 million, (iii) interest payments of U. S. $58.4 million, (iv) treasury share purchases of U. S.
$5.1 million, (v) financing expenses of U. S. $1.7 million, and (vi) payments related to other financial instruments of U. S.
$0.1 million. These outflows were partially offset by proceeds from financial debt totaling U. S. $385.2 million.

During 2023, net cash flows used in financing activities totaled
U. S. $214.4 million, which primarily consisted of : (i) lease liabilities payments of U. S. $529.1 million (aircraft and spare engines
rent payments), (ii) financial debt payments of U. S. $97.9 million, (iii) interest expenses of U. S. $37.2 million, (iv) treasury shares
purchase of U. S. $3.0 million, (v) expenses related to the offering of U. S. $2.5 million and (vi) other financial instruments of U. S.
$1.5 million. These outflows were partially offset by proceeds from financial debt under our asset-backed trust notes (CEBUR) of U. S.
$85.1 million and the proceeds from our financial debt of U. S. $371.7 million.

During 2022, net cash flows used in financing activities totaled
U. S. $513.0 million, which consisted primarily in payments of lease liabilities of U. S. $449.0 million (aircraft and spare engines rent
payments), payments of financial debt of U. S. $196.6 million, payments of interest expenses of U. S. $17.6 million and treasury shares
purchase of U. S. $5