Company: CTTRF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001292814-25-001765
Chunk: 144

Company: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 4A
Chunk 144
---
10.3)  
  Landing, take-off and navigation expenses                                        379,108        503,366        124,258        32.8  
  Salaries and benefits                                                            283,089        386,723        103,634        36.6  
  Depreciation of right of use assets                                              320,443        362,015         41,572        13.0  
  Sales, marketing and distribution expenses                                       124,287        167,341         43,054        34.6  
  Depreciation and amortization                                                     97,486        134,296         36,810        37.8  
  Other operating expenses                                                         102,585        169,864         67,279        65.6  
  Aircraft and engine variable lease expenses                                      124,532        103,845       (20,687)      (16.6)  
  Maintenance expenses                                                              97,783         98,445            662         0.7  
  Total operating expenses, net                                                  2,803,501      3,036,263        232,762         8.3  

  94  

  Table of Contents  

Total
operating expenses, net increased 8.3% in 2023 primarily attributed to the growth of operations and other factors described below.

Other
Operating Income. The U. S. $29.6 million, or 118.3%, increase in other operating income in 2023 was primarily due the compensation
from the engines manufacturer recorded in the period and sale and leaseback gains.

Fuel
Expense, net. The 10.3% decrease in fuel expense in 2023 was primarily attributed to an 18.0% decrease in the average economic
fuel cost per gallon, partially offset by a 9.5% increase in the gallons of fuel consumed as compared 2022.

Landing,
Take-off and Navigation Expenses. The 32.8% increase in landing, take-off and navigation expenses in 2023 was primarily driven
by a 4.3% rise in total departures and a 7.9% increase in passengers as compared to 2022. The rise in operational indicators, particularly
in the international market, resulted in increased landing, take-off, and navigation expenses.

Depreciation
of Right of Use Assets. The 13.0% increase in