Company: CTTRF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001292814-25-001765
Chunk: 359

Company: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 19
Chunk 359
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 4,458  
                                                US$           628      US$               76,035      76,663      89,244      90,121  

The movement in the allowance for expected credit losses from
December 31, 2022 to December 31, 2024 is as follows:

  Schedule of movement in the allowance for doubtful accounts                        
  Balance as of December 31, 2022                                  US$        ( 809  
  Write-offs                                                                  1,262  
  Increase in allowance                                                     ( 1,330  
  Balance as of December 31, 2023                                             ( 877  
  Write-offs                                                                  1,067  
  Increase in allowance                                                       ( 818  
  Balance as of December 31, 2024                                  US$        ( 628  

The allowance for expected credit losses on accounts receivable
is established in accordance with the approach disclosed at Note 1f) ii).

9. Inventories

An analysis of inventories as of December 31, 2024 and 2023
is as follows:

  Schedule of inventories                                                                      
                                                       2024                  2023              
  Spare parts and accessories of flight equipment      US$       16,633      US$       16,117  
                                                       US$       16,633      US$       16,117  

The inventory items are consumed during or used mainly in
delivery of in-flight services and for maintenance services by the Company and are valued at the lower of cost or replacement value. The
Company recognizes the necessary estimates for decreases in the value of its inventories due to impairment, obsolescence, slow movement
and causes that indicate that the use or realization of the aircraft spare parts and flight equipment accessories that are part of the
inventory will be less than recorded value.

For the years ended December 31, 2024, 2023 and 2022, the
Company did not record any impairment loss in the value of its inventories.

During the years ended as of December 31, 2024, 2023 and 2022,
the amount of consumption of inventories recorded as an operating expense as part of maintenance expense was US$24,009, US$20,928and
US$17,825, respectively.

10. Prepaid expenses and other current assets

An analysis of prepaid expenses and other current assets at
December 31, 2024 and 2023 is as follows:

  Schedule of