Company: CTTRF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001292814-25-001765
Chunk: 110

Company: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 4
Chunk 110
---
 this crime by fully deploying our campaign, “ Ojos
en el Cielo” (Eyes in the Sky), to join the efforts against human trafficking and commercial sexual exploitation. The Social
pillar also prioritizes the well-being, safety, health, and rights protection of our customers. We strive to strictly comply with the
highest safety standards according to domestic and international regulations. In a year of growth for us, as 2024 was, we continued to
focus on operational safety, maintained the IOSA certification, and were rated as one of the safest airlines worldwide by Airlineratings. com.

Through our Economic and Governance pillar we developed initiatives
and actions that allow us to reduce costs, optimize resources, increase operational efficiency and reliability. We also aim to lawfully
engage and advocate for the creation of public policies consistent with our corporate sustainability strategy, manage our corporate reputation,
and develop clear communication channels with our stakeholders. Moreover, our business values, ethics, and legality are influenced through
our anti-corruption and anti-bribery practices, as well as through risk and crisis management systems, as we aim to protect information,
and personal data, and transparency in all our processes.

In 2024, these efforts culminated in our current inclusion
in the S& P Dow Jones Best-in-Class Index, known as the Dow Jones Sustainability Index until February 2025, as one of the eight airlines
included worldwide, and the only airline in the MILA Pacific Alliance Index.

  71  

  Table of Contents  

C. Organizational Structure

The following is an organizational chart showing Volaris and
its subsidiaries as well as our ownership and voting percentage in each as of the date of this annual report:

Volaris Opco is our airline operating subsidiary in Mexico and
the United States. Comercializadora is primarily engaged in our loyalty program, and other commercial matters including marketing and
advertising. Volaris Opco, Volaris and Servicios Corporativos employ some of our employees. Servicios Corporativos renders specialized
services to its affiliates. Viajes Vuela performs travel agency services. Comercializadora V. Frecuenta has not started operations and
may be engaged in providing air travel-related ancillary services. These subsidiaries are incorporated in Mexico.
Vuela is our operating subsidiary in Guatemala and Servicios Earhart employ some of our employees in Guatemala. Vuela, Servicios Earhart
and GDS are incorporated in Guatemala. Vuela Aviación is our operating