Company: CTTRF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001292814-25-001765
Chunk: 82

Company: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 4
Chunk 82
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2024:

  Passenger Volumes (1)                   2009      2010      2011      2012      2013      2014      2015  
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────
  (millions of segment passengers)                                                                          
  Domestic                                24.6      24.6      25.6      28.2      30.6      33.0      37.3  
  (% growth increased)                  (12.9)       0.2       3.9      10.3       8.5       7.7      13.0  
  International                           24.2      25.8      26.8      28.5      30.9      33.6      37.5  
  % growth increased)                   (13.2)       6.3       4.1       6.5       8.1       8.8      11.7  
  Total                                   48.8      50.4      52.4      56.8      61.5      66.6      74.8  
  % growth increased)                   (13.1)       3.2       4.0       8.3       8.3       8.3      12.3  

Source: AFAC - “ Traffic Statistics by Airline

Our international growth strategy has focused on targeting
markets in the United States with large Mexican and Latin-American communities in order to stimulate VFR demand and leisure traffic in
those markets. During 2024, approximately 69% of international passengers in Mexico flew to the United States, making it the largest international
destination for air passengers in Mexico. All of the major U. S. legacy carriers fly to and from Mexico, but at a higher cost than low-cost
carriers. Many Mexicans in the United States purchase airline tickets for family members living in Mexico to fly to the United States
to visit. For this reason, we focus our international routes on U. S. cities with significant Mexican and Mexican-American communities.
These cities are generally located in and near to counties with Hispanic populations of over one million as of 2020, according to PEW
Research Hispanic Center. Additionally, according to the same source, as of 2021, the top