Company: CTTRF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001292814-25-001765
Chunk: 181

Company: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 4A
Chunk 181
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        809  
  Maintenance personnel                                                        847        574        640  
  Dispatch personnel                                                             -          -         61  
  Management and administrative personnel                                    1,063      1,281      1,318  
  Total                                                                      7,364      7,198      6,901  
  Average employees per aircraft (2)                                            60         54         44  

  (1)      For the years ended December 31, 2022, 2023, and 2024, the number of employees that were considered traffic  
           agents is 844, 650 and 470, respectively.                                                                    
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  (2)      Traffic agents are considered on a 60.0 % FTE (Full-Time Equivalent) basis for this calculation, as they are part-time  

We provide extensive training to our pilots, flight attendants,
technical staff and customer service representatives, which complies with Mexican and international standards. We have implemented employee
accountability initiatives both at the time of hiring and on an ongoing basis in order to maintain the quality of our crew and customer
service.

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  Table of Contents  

Our compensation strategy is meant to retain talented and
motivated employees and is designed to align the interests of our employees with our own. All of our employees, including pilots, flight
attendants, ground employees and management, are subject to variable, performance-based compensation employment arrangements, which are
intended to promote efficiency, operating performance and profitable results. In addition, there is no seniority pay escalation among
our pilots in order to encourage meritocracy.

  Share Ownership  

For information regarding the share ownership of directors
and officers, see Item 7ª: “ Major Shareholders and Related Party Transactions.” For information as to our equity incentive
plans, see Item 6B: “ Director, Senior Management and Employees - Compensation.”

  Disclosure of a Registrant’s Action to Recover Erroneously Awarded Compensation  

None.

ITEM 7 MAJOR SHAREHOLDERS AND RELATED PARTY
TRANSACTIONS

  Major ShareholdersOur Principal Shareholders  

Our shareholders are Mexican investors, international investors,
and investment funds managed by Indigo Partners LLC (“ Indigo”). Our shareholders have a long history of investing in Mexico
and some of them have experience in the airline industry by having formed, or by holding interests in, Frontier, Jet SMART,