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

Company: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 3
Chunk 20
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 the United States
is dependent on maintaining our certifications, permits and authorizations issued to us by the DOT and the FAA. The FAA has the authority
to issue mandatory orders relating to, among other things, the grounding of aircraft, inspection of aircraft, installation of new safety-related
items and removal and replacement of aircraft parts that have failed or may fail in the future. A decision by the FAA to ground or require
time-consuming inspections of or maintenance on, our aircraft, for any reason, could negatively affect our business, results of operations
and financial condition. U. S. federal law requires that foreign air carriers, like us, providing air transportation to and from the United
States hold a DOT-issued foreign air carrier permit or exemption. The revocation of such DOT authority or our FAA authorization would
render it impossible for us to continue operating as an airline in the United States. The DOT and the FAA may also institute investigations
or administrative proceedings against airlines for violations of regulations.

Furthermore, we cannot assure you that airline industry regulations
enacted in the future in Mexico, Central America, South America and the United States, or the applicable international treaties, will
not increase our costs significantly.

Airlines are often affected by factors beyond their control,
including air traffic congestion at airports, weather conditions, health outbreaks or concerns, pandemics, or increased security measures,
any of which could harm our business, results of operations and financial condition.

Like other airlines, we are subject to delays caused by factors
beyond our control, including air traffic congestion at airports, air traffic control inefficiencies, adverse weather conditions, health
outbreaks or concerns, increased security measures and new travel- related taxes. Delays frustrate passengers, reduce aircraft utilization
and increase costs, all of which in turn could adversely affect our profitability. The governments of Mexico, the United States and the
Central and South American countries in which we operate control their respective airspace and airlines are completely dependent on the
AFAC, the FAA and the other aviation authorities in the Central and South American countries in which we operate to keep these airspaces
in a safe, efficient and affordable manner.

The air traffic control system, which is operated by Services
to the Navigation in the Mexican Air Space (Servicios a la Navegación en el Espacio Aéreo Mexicano) in Mexico, the
FAA in the United States, the Central American Corporation of Aerial Navigation Services (Corporación Centroamericana de Servicios
de