Company: CTTRF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001292814-25-001765
Chunk: 41

Company: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 3
Chunk 41
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 the future.”

Changes in how we or others are permitted to operate at airports could have
a material adverse effect on our business, results of operations and financial condition.

Our results of operations may be affected by actions taken
by the airports’ concessionaires, governmental or other agencies or authorities having jurisdiction over our operations at airports,
including, but not limited to:

  termination of our airport use agreements, some of which can be terminated by the other party or airport authorities with little notice  

  international travel regulations such as customs and immigration;  

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  increases in taxes;  
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  allocation of slots;  

  changes in the law that affect the services that can be offered by airlines in particular markets and at particular airports;  
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  strikes and other similar disruptions affecting airports;  

  restrictions on competitive practices;  

  hire, train and retain qualified pilots, flight attendants, maintenance technicians, ground personnel and other personnel;  

  the adoption of statutes or regulations that impact customer service standards, including security and health standards and termination  

  the adoption of more restrictive locally-imposed noise regulations or curfews.  

In general, any changes in airport operations could have a
material adverse effect on our business, results of operations and financial condition.

We rely on a limited number of suppliers for fuel, aircraft and engines.

We rely on a limited number of suppliers for fuel, aircraft
and engines. For domestic fuel, we purchase from ASA, where we do most of the fillings and GAFSACOMM. For our international destinations,
we have entered into fuel supply agreements with suppliers such as World Fuel Services, AvFuel, Shell, BP Products North America, Chevron,
Associated Energy Group, Puma Energy Group, Total Energies, Titan, Vitol and Terpel, pursuant to which those companies or their affiliates
sell fuel to us at various airports as specified in the agreements. The agreements with ASA and GAFSACOMM expire on December 31, 2025,
and October 10, 2025, respectively, and both can be terminated with 30-days prior notice. If ASA, GAFSACOMM or our other fuel providers
offer fuel to one or more of our competitors at a more competitive price or with better terms, it may materially affect our ability to
compete against other airlines and may have a material effect on