Company: CTTRF
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001292814-25-001765
Chunk: 66

Company: Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Filing Date: 2025-04-30
Form: 20-F
Item: Item 4
Chunk 66
---
 industry.
To provide any other air transportation service in Mexico, different from domestic and regular air transportation, a permit from the SICT
is required pursuant to the Mexican Aviation Law.

Concession and Permits

Through our subsidiary Volaris Opco, we hold (i) the
Concession, which authorizes us to provide domestic regular passenger, cargo and mail air transportation services within Mexico, (ii) a
permit for domestic charter air transportation passenger services, and (iii) a permit for international regular passenger and charter
passenger air transportation services.

Our Concession was granted by the Mexican federal government
through SICT on May 9, 2005. On February 24, 2020, our Concession was extended for a 20-year term starting on May 9, 2020. The Concession
authorizes us to use certain aircraft and certain routes. Pursuant to the terms of the Mexican Aviation Law, our Concession, together
with specific authorizations granted to us by the AFAC, allow us to provide domestic and international regular air transportation services.
Pursuant to our Concession, we have to pay to the Mexican federal government certain fees arising from the services we render. The exhibits
to the Concession must be updated each time a new aircraft is operated by Volaris Opco, new routes are added,
or existing routes are modified. For more information regarding our aircraft and routes. See Item 4: “ Information on the Company - Business
Overview.”

  45  

  Table of Contents  

The permit for domestic charter air transportation of passengers
was granted to us by the SICT on April 16, 2007. Such permit, which does not have a termination date, authorizes certain aircraft to operate
and specifies, among other terms and conditions, that Volaris Opco is required to request authorization from the AFAC before carrying
out any charter flight.

The permit for international charter air transportation of
passengers was granted by the AFAC on June 3, 2009 for an unspecified period of time. Such permit authorizes certain aircraft to operate
under such permit and indicates, among other terms and conditions, that Volaris Opco is required to request authorization from the AFAC,
before carrying out any charter flight.

In order to operate our aircraft, each aircraft is required
to have on board all documents and equipment required by the treaties, the Mexican Aviation Law and all applicable provisions, including
its certificate of registration, its certificate